Transocean trades near 52-week lows despite rising day rates and tight rig supply. Find out why I think RIG’s stock is highly ...

Diamond Offshore Drilling reported better-than-expected Q4/2023 results and guided Q1 and FY2024 largely in line with muted expectations. Read more here.

Any offshore oil rig that extends past 1500 meters is considered to be an ultra-deepwater production facility. However, that's still nowhere close to the deepest man has explored in the ocean.

Expertise and opinions of authors published by ForbesBooks. Imprint operated under license. What is Rig Count? A Rig Count is an official listing of all the oil and gas rigs that are operational ...

Long before offshore oil rigs are put together, much less sent out into the open ocean, they're expertly designed. Schematics are drawn up, and in many cases, engineers will take these plans and ...

The authors do not work for, consult, ... Offshore oil rigs can be extremely dangerous places to work. Over the last few decades, ...

There are 13 offshore rigs operating in the Gulf of Mexico, down from 19 a year ago, according to oil-field services firm Baker Hughes and research firm Enverus. Seadrill, ...

Rental rates for offshore oil and gas rigs have rocketed higher, boosted by a race to lift production because of the war in Ukraine and a recovery in demand after the COVID-19 pandemic.

Oil and Gas Drilling Rig over Offshore Platform Getty 2024-10-10T11:58:11Z Share. Facebook Email X LinkedIn Copy link. An icon in the shape of a lightning bolt. Impact Link. Save ...

Offshore drilling has come a long way since the wharf-based rigs of the late 1800s, giving oil companies an arsenal of options for tapping deep-sea deposits. Skip to content Menu ...