Diamond Offshore Drilling reported better-than-expected Q4/2023 results and guided Q1 and FY2024 largely in line with muted expectations. Read more here.

Oil and Gas Drilling Rig over Offshore Platform Getty 2024-10-10T11:58:11Z Share. Facebook Email X LinkedIn Copy link. An icon in the shape of a lightning bolt. Impact Link. Save ...

An offshore oil rig worker's typical day is based around 12-hour shifts, seven days a week. This is often organized as two weeks on and three weeks off. Some guys refer to this as a 14/21 shift.

Total U.S. rig count (oil and gas) increased by eleven. Total U.S. oil rig count increased by seven. The horizontal count increased by one. The directional count increased by six. All of the rigs ...

April 24 (Reuters) - Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a better-than-expected quarterly profit as it cut drilling costs and hiked prices ...

Long before offshore oil rigs are put together, much less sent out into the open ocean, they're expertly designed. Schematics are drawn up, and in many cases, engineers will take these plans and ...

Any offshore oil rig that extends past 1500 meters is considered to be an ultra-deepwater production facility. However, that's still nowhere close to the deepest man has explored in the ocean.

Kevin O'Connor spends four weeks at a time working on an offshore oil rig. While the views are breathtaking, the loneliness can take a toll on him and his crew.

Offshore oil rigs are like small towns out on the water. Here's how many people you can expect to find out there, and how long they stay before a break.

Petrobras Offshore Spending Spree Fuels Oil-Rig Bonds Rally Constellation Oil Services expects to grow rig rental fees Petrobras and other producers look to drill more wells ...

One drilling source close to the kingdom’s drilling operations said that key offshore rig operators in Saudi Arabia are on tenterhooks, as Aramco continues to optimise its drilling fleet in the ...