Oil rigs, particularly the offshore type, are one of the most fascinating parts of the global energy industry. How do they work? How big can they get? Do they float on water? It's not surprising that ...

While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards. One of the biggest talking points of 2024 and 2025 was Saudi Aramco’s ...

An oil rig in the Gulf Of Mexico as seen from Gulf Shores, Alabama. (Jim Julien/Universal Images Group via Getty Images) The U.S. Air Force is looking to repurpose offshore oil rigs into landing ...

President Donald Trump’s plan to “unleash American energy” will have a dramatic effect on Alabama’s coastline, with new programs that will almost certainly increase the number of rigs off the state’s ...

Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. The transaction implies a combined enterprise value of ~$17B based on the stock’s most recent closing ...