Offshore oil rigs are some of the largest structures on the ocean, they can operate at incredible depths and drill deeper than some airplanes fly.

New rig control system provides closed-loop drilling automation Continued innovation in modeling and algorithm development has led to new process control for the Cyberbase/SDI drilling command center.

Halliburton and Sekal have announced the deployment of what they claim to be the world's first automated on-bottom drilling system for Equinor in the North Sea.

If you've ever seen an offshore drilling rig, you know they're absolutely massive. But are these huge rigs, which are essential for oil production, built?

These operators offer drilling rigs (both land-based/onshore and offshore), equipment, services and manpower to exploration and production companies worldwide.

Read here for an analysis of Borr Drilling's position in the jack-up market and its financial outlook with a focus on supply conditions and potential risks.

Providing a very stable drilling environment, in comparison to other types of offshore drilling rigs, jackups can drill in waters up to 350 feet deep.

One would think that the offshore industry would be cratering with oil prices for a barrel having fallen from the $70s into ...

It's drilling for underground heat that CEO Tim Latimer believes holds the key to generating carbon-free power — lots of it.

Indonesia’s national energy company Pertamina has secured the jack-up rig CPOE 16 from Chinese offshore drilling contractor CNPC Petroleum Offshore Engineering (CPOE) on a four-year firm ...

The Zacks Oil and Gas - Drilling industry operates in a volatile environment, influenced by rig availability, contracting activity, and capital expenditures rather than commodity prices alone.