Jack-up rigs are used in shallow waters up to around 500 feet and can drill beyond 5.6 miles. Their long legs — which reach the seabed and elevate the platform above the surface — offer a ...

At latitude 71.3 north, it will be 140 miles closer to the pole than Russia's Prirazlomnoye platform in the eastern Pechora Sea—the only other offshore rig currently producing oil in Arctic waters.

Norway-based Tampnet, a notable player in offshore private 5G, has a major new multi-site gig with oil firm Aker BP, and a ...

The Chinese Room's impressively choreographed oil rig horror Still Wakes the Deep is making a return, in a brand-new bit of story DLC that'll pick up the action almost a decade after the events of ...

Associated gases put oil rigs in a real lose-lose scenario: burning the gas is an environmental hazard of its own, but the alternative — venting the gas directly into the atmosphere — is just ...

CNOOC has installed its largest and heaviest offshore platform in the Bohai Sea and started production at a new South China Sea field, underscoring its record-breaking momentum in domestic oil and ...

The development, boosted by MI Holding's 2016 investment, aims to tap into an estimated maximum 74 million barrels of oil ...

US oil and gas drilling activity slipped by a single unit this week, leaving 554 rigs running. Canada gained a unit, ending the week with 139 total rigs working.

Something went terribly wrong on that Mexican oil rig - find out what really happened beneath the surface. Fox News poll spells bad news for Donald Trump's "Big, Beautiful Bill" ‘Common Side ...

With a height of 22.8 meters and a design weight exceeding 20,000 metric tons, it represents the heaviest and largest offshore oil and gas platform in the Bohai Sea.

Kikeh is a prestigious field as it was Malaysia's first deepwater oil project, hosting the country's first deepwater FPSO alongside its first and only Spar platform. As the contract for the ...

Energy-dedicated software-as-a-service firm Enverus said its U.S. rig count was down four rigs to 553 for the week ended June 13. That’s down 35 rigs or 6% from 588 a year earlier.