Transocean (RIG) received a contract from Australia's Quadrant for drilling in offshore Western Australia.
Supermajor Royal Dutch Shell (RDS.A) as well as producers Halcon Resources (HK) and Abraxas Petroleum (AXAS) announced separate deals to offload major chunk of non-core holdings.
The count of U.S rigs exploring for oil touches record level. This signifies a steady growth for last two weeks following a rare fall during the week ended Jun 30, 2017.
Quadrant Energy Ltd., Perth, has executed a contract with Transocean Ltd. for use of the GSF Development Driller-1 semisubmersible drilling rig for the planned Phoenix South-3 well in the Bedout basin offshore Western Australia.
You should never ask a flight attendant, "Are we there yet?" Especially not if you're on one of the world's longest flights. We'd avoid these crazy flights!
Oil and natural gas both registered weekly losses.
Let's see if Transocean Ltd. (RIG) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
Statoil ASA's (STO) three-well exploration drilling campaign is set for initiation on the U.K. continental shelf.
Baker Hughes reported a fall in the U.S. rig count or the first time in 24 weeks, raising speculation about a slowdown in rampant shale drilling.
After falling 45% in 2017, now Transocean LTD (NYSE:RIG) stock is trying to base for a rebound. The Donald Trump rally that started in November 2016 is long gone and then some. On the way up, RIG stock looked like a rocket ship with acceleration that allowed for very few entry points.
It was a week where oil prices dropped to the lowest close since May 10, while a bearish build created selling pressure on natural gas futures.
Transocean (RIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
A glut in rig supply amid the oil shock is set to drive a historic wave of consolidation among offshore drillers.
It was a week where oil prices tumbled after the much-anticipated OPEC meeting underwhelmed investors, while a bearish build created selling pressure on natural gas futures.
SeaDrill Ltd. (SDRL) is set to release first-quarter 2017 results before the opening bell on May 24.