Massive, offshore rigs the size of skyscrapers remain at sea around the world. Here's why these environmentalists say some should be left alone. An oil rig in the Gulf of Mexico, off the coast of ...

The price to rent a deepwater drilling rig may climb to near record levels if demand from oil companies continues to increase ...

U.S. energy firms this week added oil and natural gas rigs for the first time in five weeks in the biggest weekly rise in a ...

Oilfield services firm Baker Hughes said Friday its U.S. rig count surged eight rigs — the biggest weekly rise since ...

In Dredge: The Iron Rig, players will interact with a modified offshore drilling platform, similar to a large offshore oil ...

Learn why Transocean's stock is near 52-week lows despite record dayrates, insider buying, and new contracts after non-cash ...

Offshore drilling operators, in particular, feel the pinch of lower prices because demand for rigs drops, and falling dayrates can put those companies underwater. I think the oil space will be ...

Seadrill announces collaboration with Oil States International to enhance offshore managed pressure drilling operations.

A year ago, 320 rigs were active in the region. Nationally, the oil and gas rig count is down one from last week at 582 rigs. A year ago, 632 rigs were active. The count shows that 483 rigs sought ...

NEW YORK, Sept 13 (Reuters) - Oil prices fell on Friday as U.S. Gulf of Mexico crude production resumed following Hurricane Francine and rising data showed a weekly rise in U.S. rig count.

Recently, Chief Executive Officer of Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, disclosed that the country’s oil rigs had increased to 30, from 11 in 2011.