Transocean (RIG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in ...

The companies are merging as the outlook for offshore oil drilling improves.

Transocean Ltd. RIG shares are up on Monday as the company is acquiring Valaris in a significant all-stock deal valued at approximately $5.8 billion. Transocean shares are testing new highs. What’s ...

Oilfield services firm Transocean (NYSE:RIG) will acquire offshore rig contractor Valaris (NYSE:VAL) in an all-stock deal valued at ~$5.8B ...

It’s back—the federal government’s push to expand offshore oil drilling. As the headline last month in the Long Island newspaper Newsday reported: “Plan for New Oil Drilling Off Fla. and Calif. Coasts ...

A sweeping proposal by the Trump administration to expand offshore oil and gas drilling could result in more than 4,000 oil ...

Nature lovers, scientists and politicians worry the beloved California coastline, from the Redwoods to Santa Monica, will be endangered by the Trump administration's latest call for expanded offshore ...

Noble Corporation has significantly strengthened its offshore drilling outlook after securing new contract awards for nine rigs, adding approximately $1.3 billion to its contract backlog. The latest ...

Add Yahoo as a preferred source to see more of our stories on Google. FILE PHOTO: The offshore oil rig platform Esther in the fog off the coast of California from Seal Beach, California, U.S., ...

What happened: Sable Offshore Corp. disclosed in a financial filing Tuesday that it received subpoenas from the U.S. Attorney ...

Deep-water oil rig owner Transocean Ltd. agreed to acquire rival Valaris Ltd. in an all-stock deal valued at $5.8 billion as offshore drilling activity heats up. The deal will create the world's ...

Reliance Industries and state-owned Oil and Natural Gas Corporation (ONGC) have entered into a strategic agreement to share ...