Memories of the 2010 explosion and spill that killed 11 workers and dumped 134 million gallons of oil in the Gulf of Mexico ...

The premise of a jackup rig is that it is self-elevating; here, the legs are stationed on ocean floor and the drilling equipment is jacked up above the water's surface. Providing a very stable ...

Originally conceived as a bottom-supported drilling unit, semisubmersibles eventually found their true calling. Now, semisubs are the most stable of any floating rig, many times chosen for harsh ...

According to Petrobras, the Arabia I jack-up rig has arrived in Brazil on April 13, 2025, and is on its way to the Guaricema ...

The company plans to run a dedicated drilling rig on the $390-million asset, incorporating it into its 2025 plans. In February, the company said it expects to deploy up to $1 billion in US oil and gas ...

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Drilling in the U.S. shale patch declined at the fastest pace in almost two years as mounting international trade tensions threaten to stifle energy demand. The number of U.S. rigs drilling for ...