Transocean Ltd. RIG is one of the most well-known players in offshore drilling, focused on operating mobile rigs that help ...

Scale, innovation and disciplined execution help PTEN, RIG, and PDS stand out in a slumping drilling industry.

Borr Drilling faces challenges with Q1/2025 losses, suspended dividends, and market pressures. Read why I am downgrading BORR ...

The undertaking will require three drilling rigs, each with a capacity of 1500 to 2000 horsepower. NPC noted that current revenues are insufficient to fully finance the project. To support the ...

The US drilling rig count decreased 3 units to reach 563 rigs working. Canada's count decreased by 2 units.

Schroders Capital Global Innovation Trust PLC, up 9.4% at 14.8p, 12-month range 8.54p-15.99p. Proposes a GBP37 million tender offer, as part of its wind-down process. Estimates the offer price will be ...

The Norwegian owners of two state-of-the-art deepwater drilling rigs are working hard to secure new contracts for the units which are currently unemployed despite their excellent track records and ...

Adnoc Drilling has won two offshore jack-up rig deals worth a combined $1.15 billion for 15 years from compatriot Adnoc Offshore. The jack-up deals will bring in “accretive rates that generate ...

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Adnoc Drilling, the Middle East's largest drilling company, has appointed Abdulla Al Messabi as its new chief executive.

ADNOC Drilling’s Chief Financial Officer, Youssef Salem, highlighted the potential to double this acquired rig count within a year. The transaction, involving a $91mn upfront payment and a $21mn ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...