This week's offshore rig review focuses on the construction trends and costs that have shaped the competitive rig fleet over that last 30 years and those that are shaping it today. We recently spent ...

This week's offshore rig review looks at the combined Transocean-GlobalSantaFe fleet in comparison with other drilling contractor's fleets. With the recent announcement of the proposed merger of ...

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.

Recovery is a double-edged sword. Despite the healthier offshore rig market there are headwinds. Cost inflation plagues the industry. Materials, logistics and labour are pressure points throughout the ...

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 ...

Oil and Natural Gas Corporation (ONGC) is reportedly exploring partnerships with domestic shipyards to construct two offshore jack-up drilling rigs valued at approximately $500–550m, reported the ...

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 ...

DUBLIN--(BUSINESS WIRE)--The "Iran Rig Report "report has been added to ResearchAndMarkets.com's offering. Get a timely and comprehensive overview of the Iranian land/offshore rig activity and ...