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Offshore Drilling Article

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Latest Offshore Drilling News

Hercules Offshore Director Buys Stock

Forbes - A director of Hercules Offshore Inc., an offshore drilling services company, bought 45,000 shares of stock, according to a Securities and Exchange Commission filing Thursday. In a Form 4 filed with the SEC, Steven Webster reported he bought the ...

Oslo shares close down, but Aker Drilling and Deep Ocean surge UPDATE

Forbes - They said it seemed low for the target company and might be a tactical move in order to engineer an exit of Aker Drilling -- after that company's shares on Thursday rose 9.3 pct to 41 nkr on news Aker Capital bought 4.6 mln of the offshore drilling ...

Seadrill moves on Aker Drilling in cash bid valuing it 3.77 bln nkr ...

Forbes - ... said it seemed low for the target company and might be a tactical move in order to engineer an exit of Aker Drilling - after that company's shares on Thursday rose 9.3 pct to 41 nkr on news that Aker Capital bought 4.6 mln of the offshore drilling ...

Where they stand: Republican candidates

Miami Herald - Supports drilling offshore and in the Arctic National Wildlife Refuge. Endorses nuclear, wind and solar power. FRED THOMPSON IRAQ: Maintain U.S. mission in Iraq as central to U.S. war against Islamo-terrorism, greatly expand military. ECONOMY: Support ...

Oslo shares close lower; led down by FAST Search, Norske Skog, oil ...

Forbes - Aker Drilling, however, was a noticable exception to the bearish trend, rising 9.3 pct to 41 nkr after news that Aker Capital bought 4.6 mln of the offshore drilling contractor's shares, raising its holding to 44.94 pct. Elsewhere, seismic explorers ...

Funding floods in

News.com.au - About 84 per cent was targeted at offshore drilling. WA again retained the lion's share with 78 per cent of the national petroleum spend. SA's $52.7 million was ahead of Queensland and the Northern Territory. On the flip side, Australian mineral export ...

Citi to pick 10.47% stake in Jindal Drilling for Rs 1.53 bn

MyIris - Jindal Drilling & Industries (JDIL), drilling arm of Rs 30 billion DP Jindal Group is engaged in the business of offshore oil & gas drilling in India, announced on Friday that the board approved to raise Rs 1,536 million. The aforesaid fund will be ...

Energy Roundup: Oil Gains, Shares Follow

CNBC - Among offshore drilling contractors, Diamond Offshore Drilling Inc. rose $4.10, or 3.3 percent, to $129.85. Earlier in the day, Capital One Southcoast analyst Kelly Chancey lowered his rating on the stock to "Hold" from "Buy" saying the company's ...

Zacks Bull and Bear of the Day Highlights: Pride International, SLM ...

PR Inside - Pride's strong offshore drilling leverage and expanding international operations, supported by long-term contracts, are expected to drive stock price gains going forward. The company's operating focus has significantly increased following the recent ...

Campaign 2006

American Reporter - Bush, the man Florida's liberal Democrats detest more often and more angrily than offshore drilling. "For a Democrat, these are words that are somewhat difficult to say at all right now, but actually the President's idea regarding a guest worker ...

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