Offshore drilling contractor Shelf Drilling has received a notice from Saudi oil and gas giant Aramco to resume operations ...

CC0 Usage Conditions ApplyClick for more information. At 14,000 tons and 2.5 times the height of the Statue of Liberty, the Piper Alpha oil rig was one of the largest in the world. But on July 6, 1988 ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

The tallies from Baker Hughes this week increased three oil rigs, and dropped by three gas rigs, for a total of 549 active ...

India’s state-controlled Oil and Natural Gas Corporation (ONGC) is poised to launch a key tender within weeks for at least four specialised rigs required for operations offshore the country’s east and ...

Adnoc Drilling has won two offshore jack-up rig deals worth a combined $1.15 billion for 15 years from compatriot Adnoc Offshore. The jack-up deals will bring in “accretive rates that generate ...

Later today, oil services and technology company Baker Hughes will release its U.S. rig count, which is the tally of active oil rigs in the country. Since the spring, rig count has declined, reaching ...

North America dropped five rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on May 30. The U.S. dropped three rigs week on week and Canada cut ...

The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday. The total rig count in the US ...