The drilling rig Hercules is owned by SFL Corporation ... Hjertaker indicated that recent market turmoil and oil price volatility had delayed new employment opportunities for the rig.

As an oil rig was violently rocking and breaking apart off the coast of Western Australia in 1983, then-Flight Lieutenant Ian ...

The latest EIA data showed that weekly U.S. crude oil production rose, from 13.387 million bpd to 13.392 million bpd. The ...

ADNOC Drilling Company announced today the award of a $1.15 billion, 15-year contract for two jack-up rigs by ADNOC Offshore ...

The number of total drilling rigs in the U.S. fell for the fourth consecutive week, down by 10 to 566 for the biggest weekly decline in total rigs since September 2023, Baker Hughes reports.

Oil gains in the Permian, Powder River and Uinta basins are overshadowed by declines in aging basins, says Wood Mackenzie ...

Adnoc Drilling Company on Tuesday announced the award of a $1.15 billion, 15-year contract for two jack-up rigs by Adnoc ...

There's a dizzying number of sides to the "big rig" transport proposal made by a Canadian oil company. Montanans have an array of environmental, social, political, tribal and economic concerns ...

BP has reached an $18.7 billion settlement with the federal government and five states, effectively ending litigation stemming from the 2010 Deepwater Horizon rig explosion and subsequent oil spill.