The Trump administration announced on Friday that it was moving to expand offshore drilling, potentially including in 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 ...

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.

A top drive is comprised of one or more electric or hydraulic motors, which is connected to the drill string via a short section ... of rigs, from truck-mounted units to the largest offshore ...

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

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

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The Carolina rig is one of those seemingly lost techniques, but when it’s employed today it can still produce banner days on the water. Whether you’re fishing around aquatic vegetation, rock piles, or ...

Recent museumgoers describe the Ocean Star Offshore Drilling Rig and Museum as "fascinating," "fun" and "interesting." The museum is located on a retired oil rig in the Galveston Channel and ...

STEINHAUSEN, Switzerland, April 16, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, ...