Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

The Eureka City Council took steps toward preventing offshore drilling support from being located in Eureka on Tuesday night, ...

Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that it has been selected by ...

Noble Corporation's shares have risen by about 50% over the past year, reflecting the recovery in the offshore drilling sector. The company reported solid financial results, with adjusted EPS of $0.38 ...

Leading offshore rig contractors have submitted offers to India’s Oil & Natural Gas Corporation (ONGC) for potential charter contracts involving up to four jack-up rigs that are likely to be deployed ...

Offshore drilling contractor Transocean (NYSE:RIG) announced in Q1 CY2026, with sales up 19.3% year on year to $1.08 billion. Its non-GAAP loss of $0.03 per share was significantly below analysts’ ...

The offshore division of Arab Shipbuilding and Repair Yard (ASRY) in Bahrain is on track to deliver its 200th project milestone in the first quarter of 2026. It will be a landmark achievement for ASRY ...

One of the biggest talking points of 2024 and 2025 was Saudi Aramco’s suspension of 36 jackups from April 2024, but by 3Q 2025 21 units had been re-deployed into other regions of the world. Fast ...

For many years, oil analysis has been a crucial tool for routine maintenance and cost prevention on oil rigs. Equipment failures on these rigs pose significant safety risks and can lead to missed ...

A drilling rig that was damaged in a collision with a supply ship hundreds of kilometres east of St. John's in November is in Nova Scotia for repairs. The GSF Grand Banks arrived at the Irving ...

This week's offshore rig review focuses on the construction trends and costs that have shaped the competitive rig fleet over that last 30 years and those that are shaping it today. We recently spent ...

Is RIG a good stock to buy? We came across a bullish thesis on Transocean Ltd. on Valueinvestorsclub.com by ChannelsTX. In ...