Jack-up rigs are typically used for shallow-water oil and gas drilling operations. Valaris Ltd operates a global fleet of drillships, semisubmersibles and jack-up rigs.

A routine task turned into a financial catastrophe. This oil rig was worth $350 million - until workers made a fatal mistake. Federal judge says results of North Carolina court race with Democrat ...

Funding of the budget was benchmarked on $75 per barrel and more than two million bpd, including condensate. Also, in its April 2025 Monthly Oil Report, the Nigerian Upstream Petroleum Regulatory ...

US drillers cut the number of oil rigs operating for the first time in three weeks, data from oilfield services provider Baker Hughes showed. The oil rig count, an early indicator of future ...

US drillers cut the number of oil rigs operating for the first time in three weeks, data from oilfield services provider Baker Hughes showed. The oil rig count, an early indicator of future output, ...

May 2 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes (BKR.O), opens new tab said ...

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...

June WTI crude oil (CLM25) Wednesday closed down -2.21 (-3.66%), and June RBOB gasoline (RBM25) closed down -0.0393 (-1.91%). Crude oil and gasoline prices on Wednesday extended this week’s ...

Some of the biggest US shale-oil producers plan to slash about 4% of their drilling rigs by the end of the year, according to a survey from one of the largest providers of the equipment. The ...

Oil prices plunged over 15% in April, marking the steepest monthly drop since November 2021 amid rising recession fears. Natural gas futures test $3.402 resistance; breakout could target $3.517 ...

The best Lego space sets include huge replicas of NASA shuttles and fun-loving Martian playsets for kids. We've rounded up our favorites. When you purchase through links on our site, we may earn ...