In a significant move, state-run oil producer Oil India Limited (OIL) has finished drilling its first well in the Andaman sea ...

Belfast's Harland and Wolff I (H&W) recently won a $300 million order to build an oil and gas I drillship for Houston-based Global [Marine Inc., with Global holding I an option to build a second ...

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Over a decade on from the Deepwater Horizon oil spill, could we do a better job at cleaning it up today? (Credit: Getty Images) Major oil spills can be catastrophic for seabirds and marine life.

RIG holds a strong position in offshore drilling with high demand and innovative technology, but its high debt and financial losses could affect growth prospects.

STEINHAUSEN, Switzerland, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today announced its plan for key leadership changes pursuant to the company’s multi-year succession ...