A drill ship broke its moorings at a terminal in southwest Scotland on Tuesday night and drifted into a channel before its crew was able to drop anchor and restore...

By Selcan Hacaoglu (Bloomberg) President Recep Tayyip Erdogan said Turkey has found 320 billion cubic meters of natural gas in the biggest ever discovery in the Black Sea, and hopes...

(Reuters) – Turkey drew another rebuke from the European Union on Sunday when it said its Yavuz energy drillship would extend operations in disputed Mediterranean waters off Cyprus until mid-September....

By Rozanna Latiff and A. Ananthalakshmi KUALA LUMPUR, May 12 (Reuters) – An oil exploration vessel contracted by Malaysian state energy company Petronas that was involved in a standoff with...

By Mike Spector and David French April 21 (Reuters) – Offshore oil driller Valaris PLC is preparing to start talks with creditors to see if they can agree on terms for a...

John Fredriksen-controlled Northern Drilling has entered into agreements to acquire two newbuild ultra-deepwater drillships from South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) for the bargain price of just US...

Offshore driller Ocean Rig has announced it has reached a deal with South Korean shipbuilder Samsung Heavy Industries to postpone the delivery of the newbuild drillship Ocean Rig Santorini by...

ATHENS, Feb 21 (Reuters) – Cyprus said on Wednesday it would press ahead with oil and gas exploration, signalling resolve in a standoff with Turkey over access to potential energy...

A drillship worker was killed last week in an accident on the rig floor of a Petrobras-contracted drillship in the U.S. Gulf of Mexico about 172 miles south of Port...

By David Wethe (Bloomberg) — Transocean Ltd. is finally sending Pathfinder to its grave, after two years in a Caribbean purgatory that cost about $15,000 a day. The move by the world’s...

Transocean Ltd. (NYSE:RIG) announced Tuesday that its ultra-deepwater drillship Deepwater Invictus has been awarded a two-year contract with options by a subsidiary of BHP Billiton. Transocean said the backlog associated...

By Matthew Tostevin HANOI, Aug 14 (Reuters) – The drilling ship at the center of a row between Vietnam and China over oil prospecting in disputed waters in the South...

ISTANBUL, July 13 (Reuters) – Turkey has sent two ships and a submarine to monitor a drilling vessel in the eastern Mediterranean Sea, the military said on Thursday, in a...

SAO PAULO, June 9 (Reuters) – Brazil’s state-controlled oil company Petroleo Brasileiro SA on Friday reported an explosion on the NS 32 drill ship, which is operated by Odebrecht Óleo...

Maersk Drilling says it has been awarded a 150-day contract extension by ExxonMobil for the ultra-deepwater drillship Maersk Viking at a significantly lower day rate compared to the original long-term...

Ever wonder what it’s like inside a modern ultra-deepwater drillship. Well, here you go: The video was filmed in the Gulf of Mexico aboard a 2010-built Samsung design 12000 drillship...

London-baed drilling contractor Noble Corporation has agreed with Royal Dutch Shell to amend the long-term charter contracts for three ultra-deepwater drillships citing the challenging environment for offshore exploration and production...

Houston-headquartered offshore drilling contractor Atwood Oceanics announced Tuesday it has reached an agreement with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering to postpone the delivery of two newbuild ultra-deepwater...

Offshore drilling contractor Transocean says it has received a notice for the early termination of the contract for its ultra-deepwater drillship Discoverer India. Transocean announced Monday that its customer Reliance Industries Ltd. (Reliance)...

By David Wethe (Bloomberg) — In a far corner of the Caribbean Sea, one of those idyllic spots touched most days by little more than a fisherman chasing blue marlin,...