OMV Petrom let a rig contract to drill exploration wells in the Black Sea. The wells will be drilled on 1-21 Han-Asparuh block. OMV Petrom has let a rig contract to Noble Corp. for the Globetrotter I ...

Canadian Natural Resources Limited (NYSE:CNQ) is included among the 12 Best Oil and Gas Dividend Stocks to Buy Now. Canadian Natural Resources Limited (NYSE:CNQ) has increased its dividend for 25 ...

The company that recently reported promising early results from an offshore gas exploration well in Poland has announced the ...

The number of total oil and gas drilling rigs in the US gained 7 to 544, rising for the first time in 12 weeks and posting the biggest weekly increase this year, Baker Hughes said.

Petróleo Brasileiro – Petrobras (NYSE:PBR) is one of the best low priced energy stocks to buy now. On July 10, Norwegian ...

North America dropped five rigs week on week, according to Baker Hughes' latest North America rotary rig count.

Built to withstand extreme conditions and house hundreds of people, the size, complexity, and location of oil rigs makes dismantling them a massive task.

If you've ever seen an offshore drilling rig, you know they're absolutely massive. But are these huge rigs, which are essential for oil production, built?

Interior said Friday that a rule implemented in 2024 to impose supplemental financial bond requirements on offshore drilling companies in shaky financial shape had made it more difficult for ...

The offshore drilling rig market is facing a challenging 2025 as dayrates continue to soften amid sluggish demand, but a potential 2026 recovery driven by tighter rig supply and rising offshore ...

This repetitive footage from the 1980s offers a detailed and consistent view of an oil platform stationed in the water. The imagery captures the towering structure from multiple angles ...