Malaysia’s oil and gas services firm Velesto has secured a drilling contract by Phu Quoc Petroleum Operating Company (PQPOC) ...

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

North America added five rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was ...

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

Terrel Hardin was at a diner along Route 66 in western Oklahoma when his phone rang with bad news: The engine on one of his ...

OPEC is pumping, oil prices are falling, shale producers are pulling up rigs. Our experts explain how to profit from the ...

Drilling activity continues to decline as operators reduce their plans amid lower oil prices. Baker Hughes said Friday its U.S. rig count fell two rigs to 576 rigs for the week, the third consecutive ...