Cairn Oil & Gas, part of Vedanta Group, has signed an agreement to hire a high-performance drilling rig from Parker Wellbore ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 12, 2024 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as traders ...

Salunda has announced it has launched the Latch Hawk 2 fingerboard latch monitoring device, with the aim of preventing dropped objects and improving safety during pipe handling on offshore drilling ...

Edge AI & IoT for Oil Rigs: Oil rigs often function in remote and extreme environments where real-time decision-making is crucial. NVIDIA’s AI-powered edge computing, combined with NVLink and ...

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...

Oil rigs are critical for supplying the world with energy but working on a rig is not without its risks. In the eighties, a horror diving accident saw five men die after an unprecedented change ...

Baker Hughes (BKR) reports that the U.S. rig count is down 1 from last week to 592 with oil rigs unchanged at 486, gas rigs down 1 to 101 and miscellaneous rigs unchanged at 5. The U.S. Rig Count ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The ...

The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that Baker Hughes published on Friday, after a 1-rig increase in the week prior.

One additional rig was drilling offshore for a total of 14 rigs working for the week. US oil-directed rigs were unchanged from last week at 486 units. A year ago, 504 units were drilling for oil.

Big Oil is pivoting back to fossil fuels after years of trying to transition to renewables. BP, Shell, and others are abandoning unprofitable wind and solar projects to refocus on oil and gas.

It's the same spirit. And I've loved art and especially street art ever since realizing that." "Crude Oil (Vettriano)" is part of a 2005 series of works in which Banksy put a satirical spin on ...