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The Zacks Oil and Gas - Drilling industry faces a mixed outlook, with domestic challenges and international opportunities shaping its future. U.S. rig counts have declined by 18% over the past year, ...

Petrobras has let contracts to Seadrill Ltd. for two drilling rigs for work offshore Brazil.

Sale of the West Prospero marks Seadrill’s exit from the shallow-water jack-up market, as it continues to consolidate its ...

Fierce Santa Ana winds lashed San Diego County’s parched landscape Tuesday, toppling big rigs on Interstate 8 east of Alpine, ...

Shares of Transocean Ltd. (NYSE:RIG – Get Free Report) rose 3.3% during trading on Tuesday . The stock traded as high as $3.79 and last traded at $3.78. Approximately 6,645,973 shares changed hands ...

Pre-market: 5:50:20 am GMT-5 ...

Petrobras has chosen SLB to handle integrated services at its offshore fields in Brazil, SLB said on Dec. 11. The energy technology company will oversee the construction of more than 100 deepwater ...