Transocean Ltd (NYSE: RIG) provides offshore contract drilling services for the oil ... sleep there for two to three weeks at a time in the living quarters that are usually outfitted with a ...

Providing a very stable drilling environment, in comparison to other types of offshore drilling rigs, jackups can drill in waters up to 350 feet deep. Once drilling is required in waters that are ...

Ten days is an extreme example, but ultimately, the way to avoid unplanned downtime is to have already prepared for it in the first place. No matter how pristine the condition of equipment and crew, ...

The offshore drilling rig market is facing a challenging 2025 as dayrates continue to soften amid sluggish demand, but a potential 2026 recovery driven by tighter rig supply and rising offshore ...

These operators offer drilling rigs (both land-based/onshore and offshore), equipment, services and manpower to exploration and production companies worldwide. Drilling for hydrocarbons is costly ...

The rigs included 575 land drilling rigs, three inland water drilling rigs, and 14 offshore drilling rigs. Of them, 50 were directional drilling rigs, 529 were horizontal drilling rigs and 13 were ...

Noble Corporation has secured a contract extension with Brazilian state-controlled oil company Petrobras for a drilling rig operating offshore Colombia. Petrobras has so far unlocked in place ...