DubaiArabian Drilling and Shelf Drilling have signed a memorandum of understanding to establish a strategic alliance aimed at enhancing their international offshore drilling capabilities. This ...

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 ...

Bermuda-based drilling contractor Valaris has decided to retire three semi-submersible rigs from its global fleet and focus on high-specification units. Valaris on Tuesday confirmed that the semisubs ...

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

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

Transocean Ltd. (NYSE: RIG) today announced its plan for key leadership changes pursuant to the company's multi-year succession planning strategy. As part of this plan, Keelan Adamson, the company's ...

Aramco cancelled multiple offshore rig contracts last year, leading to a decline in jack-up day rates and prompting domestic ...

Under the alliance, Arabian Drilling will gain access to Shelf Drilling's extensive international operating platform and ...