Adnoc Drilling has won two offshore jack-up rig deals worth a combined $1.15 billion for 15 years from compatriot Adnoc ...

Adnoc Drilling, the Middle East's largest drilling company, has awarded a $1.15 billion contract for two jack-up rigs to ...

Between this, paying laborers, maintaining the rig, and other associated costs, offshore oil drilling can get absurdly expensive. With such major costs involved, it's no surprise that the hope is ...

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. Once drilling is required in waters that are ...

according to Wood Mackenzie Ltd. Prices to rent the most advanced offshore drilling rigs averaged $420,000 a day for the first half of this year, as roughly 90% of the industry’s active fleet is ...

If you, like us, have been sucked into Amazon Prime's new show The Rig, but come away with more questions than answers about how offshore oil drilling works, then you’ve come to the right place ...

This undated picture released by TotalEnergies shows the drilling rig, Transocean Barents, which arrived at its location in the Mediterranean Sea on Wednesday, Aug. 16, 2023. The rig is expected ...

BEIRUT (AP) — An offshore drilling rig arrived at its location in the Mediterranean Sea off Lebanon’s coast and will start operations in the coming weeks to search for gas, Lebanese Cabinet ...