Built to withstand extreme conditions and house hundreds of people, the size, complexity, and location of oil rigs makes ...

The latest EIA data showed that weekly U.S. crude oil production rose, from 13.387 million bpd to 13.392 million bpd. The ...

Offshore oil rigs are some of the largest structures found on the water, but are they just floating out there? How do they ...

US oil and gas rig counts hit their lowest since 2021 as drilling activity slows due to lower prices and market uncertainty.

Total rig count falls six to 578, oil down five, gas steady Gulf of Mexico rig count drops to lowest since September 2021 Permian shale rig count hits lowest since December 2021 May 9 (Reuters ...

ADNOC Drilling will acquire a 70% stake in oil services firm SLB's onshore rig business in Oman and Kuwait for up to $112 ...

The oil and gas rig count, an early indicator of future output, fell by six to 578 in the week to May 9. Baker Hughes said this week's decline puts the total rig count down 25, or 4% below this ...

- US president threatens to impose sanctions on Russia's oil sector if he believes Kremlin is not contributing to efforts to secure ceasefire in Ukraine ...

Rig operators, the companies who own and operate oil rigs, face a maze of employment law whether their operations are onshore or offshore, big or small. The equal employment guarantees of federal ...

The total U.S. rig count is made up of 479 oil rigs, 101 gas rigs, and four miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. total comprises 523 horizontal rigs ...

Oil has been powering the global economy for over a century, and its extraction is a highly complex and challenging process, especially when done offshore. The history of offshore drilling began in ...

OKEA made a discovery that is estimated to hold 300,000 to 2.8 million barrels of recoverable oil equivalent along the ...