A Houston-based oil company has rebuffed the authority of the California Coastal Commission in a bid to revive drilling off ...

India's ONGC operates fleet of more than 30 offshore drilling units and is largest operator of jack-up rigs in South Asia ...

Offshore rig market faces a challenging year ahead, with falling dayrates and weak demand amid contract suspensions and ...

Jafari, a senior official at the National Iranian Oil Company, said exploration operations at sea had been halted since 2019 ...

Prudential Financial Inc. grew its position in Transocean Ltd. (NYSE:RIG – Free Report) by 899.8% during the fourth quarter, ...

TEHRAN - National Iranian Drilling Company (NIDC) completed the drilling and finalization of 100 oil and gas wells across ...

Transocean Ltd.’s RIG share price has dipped by 20.22%, which has investors questioning if this is right time to buy.

The average annual number of offshore drilling rigs increased by 60 percent during the 14th Five-Year Plan (2021-2025) compared to the period from 2016 to 2020. Li left the subsidiary in Guangdong ...

Offshore drilling firm Shelf Drilling has received a notice of contract termination from TotalEnergies EP Denmark for its ...

FY 2024 results met expectations, but guidance fell short. Strong contract coverage offsets industry challenges. Click to ...

Jackup Rigs Market Jackup Rigs Market Increasing offshore drilling activities & demand for shallow-water exploration drive market growth.</ ...

These operators offer drilling rigs (both land-based/onshore and offshore), equipment, services and manpower to exploration and production companies worldwide. Drilling for hydrocarbons is costly ...