In February 1982, the Ocean Ranger, the world’s largest semi-submersible oil rig, faced one of the most violent North Atlantic storms ever recorded. The crew of 84 men trusted their floating fortress ...

RIO DE JANEIRO, Brazil (AP) The world s biggest floating oil rig sank in the South Atlantic on Tuesday, and the state oil company Petrobras said some of the 300,000 gallons of diesel fuel on board had ...

SINGAPORE, Jan 28 (Reuters) - Singaporean conglomerate Keppel Corp said on Thursday its struggling offshore and marine (O&M) segment will exit the rig-building business and shift its focus to ...

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

US President Donald Trump promised to ‘drill, baby, drill’. After a year in office, the US oil rig count is steadily ...

NEW YORK (Reuters) -U.S. energy firms this week added oil and natural gas rigs for the third time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The ...

The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday. The total rig count in the US ...