Offshore oil rigs have made it possible to collect oil and natural gas from below the ocean's floor, appearing as massive megastructures in the middle of open water. Given their sheer size and ...

© nikkytok / Adobe Stock About the Author: Sofia Forestieri is a Senior Analyst at Esgian, specializing in offshore rig ...

In its previous rig count, which was released on May 2, Baker Hughes revealed that North America dropped 11 rigs week on week ...

As the offshore driller secures and commences new contracts, its financial outlook gets bolstered, creating a positive trajectory for the company and its stakeholders. An Insight Into RIG’s ...

Interior said Friday that a rule implemented in 2024 to impose supplemental financial bond requirements on offshore drilling ...