Arabian Drilling will gain access to the UAE-based firm’s extensive international operating platform and diverse customer ...

Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) today announced several fleet rationalization actions and issued a ...

This collaboration aims to enhance client services and strengthen their competitive edge in the offshore drilling sector.

Transocean Ltd. (NYSE: RIG), which has its U.S. headquarters in Houston, has named a new CEO for the first time in a decade.

Guyana and the Dominican Republic are making progress on accords for offshore oil and gas exploration and to build a ...

BRASILIA, Brazil (AP) — Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, ...

SFL Corporation Ltd. reports 2024 results with steady dividends but faces challenges as key asset Hercules may remain idle.

US supermajor ExxonMobil has submitted an application for an environmental authorisation to develop the Hammerhead discovery ...

Ground source heat pumps, which use stable underground temperatures for efficient heating and cooling, could expand to 80 ...

Transocean Ltd. (NYSE: RIG) today announced its plan for key leadership changes pursuant to the company's multi-year succession planning strategy. As part of this plan, Keelan Adamson, the company's ...

Aramco cancelled multiple offshore rig contracts last year, leading to a decline in jack-up day rates and prompting domestic ...

The president is calling for energy dominance, but aging shale plays aren't positioned to deliver a surge of new oil production.