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 ...

NEW ORLEANS (AP) — Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 million gallons (500 million liters) of crude gushing into the ocean, the ...

Tenaris aims to optimize its supply chain through the expansion of Rig Direct, a just-in-time inventory-management program that maximizes production efficiency through improved demand planning.

The older generation fleet (6/7th Gen) could see some pricing pressures from increased competition among offshore drilling rig suppliers ... analysts are third party authors that include both ...

NEW ORLEANS (AP) — Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast ... the effects of the nation’s worst offshore oil spill are still being felt.

London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London ... its world class Chuditch gas project, ...

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 ...

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 ...