President Donald Trump’s nemesis, offshore wind turbines, also got attention during a hearing Tuesday. House Natural Resources Republicans and industry executives expounded on the merits of ...

Analysts and top offshore drilling executives say that offshore rig utilization and day rates are also rising in a market that is expected to tighten going forward. In one of the latest outlooks ...

Top offshore driller Seadrill has been ordered by a Norwegian court to pay compensation to the owner of the deepwater rig Hercules. The Oslo District Court delivered a ruling last week on a legal ...

Petroleo Brasileiro SA has requested authorization from Brazil’s environment protection agency to prepare a drilling rig for work at a disputed offshore exploration project, a sign that the ...