LONDON (Dow Jones)–United Arab Emirates-based oil rig engineer Lamprell PLC (LAM.LN) expects earnings in the second-half of the year to improve on first-half results as Saudi Arabia drives a resurgence...

PHOTO: This HPTIV can operate in year around weather conditions with an operational water depth range of 4.5 to 50 m – courtesy Wärtsilä With the market for offshore wind...

As their 3rd Quarter conference call seemed to allude to, Transocean has just signed an agreement with PPL Shipyard in Singapore to purchase a Pacific-class high-specification jackup rig, currently under construction....

Transocean’s CEO Steven Newman; Ricardo Rosa, Senior Vice President and Chief Financial Officer; Ihab Toma, Senior Vice President of Marketing and Planning; and Terry Bonno, Vice President of Marketing discussed...