The largest of them reaches a height of 2001 feet and today we will see how it works. In 1995, American researchers conducted ...

Anschutz Exploration Corp. is already one of the largest oil producers in Wyoming. Now it’s pushing the industry by drilling ...

On crowded platforms, a small army labors to keep up the extraction of fossil fuels from the state’s oldest producing oil and ...

A gaggle of companies are searching the US Midwest for underground hydrogen fuel produced by a billion-year-old split in the ...

Transocean Ltd. RIG is one of the most well-known players in offshore drilling, focused on operating mobile rigs that help ...

The loan will be used to purchase new mobile drilling rigs with lifting capacities of 125 and 180 metric tons, the company said in a statement. KYIV (Reuters) -Ukraine's leading natural gas producer, ...

Ukraine's leading natural gas producer, state-run firm Naftogaz, will receive a 36.4 million euro loan from the European Bank for Reconstruction and Development to modernise its drilling equipment ...

How Deep Can Offshore Oil Rigs Drill? By ... These floating oil rigs are mobile and are fit for deeper, rougher waters. They in water between 1,600 and 10,000 feet and drill up to 6.2 miles.

Unit Corp. unveils highly mobile BOSS drilling rig The BOSS platform is much improved from rigs in use just 10 years ago, the company says.

The MoU with Seatrium will further expand CSL’s business portfolio and strengthen India's offshore drilling capabilities As of 31 March 2024, the company’s order book stood at approximately ...

The average price target for RIG stock is $5.86, ... Its primary operations involve contracting mobile offshore drilling rigs, related equipment, and work crews.