The rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 241 rigs active in the region. A year ago, 303 rigs were active in the region. Nationally ...

The total number of active drilling rigs for oil and gas in the United States rose by 5 this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US ...

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3 days OPEC+ Approves Modest Output Hike as Iran War Jolts Oil Markets 4 days OPEC+ Weighs Shock Output Surge as Iran Conflict Rattles Oil Markets The transaction implies a combined enterprise value ...

The Singapore-based owner of a fleet of modern offshore drilling rigs is patiently waiting for the market to improve before it monetises its fleet. Keppel owns 13 drilling rigs — a mix of shallow and ...

Under the terms of the deal, Valaris shareholders will receive 15.235 shares of Transocean stock for each share they hold, reflecting a combined enterprise value of around $17 billion based on the ...

Transocean RIG2.52%increase; green up pointing triangle agreed to acquire fellow offshore drilling services company Valaris VAL 3.52%increase; green up pointing triangle in an all-stock deal worth ...

Bermuda-based drilling contractor Transocean has announced it is acquiring rival Valaris in an all-stock transaction valued at about $5.8 billion. The acquisition, if completed, will further ...

Feb 9 (Reuters) - Oilfield services firm Transocean said on Monday it would acquire peer Valaris (VAL.N), opens new tab in an all-stock deal valued at $5.8 billion, expanding its exposure across ...

My 5-year-old nephew was very sick recently. He had some sort of lung infection that he struggled to overcome for weeks. I spoke with him on the phone several times during that period. And he made me ...