Noble Corporation plc recently announced new offshore drilling contract awards for nine rigs, adding approximately US$1.30 billion in backlog, highlighted by a three-year, US$473 million ...

The deal, announced in December 2025, increases Borr Drilling's fleet to 29 rigs.

The contracts include a three-year deal for the Noble GreatWhite semi-submersible, boosting the company’s operations in ...

Bermuda-based drilling contractor Seadrill has secured a one-year extension with Norway’s Equinor for a drillship operating ...

By scaling AI enabled camera monitoring across our offshore jackup rigs, reflects our commitment to disciplined ...

It’s back—the federal government’s push to expand offshore oil drilling. As the headline last month in the Long Island newspaper Newsday reported: “Plan for New Oil Drilling Off Fla. and Calif. Coasts ...

Borr Drilling Limited (NYSE and Euronext Growth Oslo: BORR) ("Borr Drilling" or the "Company") today announced that it has completed its previously announced acquisition of five premium jack-up rigs ...

The plan would open up a massive amount of waters to new oil and gas drilling and would be detrimental to marine life.

Seadrill trades below its replacement and intrinsic value. The company boasts a strong balance sheet, significant share buybacks, and a healthy backlog, making it a potential acquisition target.

Dozens of concerned citizens, community advocates and elected officials gathered at Pensacola Beach on Saturday to oppose oil drilling plan.

As 2014 draws to a close, it will be remembered as an absolutely awful year for the offshore drilling industry. As we see in the chart below, the best performing offshore drilling stock is off 44% ...

Typical day-rate contracts run about $1,400–$2,100 per day, while staff base salaries commonly land around $200,000–$250,000 per year, with total cash higher when including offshore uplifts and ...