Brazilian President Luiz Inacio Lula da Silva said on Thursday the government will seek ​to annul an auction at which ...

By Luciana Magalhaes SAO PAULO, April 2 (Reuters) - Rising petrochemical prices have buoyed the long-term prospects for ...

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ExxonMobil has conducted its maiden oil transshipment offshore Brazil, marking the first time the US supermajor carried out ...

Bermuda-based drilling contractor Transocean has unveiled a new charter agreement in Norway and a pair of contract extensions in Brazil worth approximately $1 billion in incremental firm backlog.

Cross‑Atlantic energy partnerships are materializing into strategic ventures that could reshape offshore development across ...

Transocean (RIG) stock surged 6.5% Thursday after securing approximately $1B in new drilling contracts and retiring $358M in ...

The global surge in fuel prices is exposing how unevenly South America is positioned to absorb the shock, with Argentina’s ...

Brazil is finding protection in a decades-old buffer against shocks that is both cheap and environmentally friendly as global ...

Canadian naval architect firm Robert Allan Ltd. has developed a new design for a series of pushboats that will support ...

Transocean's Deepwater Orion was awarded a 1,095-day contract extension with Petrobras, which is expected to contribute $420 million in incremental backlog and commit the rig through March 2030. Prior ...

Transocean (RIG) up 2.1% in Thursday's trading after unveiling a new charter agreement in Norway and a pair of contract ...