Public sector giant plans to invest between $3 billion and $4 billion during ongoing financial year, mostly on offshore ...

SAN FRANCISCO - A jack-knifed big rig stalled traffic for hours early Thursday morning, tying up traffic for those wanting ... Caltrans officials shared a photo of the damaged rig, its front ...

Offshore drilling contractor Seadrill has completed the sale of its jack-up rig West Prospero for $45m. Built in 2007, the West Prospero is an independent-leg cantilever jack-up rig with an ...

Few markets present supply and demand fundamentals as compelling as those in the jack-up rig market. Tight supply conditions also characterize the offshore service vessel market, but supply may be ...

Brazilian state-controlled oil company Petrobras has welcomed four commercial proposals in a tender to charter a jack-up drilling rig for intervention work at several shallow-water fields in the ...