News

On crowded platforms perched above the icy waters of Cook Inlet, a small army labors to keep up the extraction of fossil fuels.
Borr Drilling faces challenges with Q1/2025 losses, suspended dividends, and market pressures. Read why I am downgrading BORR ...
Discover the top 7 undervalued Energy Equipment & Services stocks for Monday, June 09 based on AAII’s Stock Grades.
Discover the top 6 undervalued Energy Equipment & Services stocks for Tuesday, June 03 based on AAII’s Stock Grades.
JP Morgan analyst Arun Jayaram upped Noble Corporation plc (NYSE:NE)’s stock from “Neutral” to an “Overweight” rating and set a price target of $30.00. The analyst highlighted a shift in preference ...
PetroTal ended Q1 2025 with a total cash position of $113.6 million, of which $103 million was unrestricted. The Company's cash position was essentially flat relative to year-end 2024, but has ...
Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that it has agreed to sell jackup ... rig reactivation; our ability to enter into, and the terms of, future ...
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 ...
Lime Petroleum signed a contract with Borr Gerd Limited for the Gerd jackup rig, which will be used for a 120-day drilling campaign in Benin. The Sèmè Field in Benin is operated by Akrake, which holds ...
United Arab Emirates-based jackup rig pure-play Shelf Drilling has received a contract termination from French giant TotalEnergies. The company said it received a contract termination notice for ...
The Jackup Rigs Market is growing, driven by rising offshore drilling activities, increasing energy demand, and advancements in rig technology for deeper exploration.” - MRFRNEW YORK ...