Transocean (NYSE: RIG) is a pure-play offshore drilling contractor operating 32 mobile offshore drilling units, including 24 ultra-deepwater floaters and eight harsh-environment semisubmersibles.

Dutch floating production specialist SBM Offshore is actively positioning itself in Namibia, the world’s new hot spot for developing huge offshore oil discoveries, building an in-country ...

Egypt's top oil official reviews status of investigation into fatal rig sinking Minister of Petroleum Karim Badawi met with owners of rig and technical investigation committee Egypt's Minister of ...

A refinery in Louisiana will receive crude from the nation’s stockpile to help address offshore oil supply issues.

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hughes published on Thursday, following a 7-rig decrease in ...

Atlas Energy Solutions (AESI) facing challenges with low oil prices and declining rig count, prompting Piper Sandler to downgrade with $16 target.

By Precious Nwakama I’m tired of pretending this isn’t happening. In 2025, data isn’t just “the new oil” – it’s become our entire economy. But here’s the thing that keeps me up at ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the nation’s oil production rig has risen from eight in 2021 to 46 in July, 2025.Mr Gbenga Komolafe, Commission Chief Executive ...

The war with Iran shows why hopes for energy independence are inadequate.