Top offshore driller Seadrill has been ordered by a Norwegian court to pay compensation to the owner of the deepwater rig ...

Most of the rigs had been abandoned at Keppel's yard by their owners. Keppel was the most celebrated builder and designer of ...

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 ...

Transocean (RIG), a provider of offshore drilling services for oil and gas wells, looks to leverage its fleet, which is ...

A group of Republican-led states filed a lawsuit on Friday challenging a ban announced by outgoing Democratic U.S. President Joe Biden earlier this month on new offshore oil and gas development ...

By Nate Raymond (Reuters) - President Donald Trump in an executive order on Monday revoked a ban imposed by former Democratic President Joe Biden on new offshore oil and gas development along most ...

(Bloomberg) -- US President Donald Trump revoked offshore oil and gas leasing bans that effectively ... including revoking his recent decision to bar drilling rigs in some 625 million acres ...

Baker Hughes said oil rigs fell by six to 472 this week, their lowest since December 2021, while gas rigs rose by one to 99.