A video, which has amassed 4.9 million views on YouTube, details how the men lost their lives while working on the oil rig in the North Sea near Norway after a sudden pressure change caused their ...

On a frigid morning on the Black Sea the sun is glaring into the quiet navigation room of the massive semi-submersible drilling rig Transocean Barents, anchored in Romania's Constanta port.

All the latest breaking news on United States. Browse ibtimes archives of photos, videos and articles on United States.

he said of deep-sea drilling bets ... He added that in shale drilling, operators can strike oil in a matter of months, running rigs at a fraction of the $500,000 per day cost associated with ...

Diplomats said Vietnam dispatched up to 29 armed naval and coastguard ships to areas near the oil rig when it became aware of China’s intentions. China moved the giant deep-sea oil rig to an area ...

The drilling campaign, in China’s Xinjiang Uygur Autonomous Region, aims to reach oil ... Deep Sea #1 offshore field and the Shendi Take 1 well in the Tarim Basin. China is now building a new ...

RIG's Transocean Barents rig sets sail for the Neptun Deep project in the Black Sea, marking a key step in Romania's largest offshore gas development.