Santa Fe Rig 5, on location in the Al-Abdai field of northern Kuwait, has drilled 34 wells since 1991. Its rated depth is 25,000 ft and, its mast is capable of handling hook loads up to 1.5 ...

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.

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.

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.

European oil giants seeking to hire offshore rigs in Brazil Bnamericas Published: Friday, June 20, 2025 Natural Gas Upstream Company Drilling rigs Midstream Company Crude oil Show 6 More ...

Youssef Salem, CFO at ADNOC Drilling, delves into the strategic importance of the deal and offered insights into what lies ahead for the company.. Conversation: ADNOC Drilling CFO on the $806M ...

A deadly explosion aboard the Piper Alpha oil rig leaves the surviving crew scrambling to reach the evacuation helipad. But when they get there, they are stunned to find flames and smoke everywhere.

Crude oil prices initially soared by +11% after news that Israel launched a major military strike on Iran, although prices have since fallen back and are currently up about +6%.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest since November 2021, energy services firm Baker Hughes said in its closely ...

The oil rig count fell by three to 439 this week, its lowest since October 2021, while gas rigs slipped by one to 113. In other markets, stocks dived and there was a rush to safe havens such as ...

Which brings us to Siren's Rest, the newly announced DLC for The Chinese Room's oil rig horror game Still Wakes the Deep: That's right, it's going underwater.