As one of the biggest offshore drillers worldwide, Transocean ($RIG) is navigating an industry downturn and substantial stock ...

In recent years, Chinese-manufactured oil rigs have earned a strong reputation in global markets due to their advanced ...

The Bureau of Safety and Environmental Enforcement, or BSEE, released new rules on Tuesday for U.S. off-shore drillers. This is ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that ...

Transocean on Thursday confirmed new contracts and rig charter extensions with a combined incremental backlog of ...

Namibia’s next wave of offshore oil drilling is set to begin with the arrival of a rig near an existing discovery made by ...

Ultra-deepwater drilling is accelerating globally, with major projects from ExxonMobil, Occidental, and CNPC, driving ...

Patterson-UTI is actively managing capex and is able to turn out ample cash flow even at the current activity levels. Read ...

Taylor Sheridan's new series 'Landman' premieres November 17 on Paramount+. Watch the new season 1 trailer here and get ready ...

Borr Drilling (NYSE:BORR) -6.1% pre-market Monday after disclosing it expects to report Q3 total revenues of ~$242M, below ...

Vice President Kamala Harris would not support an expansion of fossil fuel drilling despite her recent campaign boasts about domestic oil production under the Biden administration. "Just to be ...