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 ...

Helmerich & Payne said it received notices of contract suspensions for an additional nine rigs in Saudi Arabia, bringing the ...

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By John Lee. The Iraqi Drilling Company (IDC) is making steady progress on its project to drill 15 oil wells in the North ...

Offshore oil rigs are some of the largest structures on the ocean, they can operate at incredible depths and drill deeper than some airplanes fly. advertisement. SlashGear.

Last week the number of active drilling rigs in the US dropped by 10 as prices squeezed E&Ps. That drop brought the total U.S. oil-directed rig count down to 465, the lowest level since November ...

President Donald Trump wants to double the amount of oil coursing through Alaska's vast pipeline system and build a massive natural gas project, a top administration official said Monday.

There's a dizzying number of sides to the "big rig" transport proposal made by a Canadian oil company. Montanans have an array of environmental, social, political, tribal and economic concerns ...

DEADHORSE, Alaska--President Donald Trump wants to double the amount of oil coursing through Alaska’s vast pipeline system and build a massive natural gas project as its “big, beautiful twin ...

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