Borr Drilling faces challenges with Q1/2025 losses, suspended dividends, and market pressures. Read why I am downgrading BORR ...

RIG) previously, so investors should view this as an update to my earlier articles on the company. After the close of Tuesday's regular session, leading offshore driller Transocean disclosed up to ...

Adnoc Drilling has won two offshore jack-up rig deals worth a combined $1.15 billion for 15 years from compatriot Adnoc Offshore. The jack-up deals will bring in “accretive rates that generate ...

(Alliance News) - Tower Resources PLC on Tuesday said it has issued a letter of award to secure a jack-up rig for drilling operations offshore Cameroon later this year. The oil and gas company ...

Related: Massive Waves Break at Offshore SoCal Oil Rig (Watch) Recapping the session, Bold As Love wrote: “A day of firsts on so many levels: Canoe surfed the biggest waves yet in the Bold As ...

Welcome to the world’s biggest offshore oil rig platform,a colossal engineering feat where people live, eat, sleep, and drill hundreds of miles from land.In this video, we take you deep inside ...

Every design has its own unique advantages depending on the type of the operation and the distance offshore. The kind of rig chosen will determine both safety and efficiency. Jack-up rigs are used ...

Kevin O'Connor spends four weeks at a time working on an offshore oil rig. Meredith Wilshere is a Society and Culture writer at PEOPLE. Her work has previously appeared on PS, Stylecaster ...

SBM Offshore announces it has signed a Share Purchase ... The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views ...

Of the total U.S. rig count of 566, 553 rigs are categorized as land rigs, 11 are categorized as offshore rigs, and two are categorized as inland water rigs. The total U.S. rig count is made up of ...

Rig operators, the companies who own and operate oil rigs, face a maze of employment law whether their operations are onshore or offshore, big or small. The equal employment guarantees of federal ...

An upgrade in ODL’s ratings would be driven primarily by success in re-contracting and boosting its revenue backlog, a strong outlook for global offshore rig markets, and greater diversification ...