President Joe Biden issued historic protections for both Florida’s Gulf Coast and much of the U.S. coastline. This ...

China has launched a new ultradeep drilling campaign, aiming to unlock oil and gas resources from depths exceeding 8,000 ...

The added rigs are evenly split, one oil-targeted, and one gas-targeted, bringing the respective totals to 481 and 101 rigs ...

International Maritime Industries (IMI), a maritime construction and repair company and the largest maritime facility in the Mena region, has commenced construction of a new offshore jack-up rig, ...

Transocean Ltd (NYSE: RIG) provides offshore contract drilling services for the oil and gas industry. They have a fleet of 34 mobile offshore drilling units, which consist of 26 ultra-deepwater ...

The number of active drilling rigs in the United States stands at 588 this week, up by two from the previous week but down by 33 from a year ago, according to the weekly data released Friday by ...

Petroleo Brasileiro SA has requested authorization from Brazil’s environment protection agency to prepare a drilling rig for work at a disputed offshore exploration project, a sign that the ...

Public sector giant plans to invest between $3 billion and $4 billion during ongoing financial year, mostly on offshore ...

We recently published a list of 12 Best Young Stocks To Buy and Hold For 10 Years. In this article, we are going to take a ...

STEINHAUSEN, Switzerland, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, ...

Reports all-time high EBITDA of $2.01bn, up 36% and $1.304bn in net profit, up 26%; Issues guidance to touch $5bn revenue in 2026 ...

Most of the rigs had been abandoned at Keppel's yard by their owners. Keppel was the most celebrated builder and designer of offshore drilling rigs in the world, but the merger with Sembcorp ...