This week's offshore rig review looks at the combined Transocean-GlobalSantaFe fleet in comparison with other drilling contractor's fleets. With the recent announcement of the proposed merger of ...

Recovery is a double-edged sword. Despite the healthier offshore rig market there are headwinds. Cost inflation plagues the industry. Materials, logistics and labour are pressure points throughout the ...

Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy -- including some strange sources being explored-- is still a long way away.

The offshore rig market is experiencing a period of rapid growth, driven by notable advancements in Guyana, Brazil, and the Middle East, infill drilling activities in West Africa, and renewed ...

The recovery in the offshore drilling industry is just getting started, especially in the drillship and jack-up rig segments, according to market analysts. Esgian’s current estimate for reactivating a ...

VAL is well-positioned to capitalize on the multi-year upcycle due to its fleet size and portfolio approach to contracting. The company's strong balance sheet and undervalued stock price drive my ...

Offshore drilling remains resilient this year with strong activity in Latin America, Southeast Asia and other hotspots, but the sector has less appetite for building new drilling rigs after learning ...

Valaris expands offshore drilling operations with high-spec rigs, contract backlog management, and fleet optimization, ...

350 FT Water Depth Offshore Jackup Drilling Rig Complete Ready For Deployment Worldwide. Independent Legs Cantilever Self Elevating ABS CLASS, Design for -10 Degree "C" temperature harsh weather like ...

April 24 (Reuters) - Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a better-than-expected quarterly profit as it cut drilling costs and hiked prices, ...