The oil rig specialist delivered a disappointing first quarter.

Hibiscus Oil & Gas Malaysia Ltd. let a contract to Velesto Drilling Sdn Bhd for a jack-up drilling rig for Hibiscus’ 2026 offshore drilling campaign in Malaysia. The scope of wo ...

Transocean Ltd (NYSE: RIG) provides offshore contract drilling services for the oil and gas industry. They have a fleet of 34 mobile offshore drilling units, which consist of 26 ultra-deepwater ...

2 days Iran Lays Out Sweeping Demands as U.S. Weighs Military Strike Pause 2 days Iran’s Floating Oil Stockpile Jumps 65% as U.S. Naval Blockade Bites ADNOC Drilling has secured a major $806 million ...

Transocean Ltd. (NYSE:RIG) slid after reporting its Q1 2026 results on May 4, with the company’s adjusted loss per share of ...

Key Points Interested in Borr Drilling Limited? Here are five stocks we like better. Borr Drilling posted weaker Q1 results, with revenue of $247 million, a net loss of $29 million and adjusted EBITDA ...

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Offshore rigs in the Gulf of Mexico increased by 4 this week, increasing the total US offshore rig count to 21, officials at Baker Hughes reported Friday. Offshore rigs in the Gulf of Mexico increased ...

Senior leadership role accountable for safe, timely Mechanical Completion (MC) to Ready-For-Start-Up (RFSU) and Performance Test (PT) of all rig systems (drilling, marine, power, safety, utilities), ...

Typical day-rate contracts run about $1,400–$2,100 per day, while staff base salaries commonly land around $200,000–$250,000 per year, with total cash higher when including offshore uplifts and ...