Transocean Q1 2025 results beat expectations; year-end liquidity improves. Learn about guidance updates, competitor shifts, ...

About Valaris Limited Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. Operating a high-quality rig fleet of ultra ...

The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilization hitting the lowest levels recorded since recovery began in 2021. A variety of ...

Valaris Ltd, the Bermuda-headquartered offshore drilling company, has agreed to sell its jack-up rig Valaris 247 to BW Energy for approximately $108 million in cash. The sale is expected to close ...

About Valaris Limited Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. Operating a high-quality rig fleet of ultra ...

The announcement Friday came after three Gulf Coast states asked the Trump administration to intervene. The Interior Department announced plans Friday to walk back changes under former President ...

Countries across Africa are preparing for the projected oil boom, and Nigeria is taking its position in the offshore ...

In a later phase, the interior will be filled with sand to build high-voltage infrastructure that will connect new offshore wind farms.TM Edison is carrying out the work on behalf of grid operator ...

Of the total U.S. rig count of 584, 567 rigs are categorized as land rigs, 14 are categorized as offshore rigs, and three are categorized as inland water rigs. The total U.S. rig count is made up ...

Tidewater Inc. outperforms in Q1 2025 with strong profits, strategic share buybacks, and resilient projects. Click for why ...

As part of the sales agreement, BWE will be restricted from using the rig outside of BWE-owned or ... a 27-year-old jackup currently working offshore Australia. Upon closing, the sale proceeds ...