ONGC currently has 113 drilling rigs, including 38 offshore rigs with more being added. It also has about 90 workover rigs. The company owns about a fifth of the drilling rigs it currently uses ...

On the back of improving conditions in the offshore rig market, Singaporean asset manager and operator Keppel has set out to secure control over 13 legacy rigs held by Rigco Holding (Asset C) as part ...

After hours: November 29 at 4:57 PM EST ...

Offshore drilling contractor Constellation has secured a $130 million contract with Brava Energia for its Lone Star ultra-deepwater semi-submersible rig for work offshore Brazil. The contract is for a ...

Shallow-water drilling contractor Shelf Drilling has received a notice of suspension of operations for one of its jack-up drilling rigs operating in Saudi Arabia. Approximately 29 jack-up drilling ...

India’s demand for jack-up rigs has been fairly consistent over the past few years, as state-owned giant Oil & Natural Gas Corporation (ONGC) continues to spend heavily on multiple offshore ...

Keppel will also have control of S$843 million of cash in Asset Co as at end September 2024, which it can utilize to complete the unfinished rigs. Keppel has no intention of re-entering the offshore ...

Of the total U.S. rig count of 583, 568 are categorized as land rigs, 13 are categorized as offshore rigs, and two are categorized as inland water rigs. This total rig count is made up of 479 oil ...

Because Holly is already owned by the state, not an oil company, its transition could illuminate how to evaluate the fate of rigs worldwide based on science, not politics. Most of the offshore oil ...

Of the total U.S. rig count of 584, 568 are categorized as land rigs, 14 are categorized as offshore rigs, and two are categorized as inland water rigs. This total rig count is made up of 478 oil ...

The company has already deployed over 20 rigs, including one offshore rig, Rath added. Oil India is also searching for an additional offshore drilling rig for the Kerala-Konkan basin, alongside ...