The Drilling Rig Market is poised to grow from USD 86.92 billion in 2025 to USD 140.75 billion by 2033, recording a CAGR of 6 ...

One of the biggest talking points of 2024 and 2025 was Saudi Aramco’s suspension of 36 jackups from April 2024, but by 3Q 2025 21 units had been re-deployed into other regions of the world. Fast ...

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.

Offshore drilling company expands fleet capabilities across complex deepwater projects globally; Brokerage coverage reflects mixed sentiment across offshore energy ser ...

The offshore rig market is experiencing a period of rapid growth, driven by notable advancements in Guyana, Brazil, and the Middle East, infill drilling activities in West Africa, and renewed ...

Transocean Ltd. on the NYSE Composite operates a global offshore drilling fleet, with recent market activity, derivatives ...

Innovators are developing creative ways to give old infrastructure a second life. Credit: Andrey Suslov via Shutterstock. Around the world, thousands of offshore oil and gas platforms are reaching the ...

April 24 (Reuters) - Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a better-than-expected quarterly profit as it cut drilling costs and hiked prices, ...

India’s Oil & Natural Gas Corporation (ONGC) is set to hand out awards for up to five offshore rigs across two categories, as it moves to secure long-term drilling capacity amid a tightening rig ...