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 ...

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 ...

KENAI, Alaska (AP) — A drilling company is disputing Buccaneer Energy's version of the end of the two companies' relationship, and filed a lawsuit seeking payment for what it says are past-due bills.

Eight people have been treated and released from North Slope clinics, ConocoPhillips Alaska said one day after Doyon 26, a ...

Helmerich & Payne Inc (NYSE:HP) shares are surging today after the company reported first-quarter FY24 results yesterday. Revenue of $677.1 million beat the consensus of $662.2 million. Adjusted EPS ...

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.

SALT LAKE CITY — A drill rig collapsed in downtown Salt Lake City Tuesday night, landing on top of two parked cars and injuring the operator. According to the SLC Fire Department, the rig collapsed ...

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 ...