Log In

The company said the contract is for one well plus one optional well, and is expected to commence in the second quarter of 2024

Total operating revenues in the quarter were $266 million, a 17 per cent increase over the prior quarter

Operating revenues rose, and the company sees positive prospects for continuing work for its rigs

CEO expects revenues to increase from $348 million in 2022 to about $370 million for 2023

A veteran of the industry has joined the board of Borr Drilling Limited, the Bermudian-based oilfield services company

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...