Designed to assist offshore oil rigs, it cost around 2.97bn dollars to build. The world's largest crane ship, which is capable of lifting oil rigs, has set sail from its shipyard in South Korea ...

In July 1988, a fire breaks out on a vast oil rig in the North Sea, trapping Joe Meanen.

I wonder how they would react if they found out that oil rigs being built in the seas are much taller structures than most modern skyscrapers?.. The largest of them reaches a height of 2001 feet ...

Russian tankers were responsible for a massive oil spill in the Black Sea. The result was a loss of aquatic life and animals ...

The largest offshore oil production unit installed in Brazil to date—the Almirante Tamandaré, or Búzios 7—has started operating in the Búzios field, in the Santos basin, some 180km off the ...

Explore a list of the largest companies in the Oil & Gas Drilling industry using the Yahoo Finance Screener. Create your own screeners with over 150 different screening criteria ...

Baker Hughes said Friday its weekly U.S. rig count was up one rig to 593 rigs, the highest level since last June. Still, the rig count remains 36 rigs or 6% below the 629 reported last year. For the ...