Transocean is selling 38 of its older shallow water drilling rigs for about $1.05 billion as it looks to expand its fleet into the ultra deep-water market.

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The ultra deep water rig provider delivered positive earnings surprises in two out of the last three quarters with an average beat of 45.6%. Ocean Rig has witnessed an upward revision in earnings ...

HONOLULU, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) today reported the sale of drilling rig by its wholly-owned Water Resources International, Inc ...

The semi-submersible deep-water drilling rig SS Pantanal has been sold for scrap at a rig auction in China as rising steel prices proved more of a draw getting a long-idle unit back to work.

The GM4-D-design Atlantic, built to Norsok standards, is a winterised unit capable of year-round operations and able to drill to depths of 8000 metres in water depths of up to 1200 metres.