Valaris Ltd, the Bermuda-headquartered offshore drilling company, has agreed to sell its jack-up rig Valaris 247 to BW Energy for approximately $108 million in cash. The sale is expected to close ...

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 ...

THERE were increased concerns over the implementation of Nigeria’s 2025 budget, weekend, as oil price dropped further to $59 per barrel from more than $70 per barrel, the lowest this year. This ...

ADNOC Drilling has secured a major $806 million contract from ADNOC Offshore for three new-generation island rigs to support the expansion of the offshore Zakum development, the company announced ...

Fraser Palamara is joined in the studio with Golden Mile Resources (ASX:G88) managing director Damon Dormer to dive into the details of a maiden drilling campaign now underway at the Pearl copper ...

US 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 said in its closely followed report on Friday. The ...

The world's worst offshore disaster was on the Piper Alpha rig in 1988 when 167 men died. Oil production has slowed in the past decade but new discoveries are still being made in the North Sea.

Photo: PTI Kancheepuram (Tamil Nadu): Rig Vedic scholar from Andhra Pradesh Sri Satya Chandrashekarendra Saraswathi Shankaracharya was anointed as the junior pontiff of the ancient Kanchi Kamakoti ...

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 ...

Kancheepuram (Tamil Nadu), Apr 30 (PTI) Rig Vedic scholar from neighbouring Andhra Pradesh Sri Satya Chandrashekarendra Saraswathi Shankaracharya was anointed as the junior pontiff of the ancient ...

This Rig Vedic scholar from Annavaram Kshetra in Andhra Pradesh, had served at Sri Gnana Saraswathi Devasthanam, Basara, Nirmal district, Nizamabad, Telangana. He completed his studies in ...

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 ...