and transport offshore oil. A major deposit, known in the trade as an “elephant,” can produce up to 20,000 barrels a day for years. So a single rig can produce revenues of about $550 million ...

Transporting massive cargo like oil rigs, cruise ships, and even other ships requires something extraordinary—semi-submersible heavy transport vessels. These engineering marvels, like the BOKA ...

The rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 304 rigs ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...

Minecraft player showcases intricate oil rig build, encompassing attention to detail using in-game items. Impressive oil rig includes a detailed interior and took only two weeks to build.

The total U.S. rig count is made up of 480 oil rigs, 100 gas rigs, and six miscellaneous rigs, according to the count, which revealed that the U.S. total comprises 523 horizontal rigs, 50 ...

Vietnamese naval vessels and Chinese ships collided in the South China Sea yesterday as Hanoi sought to prevent Beijing setting up an oil rig in an area claimed by both nations. A Vietnamese ...

Friday March 07, 2025 - Texas had the highest oil and gas payroll in the country in 2024, according to TIPRO's latest State of Energy report.

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, energy services firm Baker Hughes said in its closely followed ...