The companies are merging as the outlook for offshore oil drilling improves.

ONGC aims to charter all five rigs on a four-year term, with a likely extension of up to one year, a tenure said to be highly lucrative for the offshore drilling sector ...

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 share price has generally tracked revenue growth in the past, but recent gains are unsupported by revenue growth. Based ...

The share price of Transocean Ltd. (NYSE:RIG) surged by 21.34% between February 6 and February 13, 2026, putting it among the ...

Transocean Ltd. RIG shares are up on Monday as the company is acquiring Valaris in a significant all-stock deal valued at approximately $5.8 billion. Transocean shares are testing new highs. What’s ...

U.S.-based offshore drilling contractor Noble Corporation on Wednesday announced it has completed its acquisition of peer Diamond Offshore Drilling. The merger creates the industry's largest fleet of ...

Q2 profit S$161 million versus S$205 million year ago; O&M division net order book at S$3.4 billion. Singaporean conglomerate Keppel Corp posted a 21 percent drop in its quarterly profit and warned it ...

Senior leadership role accountable for safe, timely Mechanical Completion (MC) to Ready-For-Start-Up (RFSU) and Performance Test (PT) of all rig systems (drilling, marine, power, safety, utilities), ...

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 ...