It might not be a great time to start offshore drilling, with oil prices as depressed as they are, but it might just be a great time to buy an offshore drilling rig for a cut-rate price—in fact, you ...

Offshore drilling giant Transocean Ltd. RIG recently signed an agreement to sell 15 jack-up drilling rigs to the Norwegian offshore drilling contractor Borr Drilling. The transaction will involve the ...

CNW/ - STAMPEDE DRILLING INC. (TSXV: SDI) ("Stampede" or the "Corporation") is pleased to announce that it has successfully completed the sale of ...

Stampede Drilling Inc. has completed the sale of certain drilling components from its A/C triple drilling rig to a private company for approximately $5.29 million. This transaction, which recaptures ...

(Alliance News) - Range Resources Ltd on Wednesday announced the sale of four drilling rigs and related equipment for USD3.6 million in cash to Wilson Energy Services Inc in a bid to cut costs and ...

US drilling giant Noble has sold five jack-up rigs required for the merger with Danish counterpart Maersk Drilling, which was completed this week. The jack-ups Noble Hans Deul, Noble Sam Hartley, ...

BAAR, Switzerland: Weatherford International plc (NYSE: WFT) (the "Company" or "Weatherford") today announced it has completed the sale of two land drilling rigs that were relocated in Algeria and has ...

HOUSTON, May 31, 2022 (GLOBE NEWSWIRE) -- Vantage Drilling International (“Vantage”), announces today that on May 27, 2022, its directly-held subsidiary, Vantage Holdings International (“VHI”), ...

The company has also made significant strategic moves, including the sale of three jack-up rigs and a 50% stake in the Gulfdrill joint venture to Gulf Drilling International (GDI) for $338 million.

Maersk Drilling sold two oil drilling rigs to U.S.-based energy infrastructure company New Fortress Energy Inc (NFE) which it will convert into floating liquefied natural gas (LNG) facilities, the ...