Dubbed the “Marine Fisheries Habitat Protection Act,” the bill authored by Rep. Mike Ezell (R-Miss.) would attempt to ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilization hitting the lowest levels recorded since recovery began in 2021. A variety of factors ...

Borr Drilling (NYSE:BORR) expects nearly a third of the global fleet of shallow-water rigs will be retired in the coming years, leading to higher daily leasing rates, CEO Patrick Schorn said Thursday.

The total number of active drilling rigs for oil and gas in the United States rose by 1 this week, according to new data that ...