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Seadrill (SDRL) said post-market Monday its West Carina ultra-deepwater drillship was awarded a contract valued at ~$420M with an undisclosed operator for work offshore Indonesia for an estimated firm ...

RIG secures an $80 million Equatorial Guinea deal, keeping Deepwater Conqueror contracted after its Gulf of Mexico assignment ...

Petrobras PBR, the Brazilian state-run integrated oil and gas giant, recently announced major contract extensions for offshore drilling operations in the country’s prolific Santos Basin. The extended ...

Seadrill has secured a $420 million drilling contract in Indonesia, extended offshore rig operations in Malaysia and Angola, ...

Transocean owns the most technically capable fleet in the offshore drilling industry. The crown-jewel assets are the Deepwater Titan and the Deepwater Atlas, the only two 8th-generation drillships in ...

As the most leveraged player in the group, shares tend to outperform peers in times of strong market sentiment and underperform once investor enthusiasm starts to vane. According to the company's most ...

Valaris Limited VAL, an offshore driller, has successfully secured new deals and contract extensions, adding approximately $1.14 billion to the firm backlog, excluding mobilization fees and capital ...

Hanwha Ocean has held a naming ceremony for its high specification ultra-deepwater drillship Tidal Action, signaling its official entry into the deepwater drilling industry. The Tidal Action is built ...

In its quest to access deep-ocean resources, China commissioned its first drilling vessel at a shipyard in Guangzhou. The ultra-large drillship, the Meng Xiang (Dream), is a significant leap in ...