It might not be a great time to start offshore drilling, with oil prices as depressed as they are, but it might just be a great time to buy an offshore drilling rig for a cut-rate price—in fact, you ...

One Royal Dutch Shell offshore drill rig is headed to Alaska and a second is poised to leave, despite lacking final federal permits that would allow exploratory drilling and possible confirmation of ...

The oilfield services company Weatherford has completed the second in a series of four closings to sell its Middle Eastern drilling rig subsidiary. Weatherford, which has its main operations in ...

With five active drilling rigs currently operating in Garfield County, the final Northwest Oil and Gas Forum of 2018 included an update from some local operators Thursday. The forum, held at Colorado ...

RIO DE JANEIRO, May 17 (Reuters) - Maersk Drilling sold two oil drilling rigs to U.S.-based energy infrastructure company New Fortress Energy Inc (NFE.O), opens new tab (NFE) which it will convert ...

WASHINGTON — Drilling rigs were returning to the scene of the Deepwater Horizon oil catastrophe Saturday after Tropical Storm Bonnie weakened and no longer posed a threat to efforts to kill the ...

Shelf Drilling's jack-up drilling rig Shelf Drilling Perseverance is en route to Vietnam for its latest charter after its departure from a Singapore yard last week. The rig has been contracted for a ...