On April 6, Transocean added $1 billion to its backlog through new offshore drilling contracts. The contracts are located in geographical regions including Norway and Brazil. These contracts strengthen the company's long-term visibility in the ultra-deepwater drilling sector.
Halliburton has entered into a Strategic Collaboration Agreement with PETRONAS Suriname and Valaris to support offshore asset development in Suriname. The partnership aims to involve Halliburton and Valaris early in the development lifecycle to ensure operational readiness and project alignment. The agreement spans…
Read the full storyHess Midstream is confronting significant growth obstacles as its core operations in the Bakken region face rising costs and stagnant output. Recent reports indicate that production is expected to remain flat at approximately 200,000 barrels of oil equivalent per day (BOED). Furthermore, the company has reduced its…
Transocean (RIG) has successfully added approximately $1 billion to its total contract backlog through new offshore drilling agreements. The newly secured contracts are strategically located in key geographical regions, specifically Norway and Brazil, strengthening the company's global footprint. This significant…