The second of Türkiye's newly acquired ultra-deepwater drilling ships is scheduled to arrive in the southern port city of ...

BEIJING (Reuters) - China will on Friday conduct sea trials for its first ocean research drilling vessel, capable of drilling at depths of more than 10,000 metres (32,800 feet), a key step towards ...

Cyprus-based Ocean Rig UDW Inc said on Monday that it signed a $1.1 billion three-year contract with Brazil's state-run oil company, Petroleo Brasileiro SA, to extend a lease on two ultra-deepwater ...

Transocean Ltd. RIG has officially commenced operations for British energy major BP p.l.c. BP in the Gulf of America (formerly the U.S. Gulf of Mexico). This milestone marks the beginning of a ...

RIO DE JANEIRO, Oct 20 (Reuters) - Cyprus-based Ocean Rig UDW Inc said on Monday that it signed a $1.1 billion three-year contract with Brazil's state-run oil company, Petroleo Brasileiro SA, to ...

Massive undervaluation: Trades at a 66–75% discount to $15–19B fleet replacement value. Rising cash flows: Tight offshore drilling supply and surging day rates could drive up to $2.1B in annual FCF - ...

Transocean Ltd. (NYSE:RIG) is one of the 7 best oil and gas penny stocks to buy according to analysts, supported by hedge fund interest and strong upside potential. On October 1, 2025, to strengthen ...

India's Vedanta-owned Cairn Oil & Gas has teamed up with Norway’s Electromagnetic Geoservices (EMGS) for a key survey at its flagship deepwater asset in the country’s gas-rich Krishna Godavari basin.

DryShips has exercised its option to acquire two advanced capability drillships for use in ultra deepwater drilling locations. The drillships are to be constructed by Samsung Heavy Industries.

Astro Offshore, an Adani Group Company, announced the addition of Astro Achernar, its 50th vessel, marking a defining moment in the company’s journey of rapid expansion and continued success.The ...