In February 1982, the Ocean Ranger, the world’s largest semi-submersible oil rig, faced one of the most violent North ...

Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy -- including some strange sources being explored-- is still a long way away.

Ukrainian aerial drones struck a Russian oil platform in the Caspian Sea for the first time on Thursday, halting production at the facility owned by Lukoil , according to an official from Ukraine's ...

In the North Sea — between the United Kingdom, Norway and Denmark — thousands of flies swarmed an oil rig. Engineer Craig Hannah noticed... Why thousands of flies are on an oil rig in the middle of ...

Early one morning in March 2010, Captain Gary Jarvis cast a heavyweight line into the Gulf of Mexico from the deck of his 57 foot charter boat, Backdown 2. The sun hadn’t yet risen. But bright white ...

“As we have repeatedly seen in California and other parts of the country, offshore drilling is a ticking time bomb,” they continued. “Any expansion of offshore drilling in the waters off the coast of ...

Ocean Rig specializes in providing experienced offshore drilling capacity in ultra-deep water and harsh weather conditions. The Company owns and operates two of the world’s largest technologically ...

The number of active rigs targeting oil in the kingdom dropped to its lowest in more than two decades in July, according to Baker Hughes data. Image by champc via iStock The number of active oil rigs ...

Transocean (NYSE:RIG) operates a fleet of offshore drilling rigs, providing services mainly to oil and gas companies seeking to access reserves beneath deep or challenging waters. Its rigs include ...

An extraordinary general meeting of Norwegian rig company Ocean Rig today approved the company's financing solution. The meeting, held in Oslo, resolved to issue a convertible bonds loan of Nkr 934.2 ...