Modern offshore oil rigs are engineering wonders designed to accommodate massive crews and operate in some of the most hostile environments on Earth. As the demand for oil drives exploration into ...

This weeks offshore rig review looks at the recent developments and deepwater discovery in Mexico that may drive changes in Pemex's long term strategy. The last several weeks have seen some ...

LOS ANGELES, March 19, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) and Crazy Boat Pictures Ltd. today announced the wide release of "Deep Sky," an IMAX® Original documentary about NASA's Webb ...

Transocean Ltd. RIG has officially commenced operations for British energy major BP p.l.c. BP in the Gulf of America (formerly the U.S. Gulf of Mexico). This milestone marks the beginning of a ...

ENSCO has entered into a drilling contract with two large independent oil companies to provide a new ultra-deepwater semisubmersible drilling rig, to be named ENSCO 8501. ENSCO International ...

Transocean Ltd.’s RIG semi-submersible drilling rig, Transocean Barents, is making its way to the Neptun Deep project for a 10-well drilling mission, marking a significant phase in Romania’s offshore ...

Deepwater drilling contractors are queueing up to compete for a mighty five-year contract with Inpex in the Ichthys area offshore northern Australia. Average dayrates for deepwater rigs — either ...