Offshore oil rigs have made it possible to collect oil and natural gas from below the ocean's floor, appearing as massive megastructures in the middle of open water. Given their sheer size and ...

Any offshore oil rig that extends past 1500 meters is considered to be an ultra-deepwater production facility. However, that's still nowhere close to the deepest man has explored in the ocean.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row to the lowest ...

Under the contract, Velesto’s NAGA 4 jack-up rig will undertake drilling activities for more than 40 wells. Operations are ...

aligning with 2028 rig targets The high-spec rigs will support operations at the offshore Zakum development, part of ADNOC’s broader strategy to unlock maximum value from Abu Dhabi’s offshore ...

Valaris Ltd, the Bermuda-headquartered offshore drilling company, has agreed to sell its jack-up rig Valaris 247 to BW Energy for approximately $108 million in cash. The sale is expected to close ...

Of the total U.S. rig count of 584, 567 rigs are categorized as land rigs, 14 are categorized as offshore rigs, and three are categorized as inland water rigs. The total U.S. rig count is made up ...

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

Port Fourchon at the southern tip of Lafourche Parish is the go-to service station for offshore energy production, serving as ...

Two of the offshore drillers with a big exposure to Mexico's financially-troubled national oil company are encouraged that ...

The Maharashtra fisheries department has cautioned fishermen against venturing into offshore defence zones ... near or seeking shelter around oil rigs during storms. With Maharashtra's coastline ...