Offshore Rig Operator Shares Up on Moratorium Lift

October 14, 2010

According to a report from the Associated Press, the end of the moratorium on drilling in the Gulf has lifted the stocks of companies that operate the offshore oil and gas drilling rigs. Shares of Transocean, Diamond Offshore and Ensco all gained more than three percent on Tuesday, Oct. 12, the report said.

(Source: The Associated Press)

 

Related News

Japan Secures Second Oil Tanker Passage Through Strait of Hormuz Oil Edges Higher as Markets Watch US-China Summit Trey Stolz Named as Guice Offshore CFO Anemoi’s Wind-Assisted Rotor Sails Pass Eight-Year Operational Milestone (Video) EnergyPathways, ABP Partner on Energy Storage Project at Port of Barrow