Any offshore oil rig that extends past 1500 meters is considered to be an ultra-deepwater production facility. However, that's still nowhere close to the deepest man has explored in the ocean.

An increasingly hot-button issue, oil rigs have become the physical embodiment of larger economic and environmental debates, garnering praise from conservative politicians and the ire of ...

Total rig count falls six to 578, oil down five, gas steady Gulf of Mexico rig count drops to lowest since September 2021 Permian shale rig count hits lowest since December 2021 May 9 (Reuters ...

Mr. Strong lost five friends in the 1982 sinking of the Ocean Ranger drill rig at Hibernia that left all 84 crew members dead. Exploration dried up after oil prices plummeted in the 1980s ...

The total U.S. rig count is made up of 489 oil rigs, 96 gas rigs, and five miscellaneous rigs, according to the count, which revealed that the U.S. total comprises 529 horizontal rigs, 48 ...

Suncor Energy is on the hunt for a rig set to be used in a multi-well drilling campaign at its Terra Nova oilfield offshore ... more years to tap additional oil reserves — known as the Asset ...

The oil and gas rig count, an early indicator of future output, fell by two to 590 in the week to April 4. Baker Hughes said this week's decline put the total rig count down 30 rigs, or 5% below ...

this means the abandonment of oil rigs. To disassemble the machines is not just costly, it also might prove to be a mistake should the market rise again. So the massive rigs, weighing around a ...

(“I remembered the incident because just a few weeks ago, I led the distribution of boats to fishermen's associations in Tanza, Rosario, Naic, and Cavite City [all in Cavite province] who were also ...

Robert Eifler, chief executive officer at Noble Corp., said Friday in an interview that he’s planning for relatively flat demand growth industry wide for floating drilling rigs next year ...

MANILA, Philippines — With a little over 100,000 liters of industrial oil left in the sunken motor tanker Terra Nova, the siphoning process is now almost complete, according to the Philippine ...