Transocean added $745 million to its contract backlog in the last quarter, reflecting continued demand for offshore drilling rigs. The new contracts were revealed in the company’s… Read More

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Offshore drilling contractor Transocean has announced a three-year contract for its newbuild ultra-deepwater drillship Deepwater Aquila in Brazil. The contract was signed with a “natio… Read More

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oil Rig Accident: Dozens Injured, Several MissingA North Sea oil rig operated by Maersk Drilling has capsized after it was hit by a large wave during a storm, injuring dozens of workers and… Read More

Rig Explosion: One Dead, Many InjuredIn the early hours of Wednesday morning, an oil rig in the Gulf of Mexico exploded, killing one person and injuring several others. The cause of the expl… Read More

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Energy is a fundamental need, and industrial societies consume it in gargantuan and ever-increasing quantities. This consistent demand makes the sector attractive to investors, particularly… Read More

Offshore drilling contractor Transocean (NYSE: RIG) says it is seeing increased demand for its fleet of high-specification semi-submersible rigs and drillships, i.e. “floaters”… Read More

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State-run Oil and Pure Gasoline Corp. Ltd (ONGC) is ready to start oil manufacturing within the Krishna Godavari basin by June, mentioned Om Prakash Singh, ONGC’s director of e… Read More

The post Offshore Drilling Rigs Market is expected to witness Incredible Growth 2021-2031 appeared first on Newstrail.com authored by Global Insight Services Global Offshore Drilling Rigs&nb… Read More

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