This week's offshore rig review focuses on the construction trends and costs that have shaped the competitive rig fleet over that last 30 years and those that are shaping it today. We recently spent ...

Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy -- including some strange sources being explored-- is still a long way away.

Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. The transaction implies a combined enterprise value of ~$17B based on the stock’s most recent closing ...

Transocean Ltd. on the NYSE Composite operates a global offshore drilling fleet, with recent market activity, derivatives ...

While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards. One of the biggest talking points of 2024 and 2025 was Saudi Aramco’s ...

Oil rigs, particularly the offshore type, are one of the most fascinating parts of the global energy industry. How do they work? How big can they get? Do they float on water? It's not surprising that ...

If the federal Bureau of Ocean Energy Management gets its way, 19.88 million acres of Eastern Gulf will be opened to offshore drilling. Eastern Gulf offshore rigs could be as close as 100 miles south ...