27.04.2011
- Shareholders of offshore drilling contractors Ensco and Pride International will vote on May 31 on the proposed acquisition of Pride by Ensco for more than $7 billion. The deal...
20.01.2011
- Noble Corp said Hyundai Heavy Industries will build two ultra-deepwater drillships for the world's second largest offshore drilling contractor by fleet size for about $1.21 billion...
01.07.2010
- The U.S. has suddenly become a much riskier place for oil drillers to operate, a consequence of the Gulf of Mexico oil spill that could spark a deal making binge. The offshore oil...
02.06.2010
- A market mauling of oil and gas drilling-exposed stocks due to the Gulf of Mexico's persistent leak and resulting deepwater drilling moratorium has left only a few safe bets to...