When you think about offshore oil rigs, what comes to mind is what you may have seen in movies -- skeletal towers in the middle of a vast sea, some flares cutting through the darkness, and a crew that ...

Discover how human perceptions of height have evolved, from the awe and fear surrounding the Empire State Building’s 1250-foot peak to the astonishing scale of today’s offshore oil rigs. This video ...

RIO DE JANEIRO, Brazil (AP) The world s biggest floating oil rig sank in the South Atlantic on Tuesday, and the state oil company Petrobras said some of the 300,000 gallons of diesel fuel on board had ...

(Reuters) -U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row for the first time since February, energy services firm Baker Hughes said in its closely followed ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The total number of active drilling rigs for oil and gas in ...

Oil prices moved up modestly Wednesday after Baker Hughes reported a big weekly drop in the number of active U.S. oil rigs.

US oil and gas drilling rig activity increased this week with the addition of 7 rigs, bringing the total working rigs to 549. This week’s count, however, is down 38 rigs from the comparable period a ...

The total number of active drilling rigs for oil and gas in the United States fell sharply this week, according to new data ...

SINGAPORE, Jan 28 (Reuters) - Singaporean conglomerate Keppel Corp said on Thursday its struggling offshore and marine (O&M) segment will exit the rig-building business and shift its focus to ...