CNOOC Limited has made a major exploration breakthrough in an ultra-shallow gas play in the ultra-deepwater South China Sea. The discovered Lingshui 36-1 gas field in the western South China Sea lies ...

According to the new EPFL study, the rock capping the supercritical zone acts in a similar way. Though it's ductile, it can be fractured so that water can flow through it. Meaning that with some ...

Vayda provided third quarter guidance: "For the third quarter, we expect contract drilling revenues to be between $1 billion and $1.02 billion based upon an average fleet-wide revenue efficiency of 96 ...

'It is the first large-size ultra-shallow gas field in ultra-deep water in the world, which opens up a new area of exploration in deep waters'. Image by Rainer Puster via iStock CNOOC Ltd. said ...

Transocean has announced new contract fixtures, totalling around $89m (SFr71.16m) in firm contract backlog, for an ultra-deep-water drill-ship and two semi-submersible rigs to support drilling works ...

STEINHAUSEN, Switzerland, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (RIG) (“Transocean”) today announced contract fixtures for two of its ultra-deepwater drillships. In aggregate, the fixtures ...

OGX can operate in water more than 400 meters deep Most major Brazil finds in deep, ultra-deep water OGX, others still blocked from operating in key area RIO DE JANEIRO, Oct 24 (Reuters) - Brazil's ...