Transocean’s planned Valaris acquisition and expanding contract backlog are reframing its long-term earnings outlook.

Deepwater drilling is becoming increasing important in the oil and gas (O&G) industry as shallower reserves are depleted. According to Global Energy Monitor’s Global Oil and Gas Extraction Tracker, in ...

Add Yahoo as a preferred source to see more of our stories on Google. Cleanup workers try to scoop up all the toxic globs on Pensacola Beach from the 2010 BP Deepwater Horizon spill. Now BP is back ...

Turkey has commenced ultra-deepwater oil drilling operations in Somalia under a controversial 2024 energy agreement, which ...

Ten years after an oil rig explosion killed 11 workers and unleashed an environmental nightmare in the Gulf of Mexico, companies are drilling into deeper and deeper waters, where the payoffs can be ...

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 ...

The deepwater drilling contractor Seadrill said that its contract backlog, as of May 23, 2019, totaled approximately $1.9 billion.The drilling services provider said it has added $130 million of ...