Log In

Bermudian-based Nabors Industries has made a ninth energy transition investment

Borr Drilling has updated its guidance for 2022 and 2023

Ana Zambelli has joined the board of Seadrill Limited

Valaris Limited, the Bermudian-based offshore drilling company, has been awarded new contracts and contract extensions with expected associated contract backlog to the company of approximately $275 million. The contract backlog excludes lump sum paym...

Leading offshore drilling contractor, Seadrill Limited, will continue to be Bermuda domiciled after its impending take over of its former subsidiary, Aquadrill, the company has said. The deal is expected to substantially improve Seadrill’s cashflow g...

A Bermuda energy technology company has won a major award for demonstrating a remarkable initiative to develop and employ new, cutting edge applications in its dramatic turn to energy transition. Bermudian-registered Nabors Industries Ltd, the provid...

Borr Drilling Limited, the Bermudian-based oilfield services company, has reported a net loss of $54.9 million in the third quarter of the year, a decrease in loss of $110.4 million compared with the second quarter of 2022. Announcing preliminary una...

Valaris Limited, the Bermudian-based offshore drilling services company, has appointed Catherine J Hughes to its board of directors. Ms Hughes will also serve on the board’s environmental, social and governance committee. She has served as a non-exec...

Nabors Industries Ltd, the Bermudian-based energy driller, has reported that its third-quarter operating revenues jumped by 10 per cent and the company cut its quarterly loss to $14 million in the period. Nabors said operating revenues were $694 mil...

A half-century-old Bermuda insurer, set up in the 1970s to finance the risks of the world’s oil companies, today faces criticism from climate activists for its backing of the most controversial new oilfields in the North Sea. But the company has told...

Matt Lyne has commenced his role as senior vice-president and chief commercial officer at Valaris Limited, the Bermudian-based offshore drilling services company. Mr Lyne, who was appointed in May, previously served as chief commercial and strategy o...

Seadrill Limited, the Bermudian-based offshore drilling company, has reported an operating profit of $25 million for the second quarter of the year. The company had total operating revenues of $284 million, and adjusted Ebitda of $75 million, represe...