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A Texas company wants to drill for oil off Santa Barbara County's coast. Experts say its path to oil sales is looking more ...

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 ...

Epiroc AB, a leading productivity and sustainability partner for the mining and infrastructure industries, has won a large ...

The company has already been in the market for some years, but due to recent management changes is increasing its visibility.

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

A Houston-based oil industry manufacturer sold the former headquarters of the company it merged with last year to PCCP and ...

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

US operators return to the record books. June output topped 13.6 million barrels a day according to the latest government updates. Crude output this week came close to another record. At 13,639,000 ...

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

Offshore oil drilling contractor Seadrill expects the market for its rigs to remain depressed until late 2021, the Oslo-listed firm said on Friday as it continued talks with creditors over a debt ...