Transocean Ltd. RIG has officially commenced operations for British energy major BP p.l.c. BP in the Gulf of America (formerly the U.S. Gulf of Mexico). This milestone marks the beginning of a ...

The Arab Shipbuilding and Repair Yard Company (ASRY) has completed several rig repair and upgrade projects for Saudi-based ...

While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards.Main ...

The Iranian Offshore Oil Company (IOOC) has reportedly entered into two agreements to acquire advanced offshore drilling rigs as part of efforts to boost production from oil and gas fields. The ...

ADNOC Drilling has secured a major $806 million contract from ADNOC Offshore for three new-generation island rigs to support the expansion of the offshore Zakum development, the company announced this ...

Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy — including some strange sources being explored — is still a long way away.

KUWAIT, Jan 3 (KUNA) -- The offshore exploration project currently being implemented by Kuwait Oil Company (KOC) represents a ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

The Zacks Oil and Gas - Drilling industry consists of companies that provide rigs (or specialized vehicles) on a contractual basis to explore and develop oil and natural gas. These operators offer ...

HOUSTON, Sept. 25, 2025 /PRNewswire/ -- Caturus Energy (or "the Company"), a natural gas-focused exploration and production company producing over 650 million cubic feet of net gas equivalent per day ...