The Mobile Production Unit will be converted from a medium-sized drilling rig. Rex International Holding's subsidiary, Akrake ...

The indirect subsidiary Akrake is a wholly-owned by Lime Petroleum Holdings, which signed a contract for a modern built ...

Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs. As of April ...

Chinese offshore engineer Wison New Energies has secured a contract to carry out a feasibility study for a floating liquefied ...

Suncor Energy is on the hunt for a rig ... floating production, storage and offloading vessel. A plan to upgrade the FPSO, to ensure it could remain on location for more years to tap additional ...

If the dynamic positioning (DP) system went down on an offshore supply vessel, it could result in a collision. On a dive ...

A 75-year-old Soviet "floating city" is slowly crumbling into the sea, like a modern-day Atlantis. Neft Daşları or "Oil Rocks ... The rig originally consisted of just one drilling well and ...

Transocean Ltd. (NYSE: RIG) today reported a net loss attributable to controlling interest of $79 million, or loss of $0.11 per diluted share, for the three months ended March 31, 2025. First quarter ...

China is operating a fixed structure resembling an oil drilling platform in the Provisional Measures Zone (PMZ) of the Yellow ...

Analysts are estimating that Noble Corp will report an earnings per share (EPS) of $0.36. Investors in Noble Corp are eagerly ...

In November of 2020, a freak wave came out of the blue, lifting a lonesome buoy off the coast of British Columbia 17.6 meters ...

Comstock Resources stock remains high risk due to debt and cost uncertainties, but offers high reward potential. Click here ...