News

Borr Drilling faces challenges with Q1/2025 losses, suspended dividends, and market pressures. Read why I am downgrading BORR ...
RIG) previously, so investors should view this as an update to my earlier articles on the company. After the close of Tuesday's regular session, leading offshore driller Transocean disclosed up to ...
The rig count in the Permian Basin was down three this week, the latest count Friday by Baker Hughes shows, with 275 rigs active in the region. A year ago, 310 rigs were active in the region.
That rental unit went to work at an offshore rig construction company, blasting topsides. When recalling the deal he said: “It replaced an 18 tonne Grove Rough Terrain crane with a basket, which tied ...
The share price of Sable Offshore Corp. (NYSE:SOC) fell by 27% between May 27 and June 3, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let’s shed some light on the ...
Welcome to the world’s biggest offshore oil rig platform,a colossal engineering feat where people live, eat, sleep, and drill hundreds of miles from land.In this video, we take you deep inside ...
SBM Offshore announces it has signed a Share Purchase ... The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views ...
In view of New York’s need for more renewable power, let’s celebrate Governor Kathy Hochul’s success in persuading Trump to lift his stop-work order on the 30% completed Empire 1 offshore ...
To understand how much gas is coming off of an offshore rig by use of previous standard methane detection methods could take operators up to an hour to do one downwind measurement. “ ...
Adnoc Drilling has won two offshore jack-up rig deals worth a combined $1.15 billion for 15 years from compatriot Adnoc Offshore. The jack-up deals will bring in “accretive rates that generate ...