"It has the potential to enable the U.K. to take a giant step forward by building the next generation of projects further out ...

In a bold move that merges innovation with luxury, Saudi Arabia is set to welcome the world's first floating theme park, aptly named The Rig. Spearheaded by the Oil Park Development Company (OPDC ...

When fully elevated, it appears like a cross between an oil rig and a floating ship. A similar, larger jack-up barge, the MPI Adventure, has been carrying out routine maintenance at the Rhyl Flats ...

The families are pushing for a new inquiry into the disaster which killed 123 people in 1980. | ITV News Border ...

The price to rent a deepwater drilling rig may climb to near record levels if demand from oil companies continues ... flat demand growth industry wide for floating drilling rigs next year followed ...

A former oil rig lifeboat that worked on the Irish Sea has been transformed into "tiny floating home". Johnny Sturgeon, originally from Skipton, started the renovation 18 months ago and is now a ...

Esgian highlights several new contracts in its Week 39 Rig Analytics Market Roundup.Report SummaryContractsMarket sources ...

Vantage Drilling has agreed to sell its 375-ft jackup rigs Soehanah and Topaz Driller to ADES International Holding for $190 million. Seoul-based SK Earthon, SK Innovation’s oil and gas ...

Now, semisubs are the most stable of any floating rig, many times chosen for harsh conditions because of their ability to withstand rough waters. A semisubmersible is a MODU designed with a ...

These structures are ideal for more shallow water. But, the majority of oil rigs are designed to float. There are several different kinds of platforms that float, including Tension Leg Platforms.

Michigan’s oil industry may not be front and center, but it remains active with over 9,300 wells across the state. However, ...

The massive 2010 oil spill damaged or killed coral in the Gulf of Mexico. Now some of the $20 billion settlement is helping ...