International Business Valaris swings to profit as merger looms $5.8 billion deal with Transocean to close before the end of the year $5.8 billion deal with Transocean to close before the end of the year Aug 05, 2026 7:59 PM
International Business Vantage shareholders approve $250m merger Drilling company to become a wholly owned subsidiary of Eldorado Drilling company to become a wholly owned subsidiary of Eldorado Jun 18, 2026 1:53 PM
International Business Seadrill seeks to raise $600m in debt offering The offshore drilling contractor will use proceeds to pay off notes due in 2030 The offshore drilling contractor will use proceeds to pay off notes due in 2030 Jun 15, 2026 11:44 AM
International Business Vantage shareholders to vote on $258m takeover Offshore drilling company makes merger agreement with Norwegian-based Eldorado Offshore drilling company makes merger agreement with Norwegian-based Eldorado Jun 04, 2026 6:55 AM
International Business Oil company completes move from Canada to Bermuda ShaMaran completes move ahead of Oslo listing ShaMaran completes move ahead of Oslo listing Jun 01, 2026 7:54 AM
International Business Tanker company earnings booming Middle East tensions drive shipping demand for Bermuda's Nordic American Middle East tensions drive shipping demand for Bermuda's Nordic American May 28, 2026 4:10 PM
International Business Vantage Drilling swings to profit Turnaround for Bermudian-based offshore drilling contractor Turnaround for Bermudian-based offshore drilling contractor May 26, 2026 3:06 PM
International Business Valaris posts $18m net loss Bermudian-domiciled drilling company saw higher costs related to Middle East conflict Bermudian-domiciled drilling company saw higher costs related to Middle East conflict May 04, 2026 6:46 PM
International Business Nabors expands but posts $15m loss Global footprint a buffer against regional volatility, says Bermudian-based drilling company Global footprint a buffer against regional volatility, says Bermudian-based drilling company Apr 28, 2026 7:44 PM
International Business Paratus sells drilling unit in $400m deal Company shifts towards becoming a pure-play provider of pipe-laying support vessels Company shifts towards becoming a pure-play provider of pipe-laying support vessels Mar 26, 2026 5:38 PM
General Government could cap fuel prices as war drives up price The Minister of Home Affairs acknowledges the concern a price increase places on families The Minister of Home Affairs acknowledges the concern a price increase places on families Mar 10, 2026 10:48 PM
International Business Transocean to acquire Valaris in $5.8bn deal Scheme of arrangement under Bermuda law will create combined group worth $17 billion Scheme of arrangement under Bermuda law will create combined group worth $17 billion Feb 10, 2026 6:36 PM
International Business Gold Reserve asks US court to keep Rusoro out of PDV sale Miner continues to pursue claims related to the Venezuelan state oil company, praises Maduro removal Miner continues to pursue claims related to the Venezuelan state oil company, praises Maduro removal Feb 03, 2026 7:41 AM
International Business Bermuda company says colleague is jailed in Venezuela Gold Reserve welcomes Maduro ouster as it bids for national oil company parent in US court Gold Reserve welcomes Maduro ouster as it bids for national oil company parent in US court Jan 06, 2026 7:55 AM
International Business Valaris wins multiyear Shell contract The Brazil deepwater project, Orca, will begin in 2027 and use one of the company’s drillships The Brazil deepwater project, Orca, will begin in 2027 and use one of the company’s drillships Dec 14, 2025 5:42 PM
International Business Gold Reserve fortifies $7.4bn bid in Citgo contest The company said it materially increased its proposed purchase price and arranged for financial support The company said it materially increased its proposed purchase price and arranged for financial support Aug 29, 2025 6:43 PM
International Business Gold Reserve pushes back against rival Citgo bid The company earns US approval but disputes competitor’s offer in ongoing court battle The company earns US approval but disputes competitor’s offer in ongoing court battle Aug 28, 2025 5:35 PM
International Business SFL profit drops to $1.5m with dividend cut to 20 cents The shipowner says the decrease reflects vessel sales and the impact of one of its rigs sitting idle The shipowner says the decrease reflects vessel sales and the impact of one of its rigs sitting idle Aug 25, 2025 7:58 AM
Local Business Gold Reserve grows cash pile but faces rising legal costs Expenses tied to enforcing its arbitral award from Venezuela surge to $7.2 million in the second quarter Expenses tied to enforcing its arbitral award from Venezuela surge to $7.2 million in the second quarter Aug 21, 2025 7:59 AM
International Business Gold Reserve’s bid for Citgo parent faces new delay The filing of briefs from numerous parties, including Crystallex and the Venezuelan Government, complicate the process The filing of briefs from numerous parties, including Crystallex and the Venezuelan Government, complicate the process Aug 17, 2025 8:00 AM
Local Business Valaris secures $760m in new gulf drilling contracts The offshore drilling firm has signed two agreements with Anadarko Petroleum Corp, beginning in June next year The offshore drilling firm has signed two agreements with Anadarko Petroleum Corp, beginning in June next year Jul 07, 2025 3:07 PM
Local Business Valaris to sell offshore rig for $108m The Valaris 247 is a 27-year-old jack-up drilling unit, typically used for shallow-water oil and gas operations The Valaris 247 is a 27-year-old jack-up drilling unit, typically used for shallow-water oil and gas operations May 06, 2025 3:46 PM
Local Business Golar LNG secures $1.2bn refinancing deal with Chinese consortium The existing debt is tied to the Bermudian-based firm’s floating LNG unit which is operating off the West African coast The existing debt is tied to the Bermudian-based firm’s floating LNG unit which is operating off the West African coast Mar 23, 2025 8:00 AM
International Business Borr Drilling reports net income of $82.1m in 2024 fiscal year An increase of $60 million, or 271 per cent, compared with the prior year An increase of $60 million, or 271 per cent, compared with the prior year Feb 23, 2025 10:00 AM
International Business DHT reports positive start to 2025 crude oil tanker market More than half of the available spot days have been booked during the first quarter of the year More than half of the available spot days have been booked during the first quarter of the year Jan 22, 2025 7:59 AM
International Business Vantage Drilling in joint venture with France’s TotalEnergies The JV has been named Teva Ship Charter LLC The JV has been named Teva Ship Charter LLC Jan 06, 2025 2:18 PM
International Business Seadrill adds nearly $1bn to company’s order backlog The Bermudian-based offshore drilling company has agreed two contracts with Petrobas, the state-owned Brazilian multinational The Bermudian-based offshore drilling company has agreed two contracts with Petrobas, the state-owned Brazilian multinational Dec 19, 2024 10:30 AM
International Business Avance Gas makes first delivery of very large gas carrier to BW The 2015-built non-scrubber ship Chinook is part of a $1.05 billion deal between the two parties The 2015-built non-scrubber ship Chinook is part of a $1.05 billion deal between the two parties Nov 08, 2024 7:57 AM
International Business Valaris third-quarter net income falls to $63m That result compares with $151 million in the second quarter of the year That result compares with $151 million in the second quarter of the year Nov 02, 2024 2:35 PM
International Business Nabors Industries reports Q3 loss of $56m The Bermudian-domiciled energy technology company had third-quarter operating revenues of $732 million The Bermudian-domiciled energy technology company had third-quarter operating revenues of $732 million Oct 23, 2024 4:38 PM
