Explore what topside means for offshore rigs. Understand its structure, key components, and importance in oil extraction ...

This week's offshore rig review looks at the combined Transocean-GlobalSantaFe fleet in comparison with other drilling contractor's fleets. With the recent announcement of the proposed merger of ...

While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards. One of the biggest talking points of 2024 and 2025 was Saudi Aramco’s ...

The boat was slicing through choppy waves many miles out to sea when the cry went out and fingers pointed the captain toward a patch of blue water, boiling with gray froth. It was a pogie ball, a ...

(Reuters) - Diamond Offshore Drilling Inc , one of the world's top five offshore rig contractors, reported a better-than-expected quarterly profit as it cut drilling costs and hiked prices, sending ...

This week's offshore rig review examines the beginning of what may be a significant downward trend in jackup utilization. Worldwide offshore rig utilization moved down again this week, moving back ...