Explore what topside means for offshore rigs. Understand its structure, key components, and importance in oil extraction ...

Oil rig jobs can seem very appealing in any job market, but there are a number of harsh realities to working on them that ...

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 ...

Discover the incredible story behind the construction of the Petronius offshore oil rig, one of the most ambitious projects in the energy industry. This video takes you through the complex process of ...

While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards.Main ...

OSLO, May 27 (Reuters) - Rental rates for offshore oil and gas rigs have rocketed higher, boosted by a race to lift production because of the war in Ukraine and a recovery in demand after the COVID-19 ...

The offshore rig market is experiencing a period of rapid growth, driven by notable advancements in Guyana, Brazil, and the Middle East, infill drilling activities in West Africa, and renewed ...

As the world’s biggest offshore drillers gear up for more than $500 billion in new investments in the coming years, don’t expect rig contractors to meet the boom with a new round of vessel building.

The U.S. Coast Guard said Sunday it had rescued three boaters from an offshore oil platform after their vessel sank near Freeport, Texas, Sunday."Coast Guard Sector Houston-Galveston watchstanders ...

For more than a decade, Chris Pleasant didn’t want to talk about his near-death experience on the Deepwater Horizon oil rig, not even with his wife. He was a supervisor on the Transocean-owned rig ...

Noble Corporation's shares have risen by about 50% over the past year, reflecting the recovery in the offshore drilling sector. The company reported solid financial results, with adjusted EPS of $0.38 ...

Diamond Offshore Drilling reported better-than-expected Q4/2023 results and guided Q1 and FY2024 roughly in line with muted expectations. However, the recent Ocean GreatWhite incident is likely to ...