I had an interesting conversation last week with one of our readers, Sal from Louisiana, who works on an offshore oil rig in the Gulf. This is certainly a "dirty job" but I was impressed by how these ...

The Norwegian owners of two state-of-the-art deepwater drilling rigs are working hard to secure new contracts for the units which are currently unemployed despite their excellent track records and ...

Leading offshore driller Borr Drilling Limited has announced an eagerly-awaited maiden contract for its last idle jackup rig "Hild." Adjusted for mobilization and demobilization fees, I would estimate ...

May 10—The Occidental Petroleum Co.'s first quarter highlights included the first-of-its-kind deployment of a fully electric well service rig in the Permian Basin. Oxy President-CEO Vicki Hollub ...

Offshore drilling company Valaris has announced contract extensions for one of its drillships and four jack-up rigs. TotalEnergies exercised an option on the DS-15 drillship, which has been operating ...