The tall derrick on an oil drilling rig collapsed at a site about four miles north of Belfield. No one was injured and no fluids or liquids spilled from the completed well in the collapse, said ...

Transocean Ltd.’s (NYSE:RIG) Spitsbergen rig was built in 2010 as a sixth-generation dual-derrick winterized semi-submersible rig, which is capable of drilling high-pressure and high-temperature ...

In the first quarter of the year, Transocean Ltd. (NYSE:RIG) swung to a net loss of $79 million from a net income of $98 million in the same period a year earlier, despite contract drilling ...

Cyclone Drilling in Gillette is the region's go-to specialist for drilling the deepest and longest oil and gas wells. It’s ...

Here, the drilling derrick is mounted on an arm that extends outward from the drilling deck. With a cantilevered jackup, drilling can be performed through existing platforms, as well as without them.

The rig is expected to begin drilling this month in Lebanese waters near the border with Israel after the two countries reached a deal last year on their maritime border.

Latshaw drilling rig #19 operates in the midst of a cotton field Monday, Dec. 27, 2021, in Stanton, Texas. (Odessa American File Photo) ...

We recently published a list of Investors Are Gobbling Up Shares of These 10 Firms. In this article, we are going to take a look at where Transocean Ltd. (NYSE:RIG) stands against other top ...