GlobalSantaFe has executed an agreement with Hyundai Heavy Industries to build a new ultra-deepwater drillship for ... Like those rigs, it will be capable of drilling in water depths up to 10,000 ...

Offshore rig market faces a challenging year ahead, with falling dayrates and weak demand amid contract suspensions and ...

Seas Geosciences has completed the conversion of the BOS Princess into a multipurpose geotechnical drilling vessel that is ...

RIG holds a strong position in offshore drilling with high demand and innovative technology, but its high debt and financial losses could affect growth prospects.

Cairn Oil & Gas has signed a contract with Parker Wellbore to deploy a high-performance drilling rig in Rajasthan, boosting ...

Jackup Rigs Market Jackup Rigs Market Increasing offshore drilling activities & demand for shallow-water exploration drive market growth.</ ...

Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") announced today that it has been awarded a two-year contract ...

Global energy technology company SLB has secured a major drilling contract by Australian oil and gas operator Woodside Energy ...

Offshore exploration and well appraisal (E&A) activity is projected to increase almost 10 percent over the second half of this decade. Even more significant, spending for offshore E&A is projected ...