Sembcorp Marine Ltd. Friday said it has signed a deal worth over $1.3 billion with Borr Drilling Ltd. to sell nine jack-up oil drilling rigs. The nine vessels will be delivered to Borr Drilling over ...

CNW/ - STAMPEDE DRILLING INC. (TSXV: SDI) ("Stampede" or the "Corporation") is pleased to announce that it has successfully completed the sale of ...

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 ...

Precision Drilling CorporationPDS has announced the sale of five drilling rigs and ancillary equipment based in Mexico. The cumulative value of these transactions is $48 million. Till date, the ...

Singapore yard Keppel Corporation is considering a sale of jack-up rigs to Norwegian offshore drilling contractor Borr Drilling, reports The Business Times. The world’s biggest builder of oil rigs is ...

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 ...

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) has announced that it has closed on the previously disclosed transaction to sell 38 shallow water drilling rigs to Shelf Drilling Holdings, Ltd. ("Shelf ...

Subscribe to BizTimes Daily – Local news about the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin. Milwaukee-based Joy Global Inc. announced that it has the ...

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 ...

RIO DE JANEIRO, May 17 (Reuters) - Maersk Drilling sold two oil drilling rigs to U.S.-based energy infrastructure company New Fortress Energy Inc (NFE.O), opens new tab (NFE) which it will convert ...