The Trump administration has proposed opening all of the California coastline to offshore drilling and some state leaders are ...

None of the Golden State's nine GOP lawmakers have spoken against new drilling, even as their Florida colleagues push back ...

State officials and environmental groups urge Californians to submit comments by Jan. 23, citing $51 billion ocean economy at stake.

While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards.Main ...

Transocean Ltd. reported it has secured a new contract in Brazil and an extension in Norway for two of its offshore drilling rigs, adding approximately $168 million in firm backlog. The Deepwater ...

A person fishes with the offshore oil and gas platform Esther in the distance on Jan. 5 in Seal Beach, Calif. (Mario Tama/Getty Images) As part of a last-minute effort to safeguard his environmental ...

Italian energy giant Eni has extended its use of a premium shallow-water jack-up drilling rig in Mexico and has remaining ...

Seadrill trades below its replacement and intrinsic value. The company boasts a strong balance sheet, significant share buybacks, and a healthy backlog, making it a potential acquisition target.

As 2014 draws to a close, it will be remembered as an absolutely awful year for the offshore drilling industry. As we see in the chart below, the best performing offshore drilling stock is off 44% ...