VALARIS DPS-3 and VALARIS DPS-6 semi-submersible rigs. These rigs may be upcycled for alternative purposes or scrapped entirely.

As President Trump promises to “unleash” oil and gas drilling, Atlas Energy has announced plans to acquire Moser Energy for $220 million. Structured as a stock purchase, Atlas will pay $180 million in ...

Production in the White Rose oil field in offshore Newfoundland and Labrador will resume in the coming days, while an ...

We recently compiled a list of the 12 Best Get Rich Fast Stocks To Buy Now. In this article, we are going to take a look at ...

Two conservation coalitions are asking a federal court to keep protections ordered by former President Joe Biden.

China National Petroleum Corp announced on Thursday that it has completed the drilling of the deepest vertical well in Asia, ...

BEIJING/URUMQI, Feb. 20 (Xinhua) -- China National Petroleum Corporation (CNPC) announced Thursday that it has completed the drilling of the deepest vertical well in Asia, as a borehole reached a ...

“Offshore drilling is a dirty and damaging practice that is a direct threat to our thriving ocean recreation economy,” Chad ...

Green groups on Wednesday launched the first environmental challenges against the new Trump administration, targeting plans ...

Deepwater and shallow-water drillers are eyeing up new opportunities to meet demand in Norway, where oil and gas operators ...

RIG designer Seatrium Offshore Technology, a wholly owned subsidiary of Seatrium, has secured a contract from shipyard ...

In a maintenance capital plan, essentially targeting flat year-over-year production growth, there are opportunities for reducing rig teams and related costs. Alone, this doesn’t produce a moat but ...