The last place most people would expect to find a thriving marine ecosystem is beneath an abandoned offshore oil rig. Built ...

E awards SAPMF a $260 million Cote d'Ivoire long-term drilling contract, with the Santorini drillship set to begin the ...

Transocean Ltd. RIG has strengthened its position in the global offshore drilling market after announcing new contract awards for two of its premium harsh-environment semisubmersible rigs. The ...

On June 30th, the management team at Transocean announced that the company landed an agreement worth more than $1 billion in contract backlog. According to the terms of the agreement, it will provide ...

ADES reported that the orders involve the Shelf Drilling Odyssey rig for Seplat Energy Nigeria and the Shelf Drilling ...

Offshore rigs or land-based completion services? One carries higher leverage; the other faces customer concentration risk.

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 ...

U.S.-based offshore drilling contractor Noble Corporation on Wednesday announced it has completed its acquisition of peer Diamond Offshore Drilling. The merger creates the industry's largest fleet of ...

Add Yahoo as a preferred source to see more of our stories on Google. A person fishes with the offshore oil and gas platform Esther in the distance on Jan. 5 in Seal Beach, Calif. (Mario Tama/Getty ...

An offshore drilling firm has said it is making safety improvements after an accident with a lifting system caused what inspectors said was a "significant risk of harm" to workers ...

Senior leadership role accountable for safe, timely Mechanical Completion (MC) to Ready-For-Start-Up (RFSU) and Performance Test (PT) of all rig systems (drilling, marine, power, safety, utilities), ...

Kuwait's Ministry of Defense said three land border posts in the north of the country came under what it described as a ...