Designed to assist offshore oil rigs, it cost around 2.97bn dollars to build. The world's largest crane ship, which is capable of lifting oil rigs, has set sail from its shipyard in South Korea ...

According to data from Baker Hughes BHI, the number of rigs drilling for oil and gas has fallen by about 20% in the past year. This decline reversed a steady increase that began after the rig ...

The U.S. oil rig count increased by 5 this week, reaching 482. Crude oil prices fell despite OPEC+ extending production cuts. U.S. crude oil production hit a record high of 13.513 million bpd.

Dec 6 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in eight weeks, energy services firm Baker Hughes (BKR.O), opens new tab said in its closely ...

The Mar del Plata branch of Argentina's General Labor Confederation Union sent a note to the Courts requesting all precautionary measures stopping offshore oil exploration be lifted so that the ...