India's state-controlled Oil & Natural Gas Corporation (ONGC) has surprised the offshore drilling industry with a new tender for hiring up to five specialised deepwater rigs across three categories, ...

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ConocoPhillips (COP) said Tuesday it anticipates no impact to its Alaska drilling plans after a rig set for exploration and pre-drilling at its Willow development toppled over last month. The rig - ...

The number of oil and gas rigs actively drilling in the U.S. remained unchanged at 551, Baker Hughes reported Friday in its latest weekly survey. During the week ended February 13, drilling rigs ...

Total U.S. rig count remained at 551, with oil rigs down three and gas rigs up three. U.S. crude production rose to 13.713 million bpd, nearing an all-time high. Permian rig activity declined again ...

Offshore drilling contractor Transocean has secured contract awards and extensions totaling approximately $184 million for two of its harsh-environment semisubmersible rigs operating in Norway. The ...

Offshore drilling contractor Transocean has agreed to acquire Valaris in an all-stock transaction valued at about $5.8 billion, creating one of the world’s largest offshore drilling contractors with a ...