Total U.S. rig count remained at 551, with oil rigs down three and gas rigs up three. U.S. crude production rose to 13.713 million bpd, nearing an all-time high. Permian rig activity declined again ...

The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday, keeping the total rig count in the ...

The number of oil and gas rigs actively drilling in the U.S. remained unchanged at 551, Baker Hughes reported Friday in its latest weekly survey. During the week ended February 13, drilling rigs ...

In March 2001, the P36 oil platform suffered a chain of failures that began with a sealed tank, untrained contractors, and a buildup of gas no one noticed in time. When the tank ruptured, compressed ...

Saipem has launched a state-of-the-art Drilling Training Centre featuring a full-scale simulator designed to deliver ...

Decades of offshore oil drilling left behind massive steel structures no one wanted to deal with. When environmental risks, safety concerns, and legal pressure finally converged, governments and ...

Add Yahoo as a preferred source to see more of our stories on Google. An abandoned and inoperative oil pumpjack stands in the oil-rich Maracaibo region of western Venezuela. The pumps that brought ...

Feb 9 (Reuters) - Oilfield services firm Transocean said on Monday it would acquire peer Valaris (VAL.N), opens new tab in an all-stock deal valued at $5.8 billion, expanding its exposure across ...

This is read by an automated voice. Please report any issues or inconsistencies here. President Trump has vowed to bring back Venzuela’s once-booming oil industry. But that will likely be a long slog.

Exciting news! Fugro is on board for the Oriel Wind Farm project in Ireland, performing vital geotechnical surveys.  #Fugro ...