About 77 pct of Songa shareholders have so far accepted deal. Transocean, one of the world's biggest drilling rig operators, has agreed a deal to buy Norwegian competitor Songa Offshore for 9.1 ...

The number of U.S. rigs drilling for crude — a closely followed metric that can point to future oil output — fell by nine to 480 this week, the biggest drop since June 2023, according to data ...

U.S. energy firms cut the number of oil and natural gas rigs operating for a fourth month in a row to the lowest since October 2021, energy services firm Baker Hughes said in its closely followed ...

Alaskan Drilling’s Biggest Fan Is Also Its Biggest Hurdle. President Trump is working against himself to open up more energy exploration in the 49th state. June 3, 2025 at 6:30 AM EDT.

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.