By Christopher C. Williams, Barron’s Oil and gas producers are scoring major finds farther offshore than ever before. That, and rising energy prices, are good news for companies like Ensco,...

Ensco Now World’s Second Largest Offshore Driller LONDON–(BUSINESS WIRE)– Ensco plc (NYSE: ESV) announced the completion of its acquisition of Pride International, Inc. (NYSE: PDE) after both companies received overwhelming...

Pride International, Inc. said today that it has reached and agreement with Samsung Heavy Industries, Ltd. to extend Pride’s option for the construction of a sixth ultra-deepwater drillship by 30...

HOUSTON-(Dow Jones)- London drilling company Ensco PLC (ESV) is buying rival Pride International Inc. (PDE) rather than ordering its own new drilling rigs in order to gain access to the...

Shares of offshore drillers Atwood Oceanics Inc. (ATW) and Rowan Cos Inc. (RDC), among others, jumped as Ensco PLC’s (ESV) $7.3 billion deal for Pride International Inc. (PDE) lifted the...

LONDON & HOUSTON–(BUSINESS WIRE)– Ensco plc (NYSE: ESV) and Pride International, Inc. (NYSE: PDE) jointly announced today that they have entered into a definitive merger agreement under which Ensco will...

HOUSTON, TX, Jan 25, 2011 (MARKETWIRE via COMTEX) — Pride International, Inc. (NYSE: PDE) today announced that the company has dedicated and accepted delivery of the Deep Ocean Mendocino, the...

HOUSTON, TX, Dec 14, 2010 (MARKETWIRE via COMTEX) — Pride International, Inc. (NYSE: PDE) today announced that the company has reached agreement with Samsung Heavy Industries, Ltd. (SHI) for the...

Seadrill Ltd. announced today that they have awarded the Korean shipbuilder Samsung Heavy Industries a $1.08B contract to build four new dual-activity drillships.  This is the first new drillship order...