provides offshore contract drilling services for oil and gas wells worldwide. According to the complaint, Transocean marked its Discoverer Inspiration and Development Driller III rigs as "idle ...

The number of active rigs drilling for oil and gas in the U.S. rose by 6 to 582, after the count fell by 4 a week earlier to its lowest since December 2021, Baker Hughes said Friday in its latest ...

Energy giant Shell is due to install a multi-billion pound gas platform in the North Sea this spring despite being blocked from drilling, Sky News understands. The Jackdaw field, which it is ...

Otherwise stated, the Company’s expected proceeds from the sale of the Development Driller III and the Discoverer Inspiration, was only approximately half the impairment the Company was required ...

Saturday is launch day for the Gemini Cooperation, the new liner alliance between AP Moller-Maersk and Hapag-Lloyd. The transition period will run until May, during which around 340 of the lines ...

Gas-directed rigs decreased by 1 to 98. A year ago, 117 units were drilling for gas. The number of rigs drilling on land in the US was up 7 rigs to 567. Three of the major oil and gas producing ...

The second of a trio of ultradeep waters dual-drilling monohull vessels, Spirit departed on October 6 for the Gulf of Mexico. The vessel joins Discoverer Enterprise - the first member of the series.

The complaint filed alleges that, between October 31, 2023 and September 2, 2024, Defendants failed to disclose to investors: (1) the Discoverer Inspiration and the Development Driller III were ...

The funding, led by Tamarack Global and Cantos Ventures, will bolster its AI and drilling technology. Overmatch, Alpaca, Sparkwave Capital and existing investors such as Y Combinator and Scrum ...

SAN DIEGO, Jan. 27, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Transocean Ltd. (NYSE: RIG) securities between October 31, 2023 and September 2 ...

Keppel FELS Limited has delivered the jackup rig XLE-2 to Maersk Drilling, a wholly owned subsidiary of A.P. Moller - Maersk A/S, on budget and seven days ahead of schedule. The rig, which will be ...