Waves lashed the Ocean Ranger oil rig knocking out a porthole window and allowing water to submerge the ballast control room, ...

The added rigs are evenly split, one oil-targeted, and one gas-targeted, bringing the respective totals to 481 and 101 rigs ...

The number of active drilling rigs in the United States stands at 588 this week, up by two from the previous week but down by 33 from a year ago, according to the weekly data released Friday by ...

A shipyard has completed the construction of the P-55, Brazil's largest offshore oil platform, which will have the capacity to produce 180,000 barrels per day (bpd) of crude, it was announced by ...

Baker Hughes, a leading energy services company, said that U.S. firms added oil and gas rigs this week for the third ...

Most of the rigs had been abandoned at Keppel's yard by their owners. Keppel was the most celebrated builder and designer of ...

Public sector giant plans to invest between $3 billion and $4 billion during ongoing financial year, mostly on offshore ...