WASHINGTON (AP) — The Trump administration said Friday it is combining two agencies that were separated in the aftermath of ...

Lion noted the SCD-20 rig, currently working in East Java, is a hydraulic 900HP Schramm Rotadrill TXD200 unit, is ...

This is Berkut, the world's largest offshore oil platform, what is the insane engineering behind the Berkut oil rig mega project, how did they build such a massive off shore rig in one of the world's ...

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 ...

Offshore drilling group marks fresh annual peak level; Mixed ratings activity reflects varied market sentiment trends; Fleet operations remain central to global energy ...

Add Yahoo as a preferred source to see more of our stories on Google. The newest addition of our bi-annual digital magazine, Offshore Technology Focus, is out now. Read it here on any device. In our ...

The Trump administration has announced new oil drilling operations off the coasts of California and Florida, marking the first such expansion in these regions in decades. This move, intended to boost ...

Transocean (RIG) stock surged 6.5% Thursday after securing approximately $1B in new drilling contracts and retiring $358M in ...

This week's offshore rig review focuses on the construction trends and costs that have shaped the competitive rig fleet over that last 30 years and those that are shaping it today. We recently spent ...

This week's offshore rig review looks at the trends and changes in the number of rigs that are cold stacked around the world. This week, worldwide offshore rig utilization held steady at 83%, as 543 ...

Saudi Aramco is expected to further downsize its offshore drilling fleet and could likely hand over suspension notices to more rig contractors, as many big-ticket offshore developments including ...