RIG holds a strong position in offshore drilling with high demand and innovative technology, but its high debt and financial losses could affect growth prospects.

This week marks the anniversary of the Exxon Valdez spill, which shocked the US public with images of oil-covered Alaskan ...

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China is making rapid strides in catching up with developed nations in offshore drilling, driven by a push toward scientific ...

The rig is part of a $300 million contract covering deepwater exploration offshore Brazil, where it will operate in water ...

Oilfield Equipment Rental Services Market Rising drilling activities & cost-efficiency drive demand for rental solutions.

In a scene from Deepwater Horizon — a film based on the 2010 offshore oil spill in the Gulf of Mexico — the daughter of a technician demonstrates the workings of deepwater oil rigs by jamming ...

The company is one of the world’s largest providers of offshore contract drilling services for oil and ... Ltd. (NYSE:RIG) ...

On the eighth anniversary of the Deepwater Horizon rig explosion that set off the worst oil spill in U.S. history, thousands ...

The upcoming CEO transition and low oil prices ... per day for RIG’s 7 Gen plus assets and over $600,000 per day for its 8 Gen assets. According to Rystad Energy, Deepwater CapEx sanctioning ...

Sequoia Financial Advisors LLC bought a new stake in Transocean Ltd. (NYSE:RIG – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and ...

Oil giant BP has agreed to pay $20bn to settle claims with the US stemming from the company's Deepwater Horizon oil spill. An explosion on BP's deep-water drill, off the coast of Louisiana in 2010 ...