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Borr Drilling Limited, the Bermudian-based oilfield services company, has received a binding letter of intent for the premium jack-up drilling rig Prospector 5 from an undisclosed operator in West Africa. The six-well firm programme is expected to co...

Bermudian-based Teekay Corporation has reported net income attributable to shareholders of Teekay of $5.3 million in the second quarter. That compares with a profit of $888,000 in the first quarter of the year and a loss of $1.8 million in the second...

Sun Life International has launched Sun Global Aurora, a savings-oriented indexed universal life product. The company said it was aimed at high-net-worth clients looking to diversify, protect and grow their assets by buying a life insurance contract ...

Teekay Tankers Ltd, the Bermudian-based owner and operator of mid-sized crude oil tankers, has returned to profitability. The company reported net income of $28.5 million in the second quarter of the year. That compares with a first-quarter loss of $...

Apex Group Ltd, the Bermudian-based global financial services provider, has closed the £1.5 billion acquisition of Sanne Group plc, a leading global provider of alternative asset and corporate services. The close of the Sanne acquisition positions Ap...

Bermudian-registered Nabors Industries Ltd has recorded a net loss from continuing operations attributable to Nabors shareholders for the second quarter of $83 million. This compares to a loss of $184 million in the first quarter for the energy drill...

Chris Weber has commenced his role as senior vice-president and chief financial officer at Valaris Limited, the Bermudian-based offshore drilling services company. Mr Weber, who was appointed in May, previously served as chief financial officer of Lu...

Kiniksa Pharmaceuticals Ltd, the Bermudian-based biopharmaceutical company with a portfolio of assets designed to modulate immunological pathways across a spectrum of diseases, has reported a net loss of $20 million in the second quarter. That compar...

Valaris Limited has reported net income of $113 million in the second quarter compared to a net loss of $40 million in the first quarter of the year. The Bermudian-based offshore drilling services company said revenues increased to $413 million from ...

Bermudian-based Textainer Group Holdings Limited, one of the world’s largest lessors of intermodal containers, has reported net income of $78.6 million for the second quarter. That compares with $72.7 million for the first quarter of 2022. The averag...