News

Some of Donald Trump’s closest political allies are urging him to continue a moratorium on offshore gas and drilling leases ...
From a valuation standpoint, Transocean stock presently seems low-priced when evaluated against its sales or profit ...
Borr Drilling faces challenges with Q1/2025 losses, suspended dividends, and market pressures. Read why I am downgrading BORR ...
The share price of Borr Drilling Limited (NYSE:BORR) surged by 20.99% between June 5 and June 12, 2025, putting it among the ...
The deepest offshore oil well was over 35,000 feet by the Deepwater Horizon, and the Maersk Voyager operated in the deepest waters at 12,000 feet.
The mighty harsh-environment deepwater drilling unit Ocean GreatWhite has arrived in a Norwegian shipyard for upgrades as it ...
The upper reaches of the fixed platforms feature a deck with space for living quarters, the drilling rig itself, and facilities for oil production. Out of the seven major types of offshore oil ...
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 ...
Ever wondered what it’s like to live and work on a massive structure floating in the middle of the ocean? Welcome to the ...
The contract, by ADNOC Offshore, to use advanced jack-up rigs built in Sharjah and equipped with AI and digitalisation capabilities ...
The Department of the Interior is in the public comment period for the "Eleventh National Outer Continental Shelf Oil and Gas ...