Transocean has agreed to acquire Valaris (NYSE:VAL) in an all stock deal, combining two major offshore drilling contractors into a single enlarged group. The transaction will create what is described ...

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Transocean Ltd. RIG has announced new contracts for its ultra-deepwater drillship and harsh-environment semisubmersible rigs, collectively adding about $89 million to its firm contract backlog. The ...

The shares of Transocean Ltd. (NYSE: RIG), one of the largest offshore drilling contractors globally, have faced significant pressure. Recently, the stock dropped to approximately $3.16, which is down ...

Offshore drilling contractor Transocean has agreed to acquire Valaris in an all-stock transaction valued at about $5.8 billion, creating one of the world’s largest offshore drilling contractors with a ...

ONGC aims to charter all five rigs on a four-year term, with a likely extension of up to one year, a tenure said to be highly lucrative for the offshore drilling sector ...

The Zacks Oil and Gas - Drilling industry consists of companies that provide rigs (or specialized vehicles) on a contractual basis to explore and develop oil and natural gas. These operators offer ...