California politicians and local activists heavily criticized the Trump administration’s plan to lease coastal waters for ...

Explore what topside means for offshore rigs. Understand its structure, key components, and importance in oil extraction ...

Dozens of concerned citizens, community advocates and elected officials gathered at Pensacola Beach on Saturday to oppose oil ...

Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy -- including some strange sources being explored-- is still a long way away.

Constraints on natural resources, legal complications and a cautious oil and gas industry have muted enthusiasm around ...

Dubbed the “Marine Fisheries Habitat Protection Act,” the bill authored by Rep. Mike Ezell (R-Miss.) would attempt to ...

A House hearing on a bipartisan bill promoting the use of decommissioned offshore oil rigs as artificial reefs instead ...

Idled oil rigs off the California coast could be back up and running soon if the federal government has its way.

Adnoc Drilling has won two offshore jack-up rig deals worth a combined $1.15 billion for 15 years from compatriot Adnoc Offshore. The jack-up deals will bring in “accretive rates that generate ...

This week's offshore rig review looks at the combined Transocean-GlobalSantaFe fleet in comparison with other drilling contractor's fleets. With the recent announcement of the proposed merger of ...

As 2014 draws to a close, it will be remembered as an absolutely awful year for the offshore drilling industry. As we see in the chart below, the best performing offshore drilling stock is off 44% ...

Seadrill trades below its replacement and intrinsic value. The company boasts a strong balance sheet, significant share buybacks, and a healthy backlog, making it a potential acquisition target.