Modern offshore oil rigs are engineering wonders designed to accommodate massive crews and operate in some of the most hostile environments on Earth. As the demand for oil drives exploration into ...

Offshore Drilling Rigs Market Insights: From 2022 to 2030, the market for Offshore Drilling Rigs is anticipated to expand at a CAGR of 6.63%. Within the projection period, the Offshore Drilling Rigs ...

You can see it from a mile away, an oil derrick sticking up from between the jumble of metal buildings, cranes and concrete silos that line the Houston Ship Channel. The newly built derrick, the first ...

Even though more than 1,000 rigs are inactive in the US, drilling contractors are building new land rigs to satisfy operator demand for improved technology. In the case of Nabors Drilling USA LP, ...

Eleanor has an undergraduate degree in zoology from the University of Reading and a master’s in wildlife documentary production from the University of Salford.View full profile Eleanor has an ...

Abstract:Combining automated pipe handling and drilling capabilities with lighter weight materials is a natural extension of today's "systems" approach to solving exploration and production (E&P) ...

Oil prices remain strong, surpassing $80/bbl this year, keeping operators motivated and contract drillers busy despite depressed natural gas prices. Worldwide use of drilling rigs continued to ...