Vantage Drilling (VTDRF) is a small, Houston-based provider of offshore contract drilling services. The size, composition, and strategic positioning of the fleet are likely to limit bids.

WEST GOSHEN – Chester County drilling rig maker Schramm Inc. has been sold following its June filing for Chapter 11 bankruptcy protection. The newly formed Schramm II Inc. (“Schramm&#82… ...

US-based drilling contractor Noble Corporation has announced the sale of five jack-up rigs in an attempt to secure regulatory approval for its multibillion-dollar merger with Danish peer Maersk ...

The oilfield services company Weatherford has completed the second in a series of four closings to sell its Middle Eastern drilling rig subsidiary.

The all-cash transaction divests a non-core asset and significantly deleverages Maersk Drilling's balance sheet, Maersk Drilling said.

The first vessel in Royal Dutch Shell's Arctic drilling fleet has embarked from Washington state to Alaska ahead of its planned resumption of oil and gas exploration in the remote region this ...

After enduring more than five years of losses, San Antonio drilling rig operator Pioneer Energy Services has filed for Chapter 11 bankruptcy.

Maersk Drilling sold two oil drilling rigs to U.S.-based energy infrastructure company New Fortress Energy Inc (NFE) which it will convert into floating liquefied natural gas (LNG) facilities, the ...

With five active drilling rigs currently operating in Garfield County, the final Northwest Oil and Gas Forum of 2018 included an update from some local operators Thursday. The forum, ...

WEST GOSHEN – Chester County drilling rig maker Schramm Inc. has been sold following its June filing for Chapter 11 bankruptcy protection. The newly formed Schramm II Inc. (“Schramm&#82… ...