Aramco cancelled multiple offshore rig contracts last year, leading to a decline in jack-up day rates and prompting domestic ...

President Joe Biden issued historic protections for both Florida’s Gulf Coast and much of the U.S. coastline. This ...

Transocean Ltd (NYSE: RIG) provides offshore contract drilling services for the oil and gas industry. They have a fleet of 34 mobile offshore drilling units, which consist of 26 ultra-deepwater ...

Petroleo Brasileiro SA has requested authorization from Brazil’s environment protection agency to prepare a drilling rig for work at a disputed offshore exploration project, a sign that the ...

The offshore drilling rigs market is growing due to rising energy demand, technological advancements, and deepwater exploration. Increasing investments in oil and gas drive innovation, efficiency.” ...

Top offshore driller Seadrill has been ordered by a Norwegian court to pay compensation to the owner of the deepwater rig ...

The rigs include 572 land drilling rigs, two inland water rigs, and 14 offshore drilling rigs. Of them, 51 are directional drilling rigs, 524 are horizontal drilling rigs and 13 are vertical ...

ExxonMobil and its partner offshore Cyprus ... and the next stage is to bring in a drilling rig and to test those,” John Ardill, Vice-president for global exploration at ExxonMobil, told ...

Transporting massive cargo like oil rigs, cruise ships, and even other ships requires something extraordinary—semi-submersible heavy transport vessels. These engineering marvels, like the BOKA ...

Growth was fuelled by the expansion of onshore and offshore fleets, as well as the continued growth of the oilfield services (OFS) segment. At the end of Q4 2024, the fastest-growing drilling company ...