As junior oil and gas companies Pilot Energy and Triangle Energy enter voluntary administration, an aging oil rig is sitting ...

CABIMAS, Venezuela, Feb 19 (Reuters) - In September, a rig used to drill wells in shallow waters completed the long trip from China to Venezuela's oil-producing region of Lake Maracaibo. The passage ...

NUIQSUT — To an untrained eye, the endless expanse of Alaska’s North Slope tundra looks empty. The flat landscape, only broken up by ice formations shaped by the wind blowing in from the Beaufort Sea, ...

Police officers escort tanktainers loaded with crude oil from the Ngamia 8 Oil Well in Nakukulas, Turkana County. [File, Standard] Gulf Energy, the firm that last year took over the Turkana oil ...

China has launched the world's first 16-MW floating wind turbine designed to power offshore oil production, supplying clean electricity to the Lufeng oil fields and cutting emissions and fuel use.

Rig count still 6% below last year's level, Baker Hughes reports Permian Basin rig count falls to lowest since September 2021 EIA projects crude output rise despite forecasted price decline in 2025 ...

A winter oil-drilling campaign planned by ConocoPhillips will proceed without interruption despite the dramatic wreck of an oil rig over the weekend. Doyon 26, claimed to be the largest mobile oil ...

The Arab Shipbuilding and Repair Yard Company (ASRY) has completed its 200th offshore rig project following the delivery of the VALARIS 250 (Bob Palmer) offshore rig project. The milestone was marked ...

Oil rigs, particularly the offshore type, are one of the most fascinating parts of the global energy industry. How do they work? How big can they get? Do they float on water? It's not surprising that ...