It might not be a great time to start offshore drilling, with oil prices as depressed as they are, but it might just be a great time to buy an offshore drilling rig for a cut-rate price—in fact, you ...

Zenith Energy ( ($GB:ZEN) ) just unveiled an update. Zenith Energy Ltd. announced the planned sale of its ZEN-260 drilling rig, originally ...

WEST GOSHEN – Chester County drilling rig maker Schramm Inc. has been sold following its June filing for Chapter 11 bankruptcy protection. The newly formed Schramm II Inc. (“Schramm”) has completed ...

BAAR, Switzerland: Weatherford International plc (NYSE: WFT) (the "Company" or "Weatherford") today announced it has completed the sale of two land drilling rigs that were relocated in Algeria and has ...

Precision Drilling Corporation (NYSE:PDS) has announced the sale of five drilling rigs and ancillary equipment based in Mexico. The cumulative value of these transactions is $48 million. Till date, ...

RIO DE JANEIRO, May 17 (Reuters) - Maersk Drilling sold two oil drilling rigs to U.S.-based energy infrastructure company New Fortress Energy Inc (NFE) which it will convert into floating liquefied ...

The company has also made significant strategic moves, including the sale of three jack-up rigs and a 50% stake in the Gulfdrill joint venture to Gulf Drilling International (GDI) for $338 million.

HOUSTON, May 31, 2022 (GLOBE NEWSWIRE) -- Vantage Drilling International (“Vantage”), announces today that on May 27, 2022, its directly-held subsidiary, Vantage Holdings International (“VHI”), ...

Maersk Drilling sold two oil drilling rigs to U.S.-based energy infrastructure company New Fortress Energy Inc (NFE) which it will convert into floating liquefied natural gas (LNG) facilities, the ...

RIO DE JANEIRO, May 17 (Reuters) - Maersk Drilling sold two oil drilling rigs to U.S.-based energy infrastructure company New Fortress Energy Inc (NFE.O), opens new tab (NFE) which it will convert ...