Oilfield services firm Transocean (NYSE:RIG) will acquire offshore rig contractor Valaris (NYSE:VAL) in an all-stock deal valued at ~$5.8B ...

This week's offshore rig review looks at the combined Transocean-GlobalSantaFe fleet in comparison with other drilling contractor's fleets. With the recent announcement of the proposed merger of ...

The Vernier, Switzerland-based American offshore driller, Transocean Ltd. RIG, recently declared that it obtained $87.2 million worth of offshore contracts. Transocean came out with its quarterly ...

The boat was slicing through choppy waves many miles out to sea when the cry went out and fingers pointed the captain toward a patch of blue water, boiling with gray froth. It was a pogie ball, a ...

The offshore rig market is experiencing a period of rapid growth, driven by notable advancements in Guyana, Brazil, and the Middle East, infill drilling activities in West Africa, and renewed ...

There's no denying just what a time commitment working on an oil rig can be, nor how isolated one might feel while doing so. The latter in particular comes with the territory at times: The Perdido oil ...