Transocean Ltd. RIG has officially commenced operations for British energy major BP p.l.c. BP in the Gulf of America (formerly the U.S. Gulf of Mexico). This milestone marks the beginning of a ...

Transocean Ltd. RIG, a global leader in offshore drilling services, has announced the signing of a major contract for its Deepwater Skyros drillship in Australia. This six-well contract, awarded by an ...

Modern offshore oil rigs are engineering wonders designed to accommodate massive crews and operate in some of the most hostile environments on Earth. As the demand for oil drives exploration into ...

Transocean Ltd. (NYSE:RIG) is one of the 7 best oil and gas penny stocks to buy according to analysts, supported by hedge fund interest and strong upside potential. On October 1, 2025, to strengthen ...

Saipem has exercised a purchase option for the seventh-generation ultra-deepwater drillship Santorini which is currently operating with the Italian giant on a long-term charter deal. Saipem on Monday ...

I’ve already asked whether President Obama’s deepwater drilling moratorium is a smart policy, given the fact that it won’t do much unless we attack oil demand at the source. But I still thought that a ...

Brazilian state-controlled oil company Petrobras has received commercial proposals in a tender for the charter of up to two deep-water drilling rigs to carry out operations in the Campos and Santos ...

Offshore drilling contractor Transocean (NYSE:RIG) reported Q1 CY2026 results , with sales up 19.3% year on year to $1.08 billion. Its non-GAAP loss of $0.03 per share was significantly below analysts ...

Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. The Deepwater Horizon oil rig burns on April 21 ...