Transocean said in its Q2 fleet status report that it secured two extensions and two new contracts for four of its rigs, ...

The number of total oil and gas drilling rigs in the US fell by 2 to 537, the lowest total since October 2021 and posting its 11th consecutive weekly decline, Baker Hughes reported.

One would think that the offshore industry would be cratering with oil prices for a barrel having fallen from the $70s into ...