Baker Hughes reported last Friday that active US oil rigs in the week ending November 22 rose +1 rig to 479 rigs, just above ...
Arabian Drilling Company's independent leg jackup rig AD19, formerly the Sedneth 202, collapsed and sank offshore Saudi Arabia following an accident that occurred as the rig was being positioned ...
Venezuela's Energy and Oil Minister, Rafael Ramírez ... causing it to keel over and sink. But he said a tube connecting the rig to the gas field had been disconnected and safety valves activated ...
Oil prices took a sharp dip Friday, with Brent crude falling to $71.12 per barrel and WTI to $67.20. Concerns over a supply ...
An oil rig in the Gulf of Mexico that caught fire after an explosion on Tuesday night has now sunk, the US Coast Guard has said. A search is continuing for 11 missing workers after the blast at ...