On May 28, JP Morgan analyst Arun Jayaram upped Noble Corporation plc (NYSE:NE)’s stock from “Neutral” to an “Overweight” rating and set a price target of $30.00. A close-up of a ...

They started in shallow waters near the coast by building piers out into the sea that could hold a drilling rig. Companies soon moved farther away by constructing drilling platforms in the water.

Sun sets behind the Prospector 1 oil-drilling rig now moored at Sheerness Docks on the Isle of Sheppey. Picture: Barry Hollis This shot was captured by former KM Group picture editor Barry Hollis ...

A close-up of a drilling rig with its silhouette against a sunset sky. The analyst highlighted a shift in preference towards offshore projects compared to North American markets. Despite the ...