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Transocean (RIG) has a strong liquidity buffer and an order backlog of $6.5 billion. This provides clear revenue visibility. Borr Drilling (BORR) has a robust EBITDA guidance for 2022 and the ...
Drilling down into the offshore drilling segment of the oil and gas industry. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...
With the supply side showing signs of stabilization, the demand side of the market is needed to play a pivotal role in pushing crude prices above $50 per barrel from the current level of around $40.
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Fundamentally, the Zacks Oil and Gas - Drilling industry is in good shape this year as contract activity is on the upside. The sharp increase in oil and gas prices has created a healthy landscape ...
Offshore drilling began in California in 1896, when operators in the Summerland Oil Field in Santa Barbara County followed the field into the ocean by drilling from piers built out over the ocean. Leasing California state seabed is controlled by the State Lands Commission, which halted further leasing of state offshore tracts after the Santa ...
It appears that the offshore drilling industry is finally set to rebound from one of the worst slumps that it has ever been through. 5 Reasons Offshore Drilling Stocks are Poised for a Rebound ...
While Biden views his offshore drilling ban as a way to hasten the United States’ “transitio[n] to a clean energy economy,” his successor wants to maximize U.S. oil and gas production to ...