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 ...

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.

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”), ...

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 ...