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Offshore rig

Oil&Gas Drilling
China makes breakthrough with its 1st gas turbine for offshore rigs
China has made a breakthrough in key technology by building its first gas turbine for offshore oil and gas rigs.The gas turbine, named Taihang-7, was launched o…
Oil&Gas Drilling
US Offshore Rig Count Moves up a Step
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States climbed a notch last week while the total number of rigs…
Oil&Gas Drilling
Nigeria, Angola Now Africa's Biggest Oil Drilling Markets – Report
Nigeria has caught up with Angola in the drilling of crude oil, as both nations are now the biggest crude oil drilling markets in Africa, data from the June 202…
Crude Oil
ADNOC Drilling Contract as UAE Steps up Oil & Gas Production
ADNOC Offshore awards US$980m contract for the hire of two jack-up offshore rigs and associated manpower and equipment.
Oil&Gas Drilling
U.S. Offshore Rig Count Stable at 14 Units
The number of active rigs in the U.S. remained unchanged over the course of last week, according to a weekly rig count report by Baker Hughes.
Oil&Gas Drilling
Worldwide Offshore Rig Count in August Down 74 Units Year Over Year
The worldwide offshore rig count in August 2020 dropped by 74 rigs year-over-year but is up 3 rigs sequentially, according to a report by Baker Hughes.
Oil&Gas Drilling
World’s Largest Offshore Rig Owner Files Bankruptcy
UK-based offshore drilling contractor Valaris has filed for bankruptcy protection in the United States, offering creditors to swap some $6.5 billion of its $7.8…
Oil&Gas Drilling
Demand For Offshore Oil Rigs To Return In 2022
Demand for offshore rigs will slump this year as a result of the pandemic and the low oil prices that are forcing offshore operators to delay drilling activitie…
Oil&Gas Drilling
U.S. Offshore Rig Count at 12 for Four Weeks Straight
The U.S. offshore rig count has remained flat for another week, making this the fourth week straight with 12 active units.
Oil&Gas Drilling
U.S. offshore rig count drops to 23
The number of offshore rigs in the U.S. slipped to 23 units over the last week, according to weekly rig count reports released by Baker Hughes on Friday, Decemb…