This week marks the anniversary of the Exxon Valdez spill, which shocked the US public with images of oil-covered Alaskan ...

An aerial view of an oil rig with drillers in hard ... including the Deepwater Conqueror, Atlas, and Asgard. Overall RIG ...

Offshore rig market faces a challenging year ahead, with falling dayrates and weak demand amid contract suspensions and ...

It’s such a different mentality.” The film is based on the real-life Gulf Coast oil rig Deepwater Horizon, which burst into flames on April 20, 2010 – causing one of the worst environmental ...

GLM Contracts For Rig Global Marine Inc. (GLM) will build a second, new ultra-deepwater oil rig, which is expected to bring in $208 million over three years. The second Glomar 456 class ...

Transocean Ltd. RIG is a premier offshore drilling contractor, renowned for its dominance in the deepwater and ultra-deepwater drilling markets, with a legacy tracing back nearly a century and ...

Eleven people were killed. Two days later, the rig collapsed. Oil began seeping into the sea, and it continued to flow for almost three months. The Deepwater Horizon disaster is among the most ...

BP has reached an $18.7 billion settlement with the federal government and five states, effectively ending litigation stemming from the 2010 Deepwater Horizon rig explosion and subsequent oil spill.

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This highlights its competitive advantage and the trust placed by major oil companies ... strengthen, with deepwater CapEx projected to more than double in 2026 and 2027. RIG’s assets are ...