It was just before Christmas when offshore rigger Antonio Gianfrancesco of Warwick found out his job was put on pause.

Explore what topside means for offshore rigs. Understand its structure, key components, and importance in oil extraction ...

Discover the incredible story behind the construction of the Petronius offshore oil rig, one of the most ambitious projects in the energy industry. This video takes you through the complex process of ...

I.1 Annualization uses a 1:1 rotation (e.g., 28/28), approximating 182 paid offshore days per year: \( \text{Annualized} \approx \text{Day Rate} \times 182 \). I.2 Hourly equivalents assume 12-hour ...

While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards.Main ...

The average offshore oil driller has lost half its market value in just six months, and several stocks are down more then 75%. For investors with the right temperament, the urge to go scavenger ...