Noble Corp. (NYSE:NE) +2.8% in Monday's trading as CEO Robert Eifler said in a Bloomberg interview that dayrates for deepwater drillings rig could climb to $600K if demand from oil companies continues ...

Inpex and its partners in the deepwater Block 2A production sharing contract offshore Sarawak, East Malaysia, have approved ...

Seascape Energy and JV partners will now focus on securing a drilling rig and pinpointing the drilling site to test the ...

Transocean Ltd. RIG, the Swiss offshore contract drilling service provider, has reached an agreement with an undisclosed customer to sell one of its ultra-deepwater floaters. This strategic move marks ...

Transocean Ltd. (NYSE:RIG) is one of the best penny stocks to buy according to hedge funds. In a report released on October 6 ...

Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") announced today that it has been awarded a five-well contract with ...

The shipyard owners of the last remaining newbuild drillships and semi-submersibles are evaluating sale options and other ways of maximising value and returns from the assets. A large pool of ...

Contract driller Ensco ESV boasts a fleet of seven ultra-deepwater drillships, 20 semisubmersible rigs and 49 premium jack-up rigs. The firm stands to thrive in the near term because it owns one of ...

I’ve already asked whether President Obama’s deepwater drilling moratorium is a smart policy, given the fact that it won’t do much unless we attack oil demand at the source. But I still thought that a ...