Transocean offers a top-notch fleet at a reasonable price, and it has improved its balance sheet, thus reducing the downside ...

A.P. Moller-Maersk expects strong demand for shipping ... 65.6 mmboe achieved year-to-date.The Adelaide-based company said its drilling program for the Pikka phase one project in Alaska's North ...

Norway's Equinor has awarded Maersk Drilling AS a five-month contract for the Maersk Intrepid rig to provide operational support on the Martin Linge field in the North Sea. Two extension options will ...

COPENHAGEN - A Maersk container ship has been denied entry to the Spanish port of Algeciras, the Danish shipping company said on Nov 9, denying that the vessel is transporting arms to Israel.

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings ...

H&P is still bullish on its own prospects in Saudi Arabia as well. The company has five of its FlexRigs in the country, with ...

Active rigs drilling for oil and gas in the U.S. remained flat for the third consecutive week at 585, Baker Hughes said Friday in its latest report. Drilling rigs targeting crude oil in the U.S. were ...

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Well, U.S. Is Producing More and More By Barani Krishnan - Aug 19, 2023 93 U.S. crude production hits three-year highs for two weeks despite a 15% drop in drilling rigs. Improved production ...

Founded in the late 1940s, the rig originally consisted of just one drilling well and a small house for accommodation. In the ...