Offshore oil rigs are among the most complex structures ever built, designed to operate in some of the harshest conditions on Earth. This video explores how engineers design, transport, and assemble ...

Transocean is positioned as a structural beneficiary of a secular offshore drilling upcycle, driven by deep supply-demand imbalances. See why RIG stock is a Buy.

Add Yahoo as a preferred source to see more of our stories on Google. Divers explore a coral reef growing on the legs of an oil platform in the Gulf of Mexico. (Andy Lewis/Texas Caribbean Charters) A ...

Offshore drilling company expands fleet capabilities across complex deepwater projects globally; Brokerage coverage reflects mixed sentiment across offshore energy ser ...

Ukraine struck three Russian oil rigs operating in the Caspian Sea on Sunday following Moscow’s large-scale bombardment over the weekend that left thousands without heat or power in Kyiv. Footage ...

SapuraOMV Upstream, the Malaysian-Austrian joint venture company, is preparing to drill an oil exploration well offshore Western Australia. The Kuala Lumpur-headquartered operator confirmed to ...

Petrobras has signed a deal worth more than $1.1 billion to hold on to a pair of Ocean Rig drilling units long term. The Brazilian state player has extended its charter of the drillship pair Ocean Rig ...