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

Officials said the drill rig fell onto the bridge’s railing. Storm debris also needs to be removed. The bridge has been inspected and the drilling rig has not compromised its structural integrity.

It was previously anticipated that critical repairs following the aftermath of Storm... Equinor Energy AS started production at the Halten East development in the Norwegian Sea. CNOOC Ltd. started ...

The US drilling rig count dropped 1 unit to reach 592 rigs working for the week, according to Baker Hughes data. The US drilling rig count dropped 1 unit to reach 592 rigs working for the week ...

The Company also has received the commitment of a long-standing customer to execute a three-year drilling contract upon the rig's delivery, which is expected in June 2008. The cost of the rig ...

The number of active rigs drilling for oil and gas in the U.S. rose by 1 to 593 for a fifth straight weekly gain, Baker Hughes said Friday in its latest report. Despite the increase, Baker Hughes ...