Drilling rig company Seadrill said in a court filing it postponed an initial hearing on its restructuring plan to Feb. 7, which sources told Reuters will give the company more time to consider ...

HUNTINGTON BEACH (CBSLA) – Despite receiving a warning that something was wrong, operators of an offshore oil rig appeared to wait more than three hours before shutting off a pipeline that leaked tens ...

About 77 pct of Songa shareholders have so far accepted deal. Transocean, one of the world's biggest drilling rig operators, has agreed a deal to buy Norwegian competitor Songa Offshore for 9.1 ...

HUNTINGTON BEACH, Calif. (CNS) -- The CEO of the company that owns the oil rig and underwater pipeline at the center of a massive leak off the coast of Huntington Beach insisted Wednesday the company ...

SALT LAKE CITY (KUTV) — Jacobsen Construction Company said the operator injured in a drill rig collapse Tuesday night is recovering in good condition. Spokesperson Amy Christensen said he has a small ...

Executives in the energy sector have had a wild ride over the past few years as oil prices have plummeted, then bounced. Difficult at times, surely, yet spare a thought for those running the listed ...

PORTLAND, Ore. — A 100,000 pound drill rig tipped over and pinned the heavy equipment operator inside near the Oregon Health and Science University campus in Southwest Portland Friday morning.

SALT LAKE CITY (KUTV) — The drilling rig that fell on State Street in downtown Salt Lake City and crushed two cars came within just feet of a nearby building with an upstairs apartment. Emergency ...

Three of the largest drilling rig operators in Texas are making budget cuts and bracing for the worst as a global glut of crude oil and falling demand due to the coronavirus pandemic are expected to ...