Furie Operating Alaska on Monday announced they’d renewed a lease with a Hilcorp subsidiary to use their jack-up rig this ...

Since the first jackup was built in 1954, jackups have become the most popular type of mobile offshore drilling ... stationed on ocean floor and the drilling equipment is jacked up above the ...

Another type of drilling rig that can drill in ultra-deepwaters ... Mooring Patterns Semisubmersibles and other mobile offshore facilities are moored in systematic ways, but there are many ...

Equinor has awarded contracts for Norwegian continental shelf well plugging to Baker Hughes and Archer Oiltools and will establish a centre of excellence ...

Offshore rig demand Increased utilization and higher day rates for semisubmersibles and other mobile drilling equipment has resulted from the pick up in offshore development. Mobile drilling ...

Transocean (NYSE:RIG – Get Free Report) had its price objective lowered by equities research analysts at Morgan Stanley from $5.00 to $4.00 in a research note issued on Thursday,Benzinga reports. The ...

The Norwegian major will dedicate a specialised rig for the programme to plug 15 to 20 wells annually for a total of nine ...

Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF) (FSE: V3H) ("Great Pacific Gold," "GPAC," or the "Company") is providing ...

Shares of Transocean Ltd. (NYSE:RIG – Get Free Report) have earned a consensus rating of “Hold” from the ten brokerages that are currently covering the company, Marketbeat.com reports. One analyst has ...

Transocean Ltd.’s RIG semi-submersible drilling rig, Transocean Barents, is making its way to the Neptun Deep project for a 10-well drilling mission, marking a significant phase in Romania’s ...

The offshore drilling rig market is facing a challenging 2025 as dayrates continue to soften amid sluggish demand, but a potential 2026 recovery driven by tighter rig supply and rising offshore ...

Equinor has awarded a three-year contract for well plugging on its operated fields on the Norwegian continental shelf (NCS) ...