Oil rig jobs can seem very appealing in any job market, but there are a number of harsh realities to working on them that ...

While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards.Main ...

As the world’s biggest offshore drillers gear up for more than $500 billion in new investments in the coming years, don’t expect rig contractors to meet the boom with a new round of vessel building.

In the Arabian Gulf, some of the region s richest pockets of marine life are forming in unexpected places: around the steel ...

BEIRUT — An offshore drilling rig arrived at its destination in the Mediterranean Sea off Lebanon’s coast and will start operations in the coming weeks to search for gas, cabinet ministers said ...

The U.S. Coast Guard said Sunday it had rescued three boaters from an offshore oil platform after their vessel sank near Freeport, Texas, Sunday."Coast Guard Sector Houston-Galveston watchstanders ...

OSLO, May 27 (Reuters) - Rental rates for offshore oil and gas rigs have rocketed higher, boosted by a race to lift production because of the war in Ukraine and a recovery in demand after the COVID-19 ...

Diamond Offshore Drilling reported better-than-expected Q4/2023 results and guided Q1 and FY2024 roughly in line with muted expectations. However, the recent Ocean GreatWhite incident is likely to ...

Noble Corporation's shares have risen by about 50% over the past year, reflecting the recovery in the offshore drilling sector. The company reported solid financial results, with adjusted EPS of $0.38 ...

Diamond Offshore Drilling Inc. said equipment on a rig under lease to BP Plc accidentally broke free during a storm and sank to the bottom off the UK coast. No one was injured and no crude leaked into ...