This as-told-to essay is based on a transcribed conversation with Kailem Donovan, an offshore rope access rigger who works on oil rigs in the North and Baltic seas. It has been edited for length ...

Idle time for a drilling rig costs about $250,000 an hour. AI is being embraced across the industry to ensure it doesn’t ...

Analysts and top offshore drilling executives say that offshore rig utilization and day rates are also rising in a market that is expected to tighten going forward. In one of the latest outlooks ...

Recent museumgoers describe the Ocean Star Offshore Drilling Rig and Museum as "fascinating," "fun" and "interesting." The museum is located on a retired oil rig in the Galveston Channel and ...

Fintel reports that on December 6, 2024, JP Morgan upgraded their outlook for Transocean (NYSE:RIG) from Underweight ... leading international provider of offshore contract drilling services ...

India’s demand for jack-up rigs has been fairly consistent over the past few years, as state-owned giant Oil & Natural Gas Corporation (ONGC) continues to spend heavily on multiple offshore ...

Shallow-water drilling contractor Shelf Drilling has received a notice of suspension of operations for one of its jack-up drilling rigs operating in Saudi Arabia. Approximately 29 jack-up drilling ...