These systems have been used in depths of over 1000 meters. The two most unique offshore oil rigs are subsea systems and spar platforms. Subsea systems are, as you may guess, below the water line ...

An increasingly hot-button issue, oil rigs have become the physical embodiment of larger economic and environmental debates, garnering praise from conservative politicians and the ire of ...

The total U.S. rig count is made up of 473 oil rigs, 100 gas rigs, and three miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. total comprises 520 horizontal ...

A fire broke out on the Song Doc oil rig off Vietnam's southernmost province Ca Mau on Wednesday afternoon while it was being cleaned and dismantled as part of decommissioning efforts. According to ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...

A helicopter blade “narrowly missed” an oil rig worker after it broke while they were trying to secure the aircraft to a helipad during high winds, an investigation has found. According to an ...

Almost 10 years to the day after a massive oil spill fouled the Santa Barbara coastline and prompted the closure of several drilling platforms, a Texas-based company says it has resumed crude oil ...

Baker Hughes reported last Friday that active US oil rigs in the week ending May 16 fell -1 to 473 rigs, just above the 3-1/4 year low of 472 rigs posted on January 24. The number of US oil rigs ...