9 February 2026, 6:46 pm
Transocean RIG shares soared 5.9% in the last trading session to close at $5.71. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the ...... Read More »
9 February 2026, 7:41 am
Oilfield services firm Transocean (NYSE:RIG) will acquire offshore rig contractor Valaris (NYSE:VAL) in an all-stock deal valued at ~$5.8B ...... Read More »
9 February 2026, 3:06 am
The companies are merging as the outlook for offshore oil drilling improves.... Read More »
2 February 2026, 9:04 am
The plan would open up a massive amount of waters to new oil and gas drilling and would be detrimental to marine life.... Read More »
25 January 2026, 6:54 pm
Noble Corporation has significantly strengthened its offshore drilling outlook after securing new contract awards for nine rigs, adding approximately $1.3 billion to its contract backlog. The latest ...... Read More »
10 December 2025, 11:00 am
It’s back—the federal government’s push to expand offshore oil drilling. As the headline last month in the Long Island newspaper Newsday reported: “Plan for New Oil Drilling Off Fla. and Calif. Coasts ...... Read More »
23 November 2025, 9:11 pm
Nature lovers, scientists and politicians worry the beloved California coastline, from the Redwoods to Santa Monica, will be endangered by the Trump administration's latest call for expanded offshore ...... Read More »
20 November 2025, 10:14 am
The Trump administration announced on Thursday new oil drilling off the California and Florida coasts for the first time in decades, advancing a project that critics say could harm coastal communities ...... Read More »
23 October 2025, 1:00 pm
Add Yahoo as a preferred source to see more of our stories on Google. An offshore oil platform with Santa Cruz Island in the background is seen in the Santa Barbara Channel. President Donald Trump ...... Read More »
11 October 2025, 11:29 pm
The market isn’t pricing in the structural scarcity of premium offshore assets. The company boasts a $7.2B backlog, with increasing bidder interest supporting long-term revenue visibility. While bears ...... Read More »
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