Leidos outlines an intriguing plan to acquire oil rigs and convert them to everything from maintenance to medical hubs. Find ...

The number of active U.S. oil and gas drilling rigs fell for the second consecutive week, amidst a decline in US crude oil ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest ...

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 ...

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. Find ...