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Transocean LTD (NYSE:RIG) Goes Deep With Shallow-Rig Fleet Sale

Many analysts in the oil industry can’t believe nor explain the inevitable rebalancing of the global oil market. According to many, the price curve of the oil market will remain flat up to next year or even the year to follow. Even the IEA and OPEC are conservatively projecting $60 by the end of 2017. […]

Q3 2013 result of Diamond Offshore Drilling Inc (NYSE:DO)

The third quarter reports of Diamond Offshore Drilling Inc (NYSE:DO) were made available on 24th October, 2013. In the report, the company in the last 22 years has only suffered one significant customer credit issue. But, the events handled by the organization have managed to add on 2 clients which would be used for the […]