Transocean (RIG) +1.5% in Monday's trading after announcing a contract award and an extension for two of its drilling rigs, ...

KNOC has started fundraising in South Korea to finance the construction of a drilling floater with rated water depth of more than 5000 feet for targeted delivery in 2016, a source told Upstream. The ...

The drilling contractor is understood to have sounded out the market for a Moss Maritime CS50 design semi-submersible drilling unit capable of operating in the North Sea. Awilco is looking for up to ...

A Honolulu man was convicted by a federal jury Thursday for his role in a more than 10-year-long investment fraud scheme, defrauding investors of over $28 million. Curtiss E. Jackson, 71, held ...

While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards.Main ...

This week Esgian’s Week 50 Rig Analytics Market Roundup notes developments in the semisub sector including that Shell has decided to exercise its option on Stena Don in the North Sea but not on ...