Valaris (NYSE:VAL – Get Free Report) was upgraded by analysts at StockNews.com to a “sell” rating in a research report issued on Thursday. Several other equities analysts also recently issued reports ...

Drilling activity continued its upward climb, posting a fourth consecutive increase and hitting the highest level since June. Oilfield services firm Baker Hughes said Friday its U.S. rig count added ...

The anticipated upcycle in deepwater drilling has been deferred to 2026 or later due to factors like FPSO lead times, regulatory approvals, and capital discipline.

The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 592 for a fourth consecutive weekly gain, Baker Hughes said Friday in its latest report. Despite the increase to the most ...

A Norwegian drilling rig company has won a US$105 million award against a Nigerian oil and gas group over alleged non-payment ...

Transocean's high-spec fleet and long-term contracts position it to outperform peers despite cyclical downturn in offshore ...

Ghassan Mirdad, CEO of Arabian Drilling Co. ( ADC ), said that the company’s strategic alliance with Shelf Drilling Co. will help expand into new offshore drilling markets in Africa and Asia. Speaking ...

An estimated 12 jack-up drilling rigs are subject to contract suspensions by the Mexican national oil company Pemex, but there are indications the rigs will start being brought back into service from ...

As we reflect on the key takeaways from the Mining Indaba which recently took place in Cape Town, the question on every leader’s mind should not just be about survival but about thriving in the face ...

Borr Drilling Ltd (BORR) reports a significant revenue increase and strong utilization rates, while addressing market headwinds and future opportunities.

Offshore driller Constellation Oil Services Holding SA is planning to list shares in Oslo after reducing debt and increasing revenue from contracts with Brazilian oil explorer Petrobras.