Decommissioning the world’s ageing offshore oil and gas infrastructure can be dangerous, costly and complex, and progress so far has been far from encouraging ...

China is making rapid strides in catching up with developed nations in offshore drilling, driven by a push toward scientific ...

Offshore support vessel markets remain strong despite slipping from last year’s peak, with subsea ships in particularly short ...

Baker Hughes’ February 28 count showed that North America added five rigs week on week, its February 21 count revealed that North America added three rigs week on week, its February 14 rig count ...

Transocean (RIG), an international provider of offshore contract drilling services for oil and gas wells, looks to benefit from the US ...

Baker Hughes (BKR) reports that the U.S. rig count is unchanged from last week at 592 with oil rigs up 1 to 487, gas rigs down 1 to 100 and ...

The U.S. cut one rig week on week, and Canada dropped 14 rigs during the same period, taking the total North America rig ...

Ten companies across mixed sectors also mirrored a broader market optimism, booking modest gains during the end of the ...

The rig is part of a $300 million contract covering deepwater exploration offshore Brazil, where it will operate in water ...

In July 1988, a fire breaks out on a vast oil rig in the North Sea, trapping Joe Meanen.