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Denmark's Maersk to spin off drilling, hand Total shares to investors

Danish shipping company A.P. Moller-Maersk said on Friday it would spin off its offshore drilling operation and list it in Copenhagen next year as it focuses entirely on transport and logistics.
Reuters India

Is Deepwater Drilling More Profitable Than Shale?

Just as the U.S. shale patch is starting to look a little crowded, deepwater drilling could see a comeback. Royal Dutch Shell says that offshore drilling is now more competitive than onshore shale..
OilPrice.com

Videos for "Offshore Drilling"

Maersk to spin off drilling, hand Total shares to investors [Video]Maersk to spin off drilling, hand Total shares to investors

Container and shipping giant Moller-Maersk says it's to spin off its offshore drilling operation and list it in Copenhagen next year as it focuses entirely on transport and logistics. As David Pollard..

Rumble -

Dozens Of Manatee Deaths In Mexico Spur Questions [Video]Dozens Of Manatee Deaths In Mexico Spur Questions

Researchers are struggling to explain the deaths of dozens of manatees in the swampy wetlands of southern Mexico. Since May, fishermen have discovered at least 28 dead West Indian manatees, also known..

Wochit -

At Least 28 Manatees Have Mysteriously Died Near Mexico [Video]At Least 28 Manatees Have Mysteriously Died Near Mexico

Researchers are struggling to explain the deaths of dozens of manatees in the wetlands of southern Mexico. At least 28 dead West Indian manatees have been discovered along the Bitzal River and nearby..

Wochit -

 

RigNet Inc's Revenue Jumps as Its Growth Plan Starts Paying Dividends

The provider of remote communications solutions should see further gains from the coming recovery in the offshore drilling market.
Motley Fool

Diamond Offshore Drilling Is Headed to the Blockchain

No, it won't use offshore drilling rigs to mine cryptocurrencies.
Motley Fool

Energy company Transocean reports its second-quarter results as competition heats up

Transocean Ltd (NYSE:RIG) announced its second-quarter results, reporting an earnings loss narrower than the previous year’s second quarter as competition in the offshore drilling market heats up...
Proactive Investors

Diamond Offshore Drilling, Inc. (DO) Q2 2018 Earnings Conference Call Transcript

DO earnings call for the period ending June 30, 2018.
Motley Fool Also reported by •SeekingAlpha

The Long-Awaited Offshore Drilling Recovery Should Be Coming Soon

The optimism of better days ahead was a recurring theme of management teams across the industry in the second quarter.
Motley Fool

Oceaneering +6% after Gabelli ups to Buy on improving offshore drilling view


SeekingAlpha

Diamond Offshore Drilling beats by $0.05, misses on revenue


SeekingAlpha

Wintermar Offshore Marine reports positive 1H2018 Results

JAKARTA, Jul 30, 2018 - (ACN Newswire) - Wintermar Offshore Marine (WINS:JK) has reported 1H2018 gross profit of US$4.8 million, compared to a loss of US$1 million for 1H2017, driven by a 34% jump in..
ACN Newswire

Wyden, Merkley Oppose Trump Administration’s Rollback Of Environmental Protections For Offshore Oil And Gas Drilling

U.S. Sens. Ron Wyden and Jeff Merkley joined their Senate colleagues in opposing the Trump administration’s proposed rollback of environmental regulations that enhance the safety of offshore drilling..
Eurasia Review

House lawmakers launch effort to block offshore drilling

A number of House lawmakers have proposed bipartisan amendments to the annual appropriations bill for the Interior Department -More- 
SmartBrief

Brazil files charges against former executive of U.S company

SAO PAULO (AP) — Brazilian prosecutors have filed corruption and money laundering charges against Paul Bragg, the former chief executive officer of Houston-based offshore drilling contractor Vantage..
New Zealand Herald Also reported by •Seattle Times

In Senate race, Florida governor in balancing act with Trump

TALLAHASSEE, Fla. (AP) — Asked this month whether President Donald Trump is doing a good job, Florida Gov. Rick Scott said he was happy with his friend’s decisions on offshore drilling and..
Seattle Times

Scott Kornblau promoted to CFO at Diamond Offshore Drilling

 -More- 
SmartBrief

Diamond Offshore Drilling (DO) Climbed To A New High For The Year

Diamond Offshore Drilling (DO) climbed for the bulk of the morning Wednesday, but settled into a range in the afternoon. The stock closed up by 2.06 at $21.22 on above average volume.
RTTNews

Transocean Announces Pricing of U.S. $750 Million of Secured Notes Due 2024

STEINHAUSEN, Switzerland, June 27, 2018 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that Transocean Guardian Limited (“Transocean Guardian”), a wholly owned indirect subsidiary..
GlobeNewswire

Here's Why Offshore Drilling Stocks Are Up Big Today

Higher prices don't really help offshore drillers right now. But concerns about global supplies could be a boon in coming years.
Motley Fool

Transocean Closes on $1 Billion Five-Year Secured Revolving Credit Facility

STEINHAUSEN, Switzerland, June 27, 2018 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that Transocean Inc. closed a $1 billion, five-year, senior secured revolving credit facility..
GlobeNewswire

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