On Monday, Drydocks World, the state-owned Dubain shipbuilding and offshore engineer experts, announced that it had received a commission worth $730 million to build the largest ever rig to be ...

The drilling platform went into position more than two months ago, 70 miles off the coast of Britain in the bleak, inhospitable waters of the North Sea. Crammed into submarine-tight quarters at night, ...

STOCKHOLM – Norway's Statoil says a drilling rig in the North Sea has been hit by a big wave, killing one worker and prompting the evacuation of the platform. In a statement, Statoil said a "heavy ...

MIAMI -- Three workers forced to escape on lifeboats after an explosion aboard an offshore drilling platform claimed in a lawsuit today that they were kept floating at sea for more than 10 hours while ...

Transocean RIG, a leading offshore drilling company, is investing in Global Sea Mineral Resources (“GSR”) for a non-controlling stake through one of its subsidiaries. GSR is a deep-sea mineral ...

They're the hulking hardware of a fossil fuel industry being blamed for climate change. But now scientists have discovered that North Sea oil rigs are being used as migratory stop-off points by ...

Chinese ships trying to deploy an oil rig in disputed waters of the South China Sea have reportedly rammed Vietnamese vessels in recent days, as the Philippines says it's seized a Chinese fishing boat ...