Transocean has a massive $8.3 billion backlog and pricing power in high-spec rigs. See why I rate RIG stock as a strong buy.

I had an interesting conversation last week with one of our readers, Sal from Louisiana, who works on an offshore oil rig in the Gulf. This is certainly a "dirty job" but I was impressed by how ...

Saudi operator has renewed the deal for one of the jack-ups owned by ADES, offering a contract renewal for the jack-up rig ...

Petrobras received the PA-38 jack-up rig for Guaricema field shallow water well decommissioning about 9 km from the coast of ...

Well-Safe Solutions, a seven-year-old company with already more than 400 employees and 100 well decommissioning projects ...

The offshore drilling rig market is facing a challenging 2025 as dayrates continue to soften amid sluggish demand, but a potential 2026 recovery driven by tighter rig supply and rising offshore ...

"Anyone know any good oil rigs to catch red snapper at this time of year," the author began. "I have a 21-foot offshore boat so I can go up to 50 miles out." The liveliest thread within the ...

This week's offshore rig review continues last week's analysis of the relationship between day rates and contract lengths, specifically examining the semisub and drillship fleet. More On Contract ...

This post contributed by Nadine Lymn, ESA Director of Public Affairs Typically the size of a football field and reaching a height of several hundred meters, the production life of an offshore oil or ...