The number of rigs exploring for oil and natural gas in the United States reportedly rose 11 from last week to stand at 518 as of May 21, and down from 855 a year ago.
Related News
26 Oct 2026
Seatrium Inks $390M Deal to Complete Four Offshore Rigs for Keppel’s Rigco
Singapore's Seatrium has secured an agreement with Keppel's subsidiary RigCo to complete construction work on four offshore…
26 Oct 2026
Borr Drilling Rig Sinks Off Gabon, 110 Rescued as Search for Five Missing Continues
Borr Drilling's Prospector 5 jack-up rig has sunk offshore Gabon after experiencing a punch-through event during preload…
22 Oct 2026
Oil Prices Surge as Attacks on Saudi Arabia Fuel Supply Concerns
Oil prices rallied over $2 a barrel on Thursday after more Houthi attacks in Saudi Arabia stoked concerns over a broader…
22 Oct 2026
Seven Ships Hit Near Hormuz as Iran Warns US of Escalation
Iran's Islamic Revolutionary Guard Corps Navy said on Thursday that four vessels involved in illegal oil transfers in the northern Persian Gulf were s
Sponsored Content
Together in Every Water
Explore advanced propulsion, digital tech, and expert support with ZF
Licensed Engineers Can Quickly Advance Their Earnings with MSC
Military Sealift Command (MSC) is looking to hire and onboard record numbers of licensed engineers—and its sign-on bonuses reflect that.