The official moratorium on deepwater drilling in the U.S. Gulf of Mexico was lifted in October 2010, but has been replaced with what can only be described as a quasi moratorium as new permits continue to languish in a byzantine ...

A quick look at the chart for Atwood Oceanics shows a familiar pattern for those who have been following the price action of companies in the offshore contract drilling industry. Shares of Atwood have declined by approximately 30 percent from ...

Barron's has published a brief article making a bullish case for Noble Corporation. Jay Palmer, writing for Barron's, believes that Noble is well positioned for a world in which deepwater drilling will account for a growing share of production as ...