© nikkytok / Adobe Stock About the Author: Sofia Forestieri is a Senior Analyst at Esgian, specializing in offshore rig market analysis, energy economics, and ...
DICKINSON, N.D. -- When oil prices drop, rig workers winnow down and companies pull their drilling rigs into the Bakken's core, the discharged derricks and associated equipment have to go somewhere -- ...
Transocean Inc. RIG, an offshore drilling contractor based in Switzerland, announced plans to offload five stacked rigs as part of its efforts to optimize its rig fleet. The rigs to be retired include ...
Recovery is a double-edged sword. Despite the healthier offshore rig market there are headwinds. Cost inflation plagues the industry. Materials, logistics and labour are pressure points throughout the ...
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