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

Brian Ingpen explores the transformative role of Floating Production Storage and Offloading vessels in the country's oil and ...

Baker Hughes (BKR) reports that the U.S. rig count is up 1 from last week to 593 with oil rigs down 1 to 486, gas rigs up 2 to 102 and ...

Decommissioning the world’s ageing offshore oil and gas infrastructure can be dangerous, costly and complex, and progress so far has been far from encouraging ...

India's ONGC operates fleet of more than 30 offshore drilling units and is largest operator of jack-up rigs in South Asia ...

Baker Hughes (BKR) reports that the U.S. rig count is unchanged from last week at 592 with oil rigs up 1 to 487, gas rigs down 1 to 100 and ...

China National Offshore Oil Corporation operates an offshore drilling rig in an oil field in the Bohai Sea. CHINA DAILY In a scene from Deepwater Horizon — a film based on the 2010 offshore oil spill ...

Oslo-listed offshore accommodation rig provider Floatel International has secured a contract extension with Equinor for its ...

(Bloomberg) -- Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras ... Two Petroleos Brasileiro SA rigs were temporarily suspended as of Feb. 20 ...

Valaris is set to hit $61.50 in 24 months with improved fleet management, rising day rates, and strategic positioning ...