Growing up in Aberdeen, Scotland, the shadow of the Piper Alpha disaster loomed large over our community. The tragic ...

Oil rigs are massive industrial complexes crucial for meeting global energy demands through oil and gas drilling and production. But these sophisticated structures come at a steep price, whether built ...

Oct 4 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row, energy services firm Baker Hughes (BKR.O), opens new tab said on ...

Oil: Saudis Are Cutting? Well, U.S. Is Producing More and More By Barani Krishnan - Aug 19, 2023 93 U.S. crude production hits three-year highs for two weeks despite a 15% drop in drilling rigs.

The price to rent a deepwater drilling rig may climb to near record levels if demand from oil companies continues to increase in the coming years, according to the head of the world’s biggest ...

In the quest for efficiency and safety, companies such as Caterpillar are harnessing smart technology on drilling rigs to ...

NEW YORK (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. Brent crude ...

In 2010, 134 million gallons of oil spilled into the Gulf of Mexico, damaging an environmental habitat area larger than the ...

Baker Hughes’ data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil and gas industry. The number of active rigs and ...

The total U.S. rig count is made up of 488 oil rigs, 97 gas rigs, and five miscellaneous rigs, according to the count, which showed that the total U.S. rig figure comprises 523 horizontal rigs ...