India's ONGC operates fleet of more than 30 offshore drilling units and is largest operator of jack-up rigs in South Asia ...
The premise of a jackup rig is that it is self-elevating; here, the legs are stationed on ocean floor and the drilling equipment is jacked up above the water's surface. Providing a very stable ...
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3 Stocks to Gain From the Rising Demand in Offshore DrillingThey have a fleet of 34 mobile offshore drilling units, which consist of 26 ultra-deepwater floaters and eight harsh environment floaters. Over 80% of Transocean's rigs are less than 10 years old ...
Usumacinta is a 25-year-old drilling rig with extendable legs that enables it to drill in seas up to 200 feet deep, according to Rigzone, a Houston-based company that compiles data on the offshore ...
The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 592 for a fourth consecutive weekly gain, Baker Hughes said Friday in its latest report. Despite the increase to the ...
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