News

The total number of active drilling rigs in the United States increased this week, driven by a rise in gas rigs, even as oil ...
CEO William Andrew Hendricks stated that “the second quarter saw several macro events take place that raised the volatility in the oil markets.” He highlighted that oil prices fluctuated between the ...
Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes ...
Offshore-Oil-Drilling-Rigs News: Norway Oil Workers Threaten To Strike, Keppel Posts Lower Q2 Profit, Warns On Rig Outlook, Keppel Shuts Down Three Yards In. Tuesday, July 16, 2024.
The total number of active drilling rigs for oil and gas in the United States saw no change week, ... The number of oil rigs fell by 2 this week to 480—down by 24 compared to this time last year.
FILE – A large plume of smoke rises from fires on BP’s Deepwater Horizon offshore oil rig in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana’s tip on April 2010.