BORR share price has generally tracked revenue growth in the past, but recent gains are unsupported by revenue growth. Based ...

The companies are merging as the outlook for offshore oil drilling improves.

Offshore drilling is a cyclical business, and improving contract activity can lift earnings sharply. GeoSphere’s new stake in Borr Drilling highlights renewed interest in that recovery.

Transocean Ltd. (NYSE: RIG) has made the definitive move to cement its status as the undisputed leader in offshore drilling. By agreeing to acquire Valaris Limited (NYSE: VAL) in an all-stock ...

For broader market context, index watchers often track benchmarks such as the Nyse Composite when comparing sector moves and sentiment shifts. Offshore drillers can sometimes move with energy-linked ...

Transocean has agreed to acquire Valaris in a $5.8 billion all-stock deal, creating a dominant offshore driller positioned ...

Borr Drilling (BORR) is back in focus after reporting a small fourth quarter net loss alongside softer revenue, while ...

Transocean Ltd. RIG shares are up on Monday as the company is acquiring Valaris in a significant all-stock deal valued at approximately $5.8 billion. Transocean shares are testing new highs. What’s ...

MONTEREY – A roundtable of local business leaders was convened by Rep. Jimmy Panetta, D-Carmel Valley, on Thursday in ...

Transocean Ltd. RIG and Valaris Limited VAL have announced a definitive all-stock agreement that will combine two of the ...

It’s back—the federal government’s push to expand offshore oil drilling. As the headline last month in the Long Island newspaper Newsday reported: “Plan for New Oil Drilling Off Fla. and Calif. Coasts ...

Frontline rig-floor professional executing safe handling of tubulars and assisting drilling operations under the Driller’s direction. Focused on red-zone control, equipment readiness, and flawless ...