The anticipated upcycle in deepwater drilling has been deferred to 2026 or later due to factors like FPSO lead times, regulatory approvals, and capital discipline.

The Endeavour is owned by Kenai Offshore Ventures, LLC (Kenai Offshore), which is a joint venture between Buccaneer, Singapore-based Ezion Holdings Limited and the Alaska Industrial Development and ...

Transocean's high-spec fleet and long-term contracts position it to outperform peers despite cyclical downturn in offshore ...

Offshore driller Constellation Oil Services Holding SA is planning to list shares in Oslo after reducing debt and increasing revenue from contracts with Brazilian oil explorer Petrobras.

Tenaris aims to optimize its supply chain through the expansion of Rig Direct, a just-in-time inventory-management program that maximizes production efficiency through improved demand planning.

You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected]. Lead plaintiff motions for the Transocean class action ...

Valaris Limited VAL, an offshore drilling services provider, has announced that it will permanently retire three semi-submersible rigs as part of its efforts to streamline its drilling fleet.

The law authorizes the president to withdraw offshore areas from oil and gas leasing, as eight administrations, including the first Trump administration, have routinely done. However, the law does not ...

The drilling of China's first ultra-deep scientific exploration well, Shenditake 1, has been completed at a depth of 10,910 ...

It is 70 years since Seatrium designed and built the world's first independent leg jack-up drilling rig, and it has designed ...

Offshore drilling contractor Shelf Drilling has secured a one-year extension with Chevron for its Shelf Drilling Scepter jack ...