This photo shows a collapsed drilling rig, a heavy construction machine used to bore holes in the ground, leaning on a nearby apartment building at the site of a railway construction project in ...

It came just a day after the machine’s platform became destabilized and halted operations. The 25-tonne platform was reinforced with concrete and drilling resumed, but the machine broke down again.

As one of the biggest offshore drillers worldwide, Transocean (RIG) is navigating an industry downturn and substantial stock price slump. The company is reportedly discussing a potential merger ...

The total rig count fell to 748 this week—55 rigs higher than the rig count this time in 2022—still 327 rigs lower than the rig count at the beginning of 2019, prior to the pandemic.

Transocean Ltd.’s RIG semi-submersible drilling rig, Transocean Barents, is making its way to the Neptun Deep project for a 10-well drilling mission, marking a significant phase in Romania’s ...

ADNOC Drilling will acquire a 70% stake in oil services firm SLB's onshore rig business in Oman and Kuwait for up to $112 million, creating a joint venture it seeks to double in the next year, its ...

The Sandvik BEV is the first electric drill rig in its size class, and is capable of boring holes up to 229 mm (9 inches) in diameter.

A powerful new drilling machine is slowly making progress to rescue 40 workers trapped in a tunnel in Uttarakhand, India for over 100 hours.

Hard rock mining equipment manufacturer Sandvik is working with Swedish mining company Boliden AB to test and develop a new, battery electric surface drill rig concept at Boliden’s Kevitsa mine.

The offshore driller announced the sale of the Valaris 75 jack-up rig, which has been out of service for the past five years in the Gulf of Mexico. The jack-up rig was sold to an undisclosed operator.