Arabian Drilling will gain access to the UAE-based firm’s extensive international operating platform and diverse customer ...

Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) today announced several fleet rationalization actions and issued a ...

This collaboration aims to enhance client services and strengthen their competitive edge in the offshore drilling sector.

Transocean Ltd. (NYSE: RIG), which has its U.S. headquarters in Houston, has named a new CEO for the first time in a decade.

Guyana and the Dominican Republic are making progress on accords for offshore oil and gas exploration and to build a ...

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...

Contract drilling revenues for Q1 2025 are expected between $870 million and $890 million, with full-year 2025 projected at $3.85 billion to $4 billion. Operating and maintenance expenses for 2025 are ...

BRASILIA, Brazil (AP) — Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, ...

SFL Corporation Ltd. reports 2024 results with steady dividends but faces challenges as key asset Hercules may remain idle.

US supermajor ExxonMobil has submitted an application for an environmental authorisation to develop the Hammerhead discovery ...

Rhino Resources has completed the drilling of the Sagittarius 1-X well at PEL85 license in Orange Basin offshore Namibia, ...

Ground source heat pumps, which use stable underground temperatures for efficient heating and cooling, could expand to 80 ...