The accident occurred on Saturday night when the oil rig broke away from its towboat due to bad weather, a National Guard official told Tunisian media. A general view of an oil platform that ...

a floating oil production, storage and offloading ship (FPSO), said Davidson Lombo, finance director of Sindepetro-ES, the union representing workers on the platform. It was not immediately clear ...

Could repurposed oil rigs become the Navy’s new floating logistics hubs? Leidos outlines an intriguing plan to acquire oil rigs and convert them to everything from maintenance to medical hubs ...

Leidos outlines an intriguing plan to acquire oil rigs and convert them to everything from maintenance to medical hubs. Find out how it would work. Marine Corps Times ...

Large reductions in exploration and production spending are beginning to take effect, and even with the recent oil price increase, floating rig utilization is destined to trend downward over the ...