The deepest offshore oil well was over 35,000 feet by the Deepwater Horizon, and the Maersk Voyager operated in the deepest ...

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

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 ...

BEIRUT — An offshore drilling rig arrived at its destination in the Mediterranean Sea off Lebanon’s coast and will start operations in the coming weeks to search for gas, cabinet ministers ...