At an extraordinary general meeting called by Shelf to consider the proposed transaction, 99.6% of votes cast were in favour ...

Another reason behind the revised offer was the increase in estimated cost synergies following the merger of the two drilling ...

India’s Oil & Natural Gas Corporation (ONGC) is planning to acquire newly built offshore jack-up rigs to help secure long-term drilling capacity in a rig market that has been battered by the ...

Borr Drilling Limited is positioned for growth with high jack-up utilization, expanding contracts, and strong liquidity. Read ...

KENAI, Alaska - Although the Kang Sheng Kou heavy-lift vessel brought the Endeavour-Spirit of Independence jack-up rig to Cook Inlet waters from Singapore, the Endeavour rig might have carried its own ...

Borr Drilling Limited (NYSE:BORR) is one of the best long-term penny stocks to buy right now. On August 27, Borr Drilling Limited (NYSE:BORR) announced new contract commitments for two of its premium ...

Chevron Corporation CVX is preparing to spud the Korikori-1 exploration well later this month in Suriname’s Block 5, as confirmed by state-owned Staatsolie. The well site lies about 78 km offshore in ...

Saudi Arabia’s oil drilling giant ADES Holding Company has received 99.6% shareholder approval for its merger with Norwegian ...

Borr Drilling , a Norwegian contractor of shallow water drilling rigs, warned on Monday that the company continued to face a "very challenging" financial situation after reporting $61.9 million in net ...

Phu Quoc Petroleum Operating Co. let a contract to Velesto Energy for the NAGA 4 jack-up rig for work offshore Vietnam. Phu Quoc Petroleum let a contract to Velesto Energy for drilling offshore ...