Offshore oil rigs are some of the largest structures on the ocean, they can operate at incredible depths and drill deeper ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row to the lowest ...

US oil and gas rig counts hit their lowest since 2021 as drilling activity slows due to lower prices and market uncertainty.

Russia's oil-patch tax policy, along with tanking crude prices, are making the country's critical export unprofitable.

Ever wondered what it’s like to live and work on a massive structure floating in the middle of the ocean? Welcome to the world’s biggest offshore oil rig platform,a colossal engineering feat where ...

Baker Hughes said its weekly US rig count fell for a fifth consecutive week to 563 rigs, the lowest level since November 2021 ...

The Rotary Rig Count from Baker Hughes drops to its lowest total in more than three years. The weekly U.S. tally is down ...

Precision Drilling's focus on Canada's robust oil market and U.S. natural gas basins could help it thrive despite low oil ...

ADNOC Drilling will acquire a 70% stake in oil services firm SLB's onshore rig business in Oman and Kuwait for up to $112 ...

The oil and gas rig count fell by three to 563 in the week to May 30. Baker Hughes said this week's decline puts the total count down 37 rigs, or 6%, from this time last year.