A former contractor who helped assemble Doyon Drilling Rig 26 — or "The Beast" as it's known — described the project as a ...
The Doyon 26 rig, which set a long-distance drilling record in Alaska in 2022, split into two units, the bottom section and the top drilling floor, as it hit the ground, according to Maly. He added ...
The companies are merging as the outlook for offshore oil drilling improves.
A winter oil-drilling campaign planned by ConocoPhillips will proceed without interruption despite the dramatic wreck of an ...
Bermuda-based drilling contractor Transocean has announced it is acquiring rival Valaris in all-stock transaction valued at ...
A massive drilling rig operating on ConocoPhillips' behalf toppled over while traveling along a gravel road on Alaska's North Slope on Friday afternoon, local and company officials said. No one was ...
The rig dubbed “The Beast” crashed to the ground while being moved Friday amid an ongoing winter exploration program in the ...
Deep-water oil rig owner Transocean Ltd. agreed to acquire rival Valaris Ltd. in an all-stock deal valued at $5.8 billion as offshore drilling activity heats up. The deal will create the world's ...
When ConocoPhillips won federal approval last year to explore for oil in the Alaskan Arctic, environmental groups warned the ...
BISMARCK — A stop to oil drilling in North Dakota by one of the largest producers in the state will likely lead to layoffs but is “nothing new” to the industry, experts said. Harold Hamm, founder of ...
A winter oil-drilling campaign planned by ConocoPhillips will proceed without interruption despite the dramatic wreck of an ...