Transocean has agreed to acquire Valaris (NYSE:VAL) in an all stock deal, combining two major offshore drilling contractors into a single enlarged group. The transaction will create what is described ...

The VanEck Oil Services ETF (NYSEARCA:OIH) gives energy investors broad exposure to the drilling cycle without picking ...

No companies bid for the chance to drill in more than 1 million acres of water off Alaska’s Cook Inlet, the Interior ...

The relaxed rules would “free up billions of dollars” for oil companies, which they could redirect “toward future leasing, exploration, and production,” Interior Secretary Doug Burgum said in a ...

Exciting news for the energy sector! PRIO has obtained the final operating license to kickstart production at the Wahoo pre-salt field in Brazil. The stage is set for first oil between March and April ...

The potential third phase involves drilling two additional wells aimed at enhance recovery while maintaining modest capital ...

Alright… If it were a $60 stock instead of 6, no one would touch it. The fact is that it can go higher, but I do know it’s ...

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In the fourth quarter, Transocean Ltd. (NYSE:RIG) reported contract drilling revenues of $1.043 billion, net income of $25 million, or $0.02 per diluted share, and adjusted EBITDA of $385 million. The ...

Exciting developments in Asia Pacific's upstream sector! Offshore projects ramp up and deepwater drilling returns, securing ...

From offshore oil rigs to a renewable power boardroom, Scatec’s CDIO Kine Årdal built a career at the intersection of energy ...

The Okoro Field, a core producing asset within AMNI’s portfolio, is undergoing a development programme designed to optimise production performance, enhance reservoir management, sustain base output ...