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 ...

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 (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 ...

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.

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 ...

Not only are offshore drilling rigs become smarter and more automated, they are becoming greener and more energy independent. Seadrill, an offshore drilling rig operator headquartered in Bermuda with ...

Houston drilling rig operator Patterson-UTI is bracing for a 60 percent drop in oil-field activity as it lost nearly a half-billion dollars in a first quarter hammered by the coronavirus epidemic. The ...

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 ...

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 ...

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 ...

Evidence of the economic devastation in the U.S. oil patch continued to grow Friday as a large drilling rig operator posted a multimillion-dollar loss and the number of operating rigs hit a historic ...

Offshore drilling rig crane operators are typically paid per day worked on rotation. Typical day-rate ranges by experience: Entry $380–$540; Mid-Career $520–$700; Senior $660–$900. Median annualized ...