Offshore oil driller Transocean Ltd said on Tuesday it would buy peer Ocean Rig UDW Inc in a $2.7 billion cash-and-stock deal, its second major acquisition this year as the company bets on a recovery ...

Ever since bass fishing became mainstream in the 70’s, we’ve seen many techniques come and go. Whether they’ve been replaced by newer tactics, or simply lost to time, bass anglers quickly forgot just ...

Back in the day, pretty much every bass angler fished the Carolina rig. As a kid, I remember heading out on the lake with a bag of egg sinkers, a few beads and swivels in my pocket, and a couple packs ...

Modern offshore oil rigs are engineering wonders designed to accommodate massive crews and operate in some of the most hostile environments on Earth. As the demand for oil drives exploration into ...

Industry sources peg US rig giant Noble Drilling as the buyer of the twin Bingo 9000-design hulls, subject to inspection and approval, though Ocean Rig declined to reveal any names. What is known is ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

In the North Sea — between the United Kingdom, Norway and Denmark — thousands of flies swarmed an oil rig. Engineer Craig Hannah noticed they'd stay still on the rig for hours, suddenly taking off all ...

RIO DE JANEIRO, Oct 20 (Reuters) - Cyprus-based Ocean Rig UDW Inc said on Monday that it signed a $1.1 billion three-year contract with Brazil's state-run oil company, Petroleo Brasileiro SA, to ...

Ocean Rig specializes in providing experienced offshore drilling capacity in ultra-deep water and harsh weather conditions. The Company owns and operates two of the world’s largest technologically ...

In recent years, Namibia’s emergence as a frontier for offshore oil and gas exploration has made global headlines. Behind much of this progress stands Northern Ocean, an international drilling ...

Offshore oil driller Transocean Ltd said on Tuesday it would buy peer Ocean Rig UDW Inc in a $2.7 billion cash-and-stock deal, its second major acquisition this year as the company bets on a recovery ...