The country’s first offshore oil drilling rig was built in the Santa Barbara channel in the late 19th century. By the 1920s, wooden piers and oil derricks filled the nearshore waters of ...

Offshore drilling contractor Noble Corporation has secured a contract for its semi-submersible drilling rig Ocean Apex offshore Australia. The new contract, with undisclosed client, is for a minimum ...

With 95 rigs running in Canada, the count is still higher than the 86 units drilling this week a year ago. The number of oil-directed rigs in Canada fell by 66, bringing the count to 44 rigs ...