The deepest offshore oil well was over 35,000 feet by the Deepwater Horizon, and the Maersk Voyager operated in the deepest ...

Rental rates for deep- water drilling rigs continue to surge as a worldwide shortage of vessels used to search the oceans for oil outweighs the biggest drop in crude prices in a quarter-century.

Despite the Deep Water Horizon fiasco, deep-water drilling remains one of the worlds’ primary sources of crude. And among deep drilling rigs, this 56,860 ton Scarabeo 9 is king. Deep-water ...

Reporting from Washington — Oil and gas companies have told the Obama administration that environmental regulations for deep-water drilling rigs do not immediately need to be toughened because ...

Transocean Ltd. RIG, the Swiss offshore contract drilling service provider, has reached an agreement with an undisclosed customer to sell one of its ultra-deepwater ... of this sale, RIG ...

Noble and Valaris are ready to reactivate their hibernating deep-water drilling rigs as soon as the right customers materialise offering strong contracts. Demand for top-quality deep-water rigs ...

While rejecting meaningful action, such as a halt to deep-water drilling or requiring relief wells and/or back-up rigs, the province’s regulators have made a show of demanding that Chevron prove ...

The anticipated upcycle in deepwater drilling ... equipment, delayed FPSOs, protracted regulatory approvals and customers' capital discipline.” The case for a rebound in deep water activity ...

Norwegian offshore driller Dolphin has signed a contract to reactivate one of its idle deep-water ... moored drilling operations and underlines the value creation potential for our rig ...