The rig will be used by MOL to perform drilling of three development wells in the offshore Yumna Field in Block 50, Oman.

As an oil operator, things change day to day. I’m often putting on various hats multiple times a day and sometimes even in ...

The Department of Environmental Conservation said it has been unable to get close to the wreckage due to worries that metal from Rig 26 might fall on response team members.

The rig dubbed “The Beast” crashed to the ground while being moved Friday amid an ongoing winter exploration program in the ...

If you are new to the oil and gas industry, most things look the same at first: pipes, heavy steel, and big equipment. But ...

Idled oil rigs off the California coast could be back up and running soon if the federal government has its way. The Trump administration recently proposed a plan to open up the entire coast to new ...

Ukraine struck three Russian oil rigs operating in the Caspian Sea on Sunday following Moscow’s large-scale bombardment over the weekend that left thousands without heat or power in Kyiv. Footage ...

Add Yahoo as a preferred source to see more of our stories on Google. Ukraine struck three Russian oil rigs operating in the Caspian Sea on Sunday following Moscow’s large-scale bombardment over the ...

Footage released by Ukraine’s Special Operations Forces (SSO) revealed the moment Kyiv launched three separate explosive drones overnight targeting drilling platforms belonging to Lukoil, one of ...

Note: Data shows estimates of proven oil reserves for 2025. Source: Oil & Gas Journal. The New York Times By Stanley Reed Reporting from London Venezuela’s oil industry would “make a lot of money” ...

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 ...

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