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933 Sentences With "oil rigs"

How to use oil rigs in a sentence? Find typical usage patterns (collocations)/phrases/context for "oil rigs" and check conjugation/comparative form for "oil rigs". Mastering all the usages of "oil rigs" from sentence examples published by news publications.

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I've worked all over the world being a safety supervisor for rope access work where we need to inspect oil rigs, or [go] underneath oil rigs.
U.S. energy firms increased the number of oil rigs operating for the first week in four, adding three oil rigs, General Electric Co's Baker Hughes energy services firm said.
Drillers added 3 oil rigs in the week to Aug.
Drillers cut four oil rigs in the week to Dec.
Drillers added 10 oil rigs in the week to Dec.
Drillers cut six oil rigs in the week to Aug.
Drillers added 12 oil rigs in the week to Nov.
Drillers added three oil rigs in the week to Oct.
Drillers cut five oil rigs in the week to Aug.
Drillers added 10 oil rigs in the week to Aug.
Drillers cut eight oil rigs in the week to Jan.
Drillers cut two oil rigs in the week to Oct.
Drillers cut 20 oil rigs in the week ended Jan.
Drillers removed five oil rigs in the week ended Jan.
Earlier, Baker Hughes said U.S. oil rigs fell by 22009.
Companies added 20193 oil rigs in the week to Feb.
The audience ranges from academics to workers on oil rigs.
Drillers added two oil rigs in the week to Nov.
Drillers cut 284.6 oil rigs in the week to Aug.
Drillers added 10 oil rigs in the week to Jan.
Companies added 10 oil rigs in the week to Jan.
Drillers added six oil rigs in the week to Sept.
Drillers added two oil rigs in the week to Sept.
Drillers added seven oil rigs in the week to Feb.
Drillers added three oil rigs in the week to Nov.
Drillers added two oil rigs in the week to Dec.
Drillers added seven oil rigs in the week to Aug.
Drillers cut four oil rigs in the week to Feb.
Drillers added three oil rigs in the week to Dec.
Drillers added 12 oil rigs in the week to Dec.
Drillers cut three oil rigs in the week to Sept.
Drillers added 17 oil rigs in the week to Feb.
Drillers added 19 oil rigs in the week to Nov.
Drillers cut four oil rigs in the week to Aug.
U.S. drillers have added oil rigs for 19 straight weeks.
Drillers cut 15 oil rigs in the week to Feb.
Drillers cut four oil rigs in the week to Jan.
Drillers added five oil rigs in the week to Feb.
Drillers cut five oil rigs in the week to Oct.
Drillers added nine oil rigs in the week to Nov.
Drillers added seven oil rigs in the week to Sept.
Companies added 7 oil rigs in the week to Feb.
Drillers added 1173 oil rigs during the week ended Jan.
Drillers added six oil rigs in the week to Feb.
My dad worked on oil rigs in Venezuela or Indonesia.
Drillers added 29 oil rigs in the week to Jan.
Drillers cut five oil rigs in the week to Sept.
Drillers cut five oil rigs in the week to Sept.
Drillers added eight oil rigs in the week to Oct.
Drillers added 11 oil rigs in the week to Oct.
Drillers cut 4 oil rigs in the week to Dec.
Drillers cut five oil rigs in the week to Nov.
Drillers cut seven oil rigs in the week to Sept.
Drillers cut 20193 oil rigs in the week to Feb.
Drillers cut two oil rigs in the week to Aug.
Drillers added two oil rigs in the week to Oct.
Drillers added two oil rigs in the week to Aug.
Drillers cut 9553 oil rigs in the week to Sept.
Companies added three oil rigs in the week to Feb.
They don't want to see oil rigs off our coastline.
Drillers added 18 oil rigs in the week to Dec.
Drillers added 21 oil rigs in the week to Dec.
Drillers added 13 oil rigs in the week to Dec.
Drillers cut five oil rigs in the week to Jan.
Some oil rigs in the Gulf of Mexico have been evacuated.
U.S. drillers added five oil rigs in the week to Feb.
U.S. drillers added four oil rigs in the week to Oct.
It can recognize farm land, factories, oil rigs, and much more.
At this time last year, drillers had 2000 oil rigs online.
At this time last year, drillers were operating 2000 oil rigs.
There will be very few women on most offshore oil rigs.
U.S. drillers cut five oil rigs in the week to Jan.
However, drillers cut three oil rigs in the week to Sept.
At this time last year, drillers were operating 545 oil rigs.
At this time last year, drillers were operating 662 oil rigs.
U.S. drillers added nine oil rigs in the week to Nov.
Pile-drivers can also be found working on offshore oil rigs.
U.S. drillers added five oil rigs in the week to Feb.
At this time last year, drillers were operating 536 oil rigs.
On the surface, oil rigs come with a particular masculine vibe.
At this time last year, drillers had 760 oil rigs online.
Companies added 15 oil rigs in the week to April 5.
U.S. drillers added seven oil rigs in the week to Sept.
Drillers added oil rigs for a sixth straight week this week.
Energy companies cut 10 oil rigs in the week to Dec.
In the United States, energy firms increased oil rigs for a second week in a row, adding two oil rigs in this week, bringing the total count to 678, energy services firm Baker Hughes Co said.
U.S. energy firms cut three oil rigs in the week to Nov.
After leaving school, Crawford worked on a fishing boat and oil rigs.
Another increase in U.S. oil rigs held down gains in the afternoon.
In 2015, however, they cut on average 18 oil rigs per week.
It also mentioned potential ribes related to the acquisition of oil rigs.
It also mentioned potential bribes related to the acquisition of oil rigs.
At this time last year, U.S. drillers were operating 614 oil rigs.
U.S. energy firms added two oil rigs in the week to Nov.
Her project explored how cement could prevent underwater oil rigs from rupturing.
U.S. energy firms cut seven oil rigs in the week to Sept.
U.S. energy companies added two oil rigs in the week to Dec.
Oil rigs surround Theodore Roosevelt National Park in the North Dakota Badlands.
U.S. energy firms cut four oil rigs in the week to Dec.
It was down by two oil rigs to a total of 22017.
At this time last year, U.S. producers were operating 734 oil rigs.
The number of oil rigs operating in U.S. fields has plateaued recently.
Many work on oil rigs, in service industries and as domestic workers.
Last week, drillers added 10 oil rigs, the biggest rise since May.
U.S. drilling firms added four oil rigs in the week to Dec.
Last week drillers added 10 oil rigs, the biggest increase since June.
U.S. energy companies added 10 oil rigs in the week to Jan.
That compares with 1,317 oil rigs operating in same week a year ago.
At this point last year, upstream energy companies were operating 13 oil rigs.
IN HER former life the Dignity 1 bobbed between oil rigs in Scotland.
More people got employment installing solar panels than on oil rigs in 2015.
During the same week a year ago, there were 453 active oil rigs.
The count of US oil rigs rose by seven to 609 last week.
During the same week a year ago, there were 467 active oil rigs.
During the same week a year ago, there were 20173 active oil rigs.
The rising US oil production profile is consistent with higher US oil rigs.
During the same week a year ago, there were 400 active oil rigs.
Tensions flared in 2014 when China installed exploratory oil rigs in the vicinity.
U.S. energy companies added oil rigs for a second week in a row.
Nearly half of the United States' operating oil rigs are in the Permian.
During the same week a year ago, there were 413 active oil rigs.
During the same week a year ago, there were 362 active oil rigs.
During the same week a year ago, there were 510 active oil rigs.
Lloyd's specialises in complex insurance risks, from offshore oil rigs to footballers' legs.
Mr. Burch began working on oil rigs in Yemen in the mid-1990s.
That compares with 234 active oil rigs during the same week a year ago.
Drillers added nine oil rigs in the week to June 3, Baker Hughes said.
This time last year, there were 23.02 oil rigs in production, Baker Hughes said.
A third was the fall in oil prices, which dented orders for oil rigs.
U.S. energy firms last week added 12 oil rigs in the week to Nov.
The total stood at 652 oil rigs, versus 372 at this time last year.
Baker Hughes data also showed that U.S. oil rigs fell by 26 this week.
That compares with 351 active oil rigs during the same week a year ago.
Drillers added six oil rigs looking for new production in the week to Sept.
The Italians are considering the idea of "floating identification centers" on abandoned oil rigs.
That compares with 371 active oil rigs during the same week a year ago.
The oil rigs were removed in favor of sketch of the San Gabriel Mission.
Environmentalists disagree over whether outdated oil rigs off the coast of Long Beach, Calif.
What have scientists discovered beneath the waves at offshore oil rigs in Southern California?
"We need to respect that the oil rigs let us dive there," Lu says.
Some oil rigs are more than 70 years old, according to oil regulator ANP.
Energy companies added 12 oil rigs last week, the biggest weekly increase since March.
That compares with 244 oil rigs operating in the same week a year ago.
Companies added three oil rigs, General Electric Co's Baker Hughes energy services firm said Friday.
The reason is the remarkable gains in productivity of U.S. oil rigs in recent years.
The decommissioning of oil rigs in the North Sea will provide another source of employment.
U.S. oil rigs have now fallen for a ninth straight week, and now total 413.
In 2016 alone, 497 accidents (damages, injuries and spills) involving offshore oil rigs were reported.
American military officials say they are striking targets like oil rigs and secret cash coffers.
Her husband's code name was "Driller," a reference to Todd Palin's work on oil rigs.
Additionally, drillers in the United States added two oil rigs in the week to Dec.
Oil drillers increased the number of active oil rigs by 10, according to Baker Hughes.
U.S. energy companies this week cut oil rigs for the first time in three weeks.
But every few miles or so, oil rigs and hydraulic fracturing sites dot the landscape.
Industry data last week showed domestic energy firms cut oil rigs for a second week.
His father, who worked on oil rigs, left the family when Don was a boy.
Indeed, recent Baker Hughes data suggested U.S. oil explorers idled more oil rigs this week.
U.S. energy companies added oil rigs for a second week in a row last week.
U.S. energy companies added oil rigs for a 13th week in 14, data showed on Friday.
Oilfield services firm Baker Hughes reported U.S. drillers added 17 oil rigs in the last week.
Over the prior five years (214-2664), producers added on average 21999 oil rigs per year.
And businesses can't send drones to do far away inspections of oil rigs or forest fires.
The authors say that technology used by fixed oil rigs could be adapted for the dam.
BUENOS AIRES (Reuters) - Argentina needs oil rigs to develop its vast shale oil and gas resources.
Before this week, drillers cut on average 15 oil rigs per week so far this year.
Data also showed U.S. drillers added oil rigs for a sixth week in the last seven.
To find out, I reached out to three women who'd worked on oil rigs around Australia.
Its syndicates focus on specialist insurance and reinsurance in anything from oil rigs to athletes' legs.
Data on Friday showed a fall in the number of U.S. shale oil rigs in production.
For the month, drillers added 28 oil rigs in April after cutting two rigs in March.
Georgia doesn't have coal mines, we don't have fracking wells, and we don't have oil rigs.
Its 80-odd syndicates insure a range of specialised risks, from oil rigs to kidnap victims.
Synchronized Swimming Themes Can Be Mystifying Marine Life Thrives in Unlikely Place: Offshore Oil Rigs Nut?
Environmentalists say new oil rigs will hurt California's land and water and contribute to climate change.
U.S. energy firms this week reduced the number of oil rigs operating for a fourth week in a row, cutting five oil rigs this week and bringing the total count down to 733, the lowest since November 2017, General Electric Co's Baker Hughes energy services firm said.
But after crude briefly climbed over $2978 a barrel in June, drillers have added 22015 oil rigs.
U.S. crude oil rigs rose by 0003 this week, and now total 452, according to Baker Hughes.
Oil rigs in the U.S. have fallen by 122 since this time last year, Baker Hughes said.
Baker Hughes reported that U.S. crude oil rigs rose by 25.7 this week, and now total 23.09.
In the United States, drillers have added oil rigs for 11 out of the past 12 weeks.
The other shows men dressed as Bedouins galloping on horseback across a desert with three oil rigs.
The oilfield services provider got a boost from as US producers put more oil rigs to work.
The most recent data from Baker Hughes shows that 463 oil rigs have closed since February 2015.
U.S. oil rigs fell by 249 this week and totaled 20093, according to data from Baker Hughes.
"The last thing a visitor wants to see are more oil rigs in national parks," he said.
The number of oil rigs operating in U.S. fields rebounded to a total of 768 in August.
Data from Baker Hughes showed U.S. oil rigs fell by 5 this week and now total 510.
Oil rigs operating in the United States hit a seven-year low of 6053 rigs in May.
Another problem for the industry is a glut of offshore supply vessels (OSVs) that serve oil rigs.
In the United States, drilling companies cut the number of operating oil rigs for a third week.
For the month, 10 oil rigs have been added, the fewest for a month since May 2016.
It is also used extensively for shuttling crews on offshore oil rigs and carrying emergency medical crews.
Last week, we saw an increase of 26 oil rigs, to 791 — the highest level since 2015.
U.S. drillers last week added oil rigs for the sixth consecutive week, according to Baker Hughes Inc.
Its syndicates focus on specialist insurance and reinsurance in anything from offshore oil rigs to athletes' legs.
That is 20163 fewer rigs from the 22016,28.5 oil rigs operating in same week a year ago.
They are engaged, and live in a small trailer out by the oil rigs in Midland, Texas.
U.S. energy firms cut oil rigs this week to the lowest level since November 2009, Baker Hughes said.
Data on U.S. oil rigs could be interesting Friday afternoon, if they show another week of increased activity.
U.S. energy firms this week increased the number of oil rigs operating for the first time this year.
U.S. oil rigs rose for the fourth week in five, up 20093 to 341, according to Baker Hughes.
As I understand it, that covers everything from software automation to networking oil rigs, to automating drilling systems.
More than half the total U.S. oil rigs are in the Permian, the country's biggest shale oil formation.
Also boosting oil prices, U.S. drillers cut eight oil rigs last week, the biggest reduction since May 2016.
This chart from the Commonwealth Bank shows the number of US oil rigs overlaid against US oil output.
It will also create subsidiaries that will build oil rigs and offshore platforms, and maintain and repair supertankers.
RIG-OL-USA-BHI That compares with 407 active oil rigs during the same week a year ago.
There's Mare Sicuro — Safe Seas — which protects Italian interests in the area, like oil rigs and fishing boats.
The company built its reputation on large-scale disasters — crashed planes, exploded oil rigs, burst pipelines, fallen buildings.
A reported cut in the number of U.S. oil rigs drilling for new production provided some price support.
Khuzestan is also Iran's oil producing core, with the first oil rigs drilled by the British in 2550.
In an indication of future production, U.S. energy firms cut 2055 oil rigs in the week to Aug.
In an indication of future production, U.S. energy firms cut 2055 oil rigs in the week to Aug.
Greenpeace is known for its daring direct-action missions, from climbing the Shard skyscraper to occupying oil rigs.
Drillers have added a net 280.02 oil rigs since early June, when crude prices topped $50 a barrel.
In the United States, energy firms this week added oil rigs for the first time in four weeks.
U.S. drillers added 7 oil rigs in the latest national count kept by oilfield services firm Baker Hughes.
"This could be the reality here, of oil rigs and oil spills off the beach," Mr. Cunningham said.
The weekly Baker Hughes rig count showed an increase of 4 oil rigs in the U.S. to 800.
"With this course of events, in the next five years or so, all Iranian oil rigs will be very old and inefficient," said Reza Mostafavi Tabatabaei, an energy analyst based in London whose three family-owned oil rigs are inactive following a dispute with Iran's Revolutionary Guards over his political activities.
More than half the total U.S. oil rigs are in the Permian Basin, the country's biggest shale oil formation.
That is more than double the same week a year ago when there were only 343 active oil rigs.
U.S. energy companies last week increased the number of oil rigs operating for a second week in a row.
Drillers cut 22019 oil rigs in the week to April 285.5, the steepest decline since the week to Jan.
U.S. drillers added oil rigs for a fourth consecutive week, data from oilfield services firm Baker Hughes showed Friday.
They had cut on average 250 oil rigs per week for a total of 22016 so far this year.
More than half the total oil rigs are in the Permian basin in west Texas and eastern New Mexico.
Eight oil rigs were activated, taking the total to 617 and to the highest level since September 25, 2015.
That is more than double the same week a year ago when there were only 483 active oil rigs.
That is more than double the same week a year ago when there were only 328 active oil rigs.
U.S. energy firms this week cut the number of oil rigs operating for the first time in three weeks.
U.S. energy firms this week increased the number of oil rigs operating for the first time in seven weeks.
U.S. drillers added four oil rigs last week, bringing the total count to 800, Baker Hughes said on Friday.
U.S. energy firms this week reduced the number of oil rigs operating for a third week in a row.
U.S. energy firms this week reduced the number of oil rigs operating for a third week in a row.
The developing storm in the Gulf of Mexico has caused some oil rigs to evacuate nonessential staff, CNN reports.
That is more than double the same week a year ago when there were only 245 active oil rigs.
Encouraged by higher crude prices, energy companies added 12 oil rigs last week, the biggest weekly increase since March.
That was the highest level since the end of January, when drillers also had 510 oil rigs in operation.
Under the Trump administration, the Bureau of Land Management has some new branding, one that prominently features oil rigs.
Hampton was running underwater welding operations on oil rigs in the Gulf of Mexico when Yaney made his pitch.
U.S. drillers cut two oil rigs last week, bringing the total count to 860, Baker Hughes said on Friday.
U.S. drillers cut seven oil rigs in the week to March 29, bringing the total count down to 797.
Trump seems to be fine with US troops fighting off those who want to control the dilapidated oil rigs.
We cannot keep Dinosaur the wild and wonderful place it is if we allow oil rigs on its borders.
U.S. drillers added about 138 oil rigs in 2018, the second year in a row of boosting the rig count.
U.S. drillers added oil rigs for a fourth consecutive week, data from oilfield services firm Baker Hughes showed on Friday.
Meanwhile, U.S. energy companies last week increased the number of oil rigs operating for the first time in three weeks.
Singapore produces a lot of oil rigs, so I was hoping to photograph those, but no one would take me.
Prior to that, the count bounced around a tight range between 858 and 869 oil rigs for about four months.
Baker Hughes reported its weekly count of oil rigs in U.S. fields fell by 12 to a total of 498.
Amec has looked to capitalise on a rise in demand for offshore and shale oil rigs in the United States.
Energy firms have been reducing the oil rigs operating, despite a rebound in oil prices, to focus on growing earnings.
The weekly oil rig count, released Thursday due to the Good Friday holiday, showed a drop of 9.83 oil rigs.
A weekly report by Baker Hughes showed American drillers added oil rigs for the 22017th straight week in a row.
He first moved to Thailand in 1991, looking for refuge from grueling work on oil rigs in the Indian Ocean.
Drillers added 21 oil rigs in the week to March 24, the biggest weekly increase since the week to Jan.
The amount of U.S. oil rigs drilling for new production fell by seven to 736 in the week to Oct.
That mindset is reflected in a closely followed weekly count of oil rigs operating in U.S. fields, according to Hamm.
The number of U.S. oil rigs operating compares with the 250 rigs operating in the same week a year ago.
U.S. drillers added seven oil rigs in the week to July 7, energy services company Baker Hughes announced on Friday.
U.S. drillers added oil rigs for the first time in three weeks, increasing the rig count by 2 to 862.
"I have spent my entire life fighting to keep oil rigs away from our coasts," he said in a statement.
Drillers reduced the number of oil rigs operating in fields by 5 to 742 in the week to Jan. 5.
But after U.S. crude briefly climbed over $2978 a barrel in May and June, drillers have added 22015 oil rigs.
U.S. drillers cut rigs for the second week in three, reducing the number of oil rigs by 2 to 859.
The adverse hurricane impact on oil rigs resulted in the demand of oil to dip a short period of time.
U.S. drillers this week cut oil rigs by the most in over two years, after adding rigs in recent weeks.
The number of U.S. oil rigs currently operating compares with the 660 rigs operating in the same week a year ago.
So much gas is flared from oil rigs in the vicinity that the sky glows orange at night, blurring the stars.
This week's increase in total gas and oil rigs to 408 was the first gain since August, according to Baker Hughes.
The total number of oil rigs operating in U.S. fields stood at 432, compared with 143 at this time last year.
America currently has 20173 active oil rigs, up from 568 a year ago, according to Baker Hughes, an oil-services firm.
Drillers cut four oil rigs in the week to July 12, reducing the total to 784, the lowest since February 2018.
N said last Friday that U.S. oil rigs totaled 2245 in the week ending April 2000, the most in two years.
U.S. drillers added oil rigs this week for a 20th week in the last 23, energy services company Baker Hughes said.
Futures held their losses as oilfield services firm Baker Hughes reported U.S. drillers added oil rigs for a ninth straight week.
Since a low point in May 2016, U.S. producers have added 387 oil rigs, growing about 123 percent, Goldman Sachs said.
The number of U.S. oil rigs currently operating compares with the 173 rigs operating in the same week a year ago.
Before this week, drillers cut on average 12 oil rigs per week for a total of 185 so far this year.
Drillers held the number of oil rigs steady for a second straight week at 747 in the week to Dec. 29.
On the highway, next to a strip club, there was a fifty-seven-acre lot where unused oil rigs were stored.
Energy sources could be disrupted and there are pollution worries Offshore oil rigs are shutting down in preparation for the storm.
Prices were little changed after Baker Hughes reported its weekly count of U.S. oil rigs rose for a fifth consecutive week.
Regional anchors, like ExxonMobil and Chevron, will return to generating vast amounts of income locally as oil rigs come back online.
Before this week, drillers cut on average 2401 oil rigs per week for a total of 2415 so far this year.
There were 747 oil rigs operating in the latest week, a roughly 42 percent jump from the end of last year.
Baker Hughes reported its weekly count of U.S. oil rigs in operation rose by 12 to 510 in the last week.
The Eureka, owned by the Houston-based oil company Beta Offshore, is one of 27 oil rigs off the California coast.
Going Further Oil rigs aren't the only man-made objects serving as artificial reefs off the coast of the United States.
In the U.S., drilling companies cut the number of operating oil rigs for a third week in a row last week.
"I have spent my entire life fighting to keep oil rigs away from our coasts," Mr. Nelson said in a statement.
ESTEVAN, Saskatchewan — Crews are hard at work these days on the oil rigs that rise above the horizon in southeastern Saskatchewan.
On occasion, Greenpeace has run resupply missions via boat, in the case of oil rigs, that have made longer occupations possible.
U.S. energy firms cut the number of oil rigs operating for a third week as a 14-month drilling recovery stalled.
Before this week, drillers cut on average 251 oil rigs per week for a total of 22017 so far this year.
Energy services firm Baker Hughes said last Friday that U.S. energy companies added 29 oil rigs in the week to Jan.
Oil had risen more than 3 percent on Friday on weakness in the dollar and a drop in U.S. oil rigs.
The number of oil rigs operating in U.S. fields rose by 6 to 357, compared to 638 at this time last year.
Drillers pulled 21 oil rigs from U.S. fields last week, bringing the national rig count to 852, the lowest since last May.
U.S. energy companies added oil rigs for a record 22nd week in a row, energy services company Baker Hughes said on Friday.
The count fell by 7 rigs to a total of 522, compared with the 515 oil rigs in operation a year ago.
It will have to learn about cyber-security—oil rigs are critical infrastructure—and invest in ways to prevent theft of data.
But traders said a reported cut in the number of U.S. oil rigs drilling for new production had halted the price fall.
The latest U.S. drilling rig count by Baker Hughes showed a 10th straight weekly rise, with U.S. drillers adding 21 oil rigs.
The main reason is that it's easier to shield oil rigs from hurricanes than it is to protect oil refineries from them.
U.S. drillers added oil rigs for a 10th week in a row, data from energy services firm Baker Hughes showed on Friday.
U.S. oil rigs rose for the week ended April 7 by 10, to 672 rigs, data from Baker Hughes revealed on Friday.
Spending on structures, which includes oil rigs is expected to decline by 12.5% after dropping 11% in the second quarter, he said.
The country's National Guard then blocked off 11 rigs with its boats, and Venezuela seized the subsidiary's oil rigs and other equipment.
U.S. drillers added oil rigs for a sixth consecutive week, extending a nine-month recovery, energy services firm Baker Hughes Inc BHI.
Also boosting oil prices, U.S. energy companies cut eight oil rigs last week, to 729, in the biggest reduction since May 2016.
In the United States, drilling companies cut the number of operating oil rigs for a third week in a row last week.
VICE's reporting has taken our audience from offshore oil rigs to anti-fracking rallies to flood lands left behind after Hurricane Harvey.
There was also bullish news from American oilfields, where U.S. energy companies this week cut oil rigs by the most since March.
U.S. drillers added two oil rigs in the week to July 14, bringing the total to 765, Baker Hughes said on Friday.
RIG-OL-USA-BHI More than half the total U.S. oil rigs are in the Permian Basin, the country's biggest shale oil formation.
The number of active U.S. oil rigs rose last week to the highest level since November 2015, Reuters reported citing Baker Hughes data.
U.S. oil output is expected to increase as energy companies last week continued to add oil rigs, extending a seven-month drilling recovery.
"Since its trough on May 27, 2016, producers have added 194 oil rigs (+61 percent) in the U.S.," U.S. bank Goldman Sachs said.
The first part of the shipbuilding complex will be ready by 2018, and it will eventually make oil rigs and tankers, Nasser said.
The American, boss of an oil-services company called Global Marine, was ferrying three oil rigs from the Gulf of Mexico to Aberdeen.
It was the main hub for transient, cash-rich young men who toiled on oil rigs, drove lorries and bunked in Portacabin mancamps.
The 11 people killed on the Deepwater Horizon in 2010 were all men, for example, because jobs on oil rigs are overwhelmingly male.
U.S. drillers added four oil rigs this week, bringing the total count to 800, General Electric Co's Baker Hughes energy services firm said.
Oil was little changed after Baker Hughes said the weekly U.S. rig count rose by 14 oil rigs to a total of 631.
Oil prices fell after big gains on Friday, which had been triggered by data showing U.S. drillers cut the number of oil rigs.
Shale-oil producers, using technology that is both cheaper and quicker to deploy than conventional oil rigs, have made the industry more entrepreneurial.
The number of active U.S. oil rigs rose to a three-year high of 804 last week, implying further rises in future production.
Both benchmarks slipped back from near session highs after a report that U.S. energy companies added oil rigs again in the latest week.
More than half the total U.S. oil rigs are in the Permian basin, where active units increased by eight this week to 21.
The discovery was important, because the giant squid was filmed not far from one of the largest deepwater oil rigs in the world.
From Souaré's pirogue she could see the oil rigs that international companies have constructed sixty miles offshore to mine oil and natural gas.
The number of oil rigs operating in U.S. fields fell for a third straight week, oilfield services firm Barker Hughes reported on Friday.
Oil rigs alone fell for a 12th week in a row, and gas rigs fell to the lowest level since at least 1987.
Prices were little changed after Baker Hughes reported that oil rigs operating in U.S. fields fell by 5 to a total of 744.
U.S. drillers added eight oil rigs in the week to May 19, bringing the total count to 720, the most since April 2015.
The number of Texas oil rigs has been rising over the past year, giving a big lift to exploration and chemical manufacturing jobs.
U.S. energy companies cut oil rigs for the second week in three as the rig count has stagnated over the past three months.
The number of oil rigs operating in U.S. fields was unchanged from the prior week, oilfield services firm Baker Hughes reported on Friday.
U.S. energy companies cut two oil rigs last week, bringing the total count to 860, energy services firm Baker Hughes said on Friday.
Also on Friday, data from oilfield services firm Baker Hughes showed U.S. drillers added oil rigs for a sixth week in the last seven.
"We had yet another small victory today in our ongoing fight to keep oil rigs away from Florida's coast," Nelson said in a statement.
U.S. energy firms added one rig this week, increasing the number of oil rigs operating for the first time in the past three weeks.
U.S. drillers added oil rigs for an eighth consecutive week, Baker Hughes data showed on Friday, and they have announced ambitious production growth plans.
The number of oil rigs operating in U.S. oil fields dropped for the first time since June, oil services company Baker Hughes reported Friday.
Lloyd's of London, which started life in Edward Lloyd's coffee house in 1688, focuses on specialized insurance risks, from oil rigs to footballers' legs.
Companies that manufacture oil rigs, such as National Oilwell Varco have also had to hand out thousands of pink slips as drilling activity dwindled.
Energy services firm Baker Hughes said on Friday that energy companies last week cut oil rigs for the first time in almost two months.
For the third quarter, the increase of five oil rigs was the smallest since drillers cut three rigs in the fourth quarter of 2017.
With most producers getting significantly less than the $30 per barrel WTI benchmark price, the number of operating oil rigs has been falling rapidly.
The number of oil rigs operating in the United States fell by 15 in the previous week, oilfield services firm Baker Hughes reported Thursday.
C-OUT-T-EIA U.S. energy firms cut oil rigs for a second week in a row according to Friday data from Baker Hughes.
Demand is slowing as oil prices have dipped below $50 per barrel, and oil rigs in operation are hovering near a two-month low.
U.S. energy companies added oil rigs for a fifth straight week, with higher crude prices boosting profits and pushing nationwide production to record highs.
Oil rigs declined for the second week in a row, with 5 less to bring the active total to 743, Baker Hughes reported Friday.
U.S. drillers cut seven oil rigs in the week to March 29, bringing the total down to 797, the first decline in three weeks.
In its report on Friday, General Electric Co's Baker Hughes energy services firm said drillers added six oil rigs in the week to Sept.
BP, for example, offers Fitbits to more than 23,000 employees, partly to ensure they are getting enough sleep before they work on oil rigs.
"I've either been in it, on it, or under it, all my life," said Mr. Koen, who also held jobs on offshore oil rigs.
Kennedy revealed that he spent a period time in his youth working on oil rigs and once mistakenly nailed his glove to a wall.
Unsure of their intentions, the Nitze changed course several times to try to keep a safe distance from offshore oil rigs in the area.
Crude futures continued to slide after data from oilfield services company Baker Hughes showed U.S. drillers added 15 oil rigs in the last week.
More than half the total oil rigs are in Permian basin in west Texas and eastern New Mexico, the nation's biggest shale oil field.
The Trump administration envisions oil rigs operating within a hundred miles of San Francisco, the Florida Keys and the Delmarva peninsula within five years.
The government ordered that oil rigs and vessels be protected and it warned that about 62,000 fishing boats should not venture out to sea.
If the oil price stays this low, many will close down oil rigs in the coming weeks and months, and some will go bust.
He is enticed by the possibility of travel, underwater work on pipelines or oil rigs, and average pay starting at about $18 an hour.
He flew its flag from his oil rigs around the country and traveled in a jet painted in the school's colors, maroon and white.
Mr. Whitelum skipped university and started a business digging trenches for Australia's phone company before going to work on oil rigs for eight years.
Energy services firm Baker Hughes said U.S. drillers added oil rigs for an 18th week in a row, the second-longest streak on record.
UBS raised its price targets for offshore drilling equipment providers, pointing to signs of improving demand for oil rigs and stabilization in the sector.
The count has risen by 51 oil rigs in the last four weeks, putting the total at a nearly three-year high of 798.
Undo Trump's efforts to increase offshore oil drilling While he has mocked the idea of offshore wind turbines, Trump has pushed offshore oil rigs.
The U.S. has slowly been adding oil rigs in recent months, but the count jumped by 553 to 498 last week, according to Baker Hughes.
Oil rigs, yachts, wind turbines—they all become swaddled babes in the arms of a caring parent when a ship like the Treasure comes calling.
To be sure, there are plenty of idle oil rigs stacked up in massive lots in the Midland and Odessa, Texas, area, according to Simmons.
Meanwhile, U.S. oil drillers have added a net 32 oil rigs since early June, the biggest increase during a nine-week period since last summer.
The company said it was operating 22015 oil rigs in the region and planning to add another about every eight weeks, he said on Friday.
Above the surface, efforts are under way to reduce the amount of people and plant on oil rigs, helping improve safety in a dangerous industry.
Preliminary indications for March and April suggest output continued to fall, as producers removed another 72 oil rigs from service over the past 10 weeks.
At $50 per barrel, analysts have expected to see a return of some drilling activity, and last week's data showed nine oil rigs were added.
Another bullish signal was a second week of declines in U.S. drilling operations, with energy companies cutting oil rigs to the lowest since March 2018.
She was a finalist in the 2016 Intel Science Talent Search for her research on cement that could help prevent underwater oil rigs from rupturing.
Prices were little changed after Baker Hughes reported U.S. drillers added four oil rigs in the last week, marking the 15th increase in 16 weeks.
The last time U.S. oil rigs rose by 250 or more was two months ago, when there were 15 additions in the week of Aug.
U.S. crude oil futures fell 0.59 percent to settle at $45.69 a barrel, after Baker Hughes said U.S. oil rigs increased by 19 to 9.83.
On Friday, oilfield services company Baker Hughes reported its weekly count of oil rigs operating in the United States jumped for a 19th straight week.
Miguel Brown, despite family ties to his hometown near the Alabama border, is working on oil rigs off the shore of Texas, chasing higher wages.
Energy services firm Baker Hughes said last Friday that U.S. oil rigs totaled 688 in the week ending April 21, the most in two years.
STORMY seas can wreak havoc on ships and oil rigs, but the damage they do pales beside that which a rogue wave can dole out.
On Friday, Baker Hughes reported its weekly count of oil rigs operating in U.S. oilfields ticked up by 1 rig to a total of 737.
Such panels would prevent, say, a left-wing government from nationalizing billions of dollars worth of oil rigs, pipelines, rail lines, or modern manufacturing plants.
More than half the total oil rigs are in the Permian basin in west Texas and eastern New Mexico, the nation's biggest shale oil field.
The government had ordered that oil rigs and vessels be protected and it warned that about 62,000 fishing boats should not venture out to sea.
On Friday, oilfield services firm Baker Hughes reported its weekly count of oil rigs operating in U.S. fields fell for the first time since January.
The number of oil rigs operating in U.S. fields remain unchanged for a second week in a row, according to oilfield services firm Baker Hughes.
"We used a high pressure water duct to clean the oil rigs and had to get rid of all the mussels and scallops," he says.
And the United States and Iran engaged in a daylong naval battle that saw two Iranian oil rigs and six Iranian vessels sunk or damaged.
Last week alone, the number of US oil rigs fell by more than 40, according to data from the oil and gas company Baker Hughes.
Last week, data showed U.S. energy companies cut oil rigs for a second week in three, slowing the pace of a 15-month drilling recovery.
In an indication of future production, U.S. energy companies this week reduced the number of oil rigs operating for a seventh week in a row.
In an indication of future production, U.S. energy firms this week reduced the number of oil rigs operating for a seventh week in a row.
Oil rigs alone fell 15 to 372, the lowest level since November 2009, oil services company Baker Hughes Inc said in its closely followed report.
Also pressuring the market, oil services firm Baker Hughes reported that U.S. oil rigs rose by 11 this week, the first double-digit growth since August.
Also on Friday, Baker Hughes reported its count of oil rigs operating in U.S. fields rose by 21 to 498, marking the sixth straight week rose.
And Shetland hopes to cash in on the next big thing: the decommissioning of old oil rigs, which will soon require billions of pounds of investment.
Singapore's manufacturing sector has been hit by a fall in global oil prices, which have dampened demand for oil rigs built by Keppel and Sembcorp Marine.
Oil prices continued to recover despite data showing U.S. energy firms adding oil rigs for a third week in a row, suggesting higher production to come.
Mr Abou Jaoudé laughs fondly, explaining that neither of these scenes features in the film—and that Lebanon does not have any deserts or oil rigs.
More than half the total U.S. oil rigs are in the Permian where active units fell by five this week to 2051, the lowest since June.
Also pressuring the market, oil services firm Baker Hughes reported that U.S. oil rigs rose by 247.50 this week, the first double-digit growth since August.
Energy services firm Baker Hughes said drillers added 11 oil rigs in the week to April 13, bringing the total count up to 683, said Reuters.
Meanwhile, Andy Hendricks, CEO of Patterson-UTI Energy, told CNBC on Monday that oil rigs have not hit bottom, the company still sees rigs coming down.
This kind of flight is also something DJI believes will appeal to industrial-grade customers looking to execute high-risk work like inspecting offshore oil rigs.
Gas prices will probably rise in some parts of the country, too, since the Gulf Coast is home to lots of oil rigs and platforms. 2.
"Since its trough on May 27, 2016, producers have added 112 (+35 percent) oil rigs in the U.S.," U.S. bank Goldman Sachs said in a note.
At the same time, the number of oil rigs operating in U.S. oil fields crept up in November, a trend that tends to weigh on prices.
U.S. energy companies added 26 oil rigs looking for new production this week, boosting the count to 791, the highest since April 2015, General Electric's
Those of us who have been fighting to keep the Atlantic free of oil rigs return often to the devastating example of the BP Deepwater Horizon.
In the past four weeks nine idled oil rigs have been put back to work in the Permian basin, the richest of America's shale-oil provinces.
U.S. producers added nine oil rigs last week, the biggest jump since June, raising the count to 738, energy services firm Baker Hughes said on Friday.
"With this course of events, in the next five years or so, all Iranian oil rigs will be very old and inefficient," said Reza Mostafavi Tabatabaei.
She recalled growing up watching her father, who worked his way up from menial jobs to work on the oil rigs, manage through booms and busts.
In all shapes and sizes, drones measure hurricane intensity, count penguins, look for structural flaws on oil rigs and deliver lifesaving medicines to remote jungle villages.
More than half the total U.S. oil rigs are in the Permian basin in West Texas and eastern New Mexico, the country's biggest shale oil formation.
Litter, urban runoff, dead zones, leaking oil rigs and other factors put stress on sea life, notably fish, and cause alarming changes in our marine environment.
There have also been media reports that the administration intends to weaken the well control rule, which was developed to prevent future explosions on oil rigs.
Oilfield services firm Baker Hughes reported the number of oil rigs operating in the United States rose by 2 to a total of 766 last week.
"I'm swimming around in these murky waters, over oil rigs, and these barracuda can literally rip your arm clean off," Coetzee said of his fishing experience.
The reason oil rigs are so visible in the nighttime sky is because they are often topped with a flare stack — or an open gas flame.
Futures held their losses after oilfield services firm Baker Hughes reported its weekly count of oil rigs operating in U.S. fields rose for an eighth straight week.
The market shook off a closely-followed industry report that showed a fourth weekly rise in the last five in the number of U.S. oil rigs operating.
Oilfield services firm Baker Hughes reported on Friday its weekly count of oil rigs operating in the United States fell for the first time in 11 weeks.
Drillers cut 211 oil rigs in the week to May 250, bringing the total rig count down to 260, Baker Hughes said in its closely followed report.
The number of American oil rigs has risen to 617 from 386 a year ago, producing 400,000 barrels a day more than at the lows in September.
Also on Friday, Baker Hughes reported the number of oil rigs operating in U.S. oilfields fell by 4 to a total of 328 in the previous week.
Another bullish signal for crude was a second week of declines in U.S. drilling operations, with energy companies cutting oil rigs to the lowest since March 2018.
In 2015, drillers cut on average 18 oil rigs per week for a total of 963 for the year, the biggest annual decline since at least 8.73.
Despite the Nitze's close proximity to off-shore oil rigs, the ship altered course to move away from the approaching Iranian vessels and avoid a potential collision.
Also on Wednesday, Baker Hughes reported the number of oil rigs operating in U.S. fields rose by 3 to a total of 474 in the latest week.
U.S. drillers have added oil rigs for 2500 straight weeks and shale production in May was set for its biggest monthly increase in more than two years.
More than half the total U.S. oil rigs are in the Permian where active units were unchanged after falling last week to 473, the lowest since June.
U.S. drillers added four oil rigs in the week to March 16, bringing the total count to 800, the weekly Baker Hughes drilling report said on Friday.
Energy services firm Baker Hughes said U.S. drillers added oil rigs for an 18th week in a row, the second-longest streak of weekly additions on record.
U.S. drillers added eight oil rigs in the week to May 19, bringing the total count to 720, the most since April 2015, according to Baker Hughes.
U.S. drillers have added oil rigs for 14 straight weeks and shale production in May was set for its biggest monthly increase in more than two years.
Drillers cut eight oil rigs in the week to April 2375, bringing the total rig count down to 2400 Baker Hughes said in its closely followed report.
Since May, when U.S. crude prices hit $50 a barrel, drillers have added rigs in 22 of 25 weeks, with 155 additional oil rigs over that period.
If correct, that would be the first decline in the rig count in three years after drillers added 138 oil rigs in 2018 and 0013 in 2017.
A weekly count of oil rigs operating in U.S. fields ticked up by 5 to a total of 820, oilfield services firm Baker Hughes reported on Friday.
Futures held their losses after oilfield services firm Baker Hughes reported the number of oil rigs operating in U.S. fields fell by 2 in the latest week.
U.S. energy companies added oil rigs for a third week in a row even though crude prices have declined about 8 percent over the past three weeks.
Baker Hughes reports that an average of six oil rigs were added each week in May, down from more than 13 per week in March (tmsnrt.rs/2sdCJhB).
SBM Offshore was also at the top of the European benchmark, after the Dutch supplier of oil rigs was awarded contracts for Exxon Mobil's Liza development project.
Oil prices were slightly lower as expectations of an output deal extension were offset by U.S. drillers' adding the most oil rigs in a week since June.
Also on Friday, oilfield services firm Baker Hughes reported the number of oil rigs drilling in the United States fell by 5 to a total of 510.
Energy services firm Baker Hughes said on Thursday that drillers added 2000 oil rigs in the week to April 21.3, bringing the total count up to 683.
Oil rigs alone fell for a 22015th week in a row this week with the rig count down six to 240, the lowest level since December 22017.
After all, the assets of those major companies — Exxon Mobil's oil rigs and Google's search algorithm and all the rest — don't really change from day to day.
Right now these bots are mostly being used for surveying jobs, where using robots is cheaper or safer than using humans (such as on remote oil rigs).
U.S. producers added about 231 oil rigs in the six months to June 30, a 44 percent jump, according to data from oil services firm Baker Hughes.
Crude was also pressured by a rise in the number of active U.S. oil rigs to a three-year high of 804, implying further rises in production.
Oil rigs have been established in contested waters, while artificial "islands" constructed from coral reefs are serving as military bases just miles from the Southeast Asian coastline.
Drillers cut 8 oil rigs in the week to April 8, bringing the total rig count down to 354, Baker Hughes said in its closely followed report.
Oil futures held their gains after Baker Hughes reported its weekly count of oil rigs operating in the United States fell for the second week in three.
U.S. drillers added two oil rigs in the week to July 14, bringing the total count up to 765, energy services firm Baker Hughes said on Friday.
In 22017, drillers cut on average 2425 oil rigs per week for a total of 2489 for the year, the biggest annual decline since at least 973.
Bjarne Schieldrop, chief commodities analyst at SEB, said he expects 198 new U.S. oil rigs to come into action this year, with 51 added so far this year.
The U.S. weekly oil and gas rig count from Baker Hughes showed that U.S. drillers added 15 oil rigs in the week, the 12th gain in 13 weeks.
In 2015, drillers cut on average 21 rigs per week for a total of 2100 oil rigs for the year, the biggest annual decline since at least 240.
The number of oil rigs increased by 10 to 351 last week but the total number of U.S. rigs is still 45 percent lower than a year ago.
Prior to that, drillers cut on average 10 oil rigs per week this year, after reducing on average 18 rigs per week last year, on worries of oversupply.
But if growth shifts back towards industry – and to developing economies, as many forecast it will - distillates used in mines, oil rigs and agriculture could get a boost.
Before this week, drillers have added rigs in only two weeks so far this year, cutting on average 2017 oil rigs per week for a total of 20163.
In the United States, energy companies added oil rigs for a 17th consecutive week, bringing the total count up to 703, the most since April 2015, data showed.
U.S. energy firms added oil rigs for a 17th week in a row, extending a 12-month drilling recovery, energy services firm Baker Hughes Inc said on Friday.
More than half the total U.S. oil rigs are in the Permian where active units fell by three this week to 481, matching its lowest level since August.
U.S. drillers added five oil rigs this week, bringing the total count to 825, the highest level since March 2015, General Electric's Baker Hughes energy services firm said.
Weir, which makes pumps and valves used in oil rigs, said pretax profit for the year fell to 220 million pounds from 409 million pounds a year earlier.
Data on Friday showed a record 22nd consecutive week of increases in the number of U.S. oil rigs, bringing the count to 747, the most since April 2015.
Shares in the insurer, which writes policies for heavy-duty assets such as oil rigs, ships and aircraft, were the second top percentage loser on London's midcap index.
Oilfield services firm Baker Hughes reported on Friday that its weekly count of oil rigs operating in U.S. fields fell by two rigs, the first decline since January.
The Bureau of Land Management gave out new identification cards for all its employees to wear out in the field — complete with illustrations of oil rigs and cowboys.
"Thanks to that drilling mandate slipped into their 28500 tax scam, the Trump administration is now recklessly rushing to ruin the Arctic Refuge with oil rigs," Huffman said.
Sete, which leased oil rigs to Brazil's state oil firm Petroleo Brasileiro SA (Petrobras), filed for bankruptcy protection in 2016 after being engulfed in a massive corruption scandal.
But the Warriors' growing influence is apparent here in Levelland, a small city of 14,000 set amid cotton fields and oil rigs about 30 miles west of Lubbock.
U.S. drillers may be anticipating higher prices as well and last week increased the number of their oil rigs by the most in a week since February 2018.
U.S. drillers added oil rigs for the first time in three weeks, energy services firm Baker Hughes reported on Friday, increasing the rig count by 2 to 862.
U.S. energy firms cut oil rigs for a fifth week in a row to the lowest level since November 2009, oil services company Baker Hughes said on Friday.
"Thanks to that drilling mandate slipped into their 85033 tax scam, the Trump administration is now recklessly rushing to ruin the Arctic Refuge with oil rigs," Huffman said.
Today, the town consists of three interstate exits' worth of tract housing and fast food, surrounded by open-pit mines and pinned to the map by oil rigs.
Prices briefly pulled back after Baker Hughes reported its weekly count of oil rigs operating in the United States jumped by 255 rigs to a total of 765.
RIG-OL-USA-BHI For the third quarter, the increase of five oil rigs was the smallest since drillers cut three rigs in the fourth quarter of 2017.
" * "It's bad ... and it's damn hard to find work (for oil rigs) ... but there is change now, you see a lot more inquiries coming in, from earlier nothing.
I visited the Nigerian-born artist Ade Adesina, whose massive linocut prints juxtapose Edenic natural scenes with the heavy footprint of industries like Aberdeen's own offshore oil rigs.
More than half the total U.S. oil rigs are in the Permian basin, where active units fell by seven this week to 2038, also the lowest since May 2018.
In 22017, drillers idled a total of 22018 oil rigs, the first annual cut since 249 and the biggest annual decline since at least 143, according to Baker Hughes.
Also on Friday, oilfield services firm Baker Hughes reported the number of oil rigs drilling in U.S. fields remained unchanged from the previous week at a total of 318.
"However, you look at rig counts ... with the number of U.S. oil rigs increasing by seven, that's a point that should cap an extreme advance in prices," Headrick said.
Homeowners and car insurance is enough of a nightmare for most of us to handle but Surematics is targeting even more difficult cases — awkward expensive items like oil rigs.
Active units in the Permian, where more than half of the country's oil rigs are located, declined by two this week to 473, their lowest level in five weeks.
U.S. energy companies last week reduced the number of oil rigs operating for a fourth week in a row, leaving the rig count down for an eighth consecutive month.
U.S. energy firms added oil rigs for a fourth week in the last five, bringing the total count to 886, the highest since March 2015, data showed on Friday.
Drillers added eight oil rigs in the week to May 19, bringing the total count to 720, the most since April 2015, energy services firm Baker Hughes Inc BHI.
Oilfield services firm Baker Hughes reported the largest weekly rise in its count of oil rigs operating in U.S. fields since a recovery began at the end of June.
That reduction, or at least part of it, is down to unusually cold temperatures in Siberia that have forced work at oil rigs to grind to a shivering halt.
The ballot measure was designed to safeguard thousands of miles of Florida's tourist-friendly white sand beaches from oil rigs like the one that caused the Deepwater Horizon disaster.
They realized their expenses would grow so large that their final product would get little demand "beyond fishing boats and oil rigs," according to a media report from 2002.
Meanwhile, U.S. energy firms this week reduced the number of oil rigs operating for a third week in a row as drillers follow through on plans to cut spending.
U.S. energy companies last week cut the number of active oil rigs to their lowest in almost nine months as some producers follow through on plans to cut spending.
America has sustained oil production of above 9m barrels a day, despite a sharp fall in the number of oil rigs, suggesting that shale firms are becoming more efficient.
U.S. drillers added nine oil rigs in the week to April 28, bringing Baker Hughes' count to the most since April 2015, the energy services company said on Friday.
The number of oil rigs operating in U.S. oil fields fell by 8 to a total of 354 in the previous week, oilfield services firm Baker Hughes said Friday.
Mr Dijk says the only people who seem to manage it are shift workers on offshore oil rigs, who labour in windowless rooms and do not take weekends off.
"The satellite will play an important role in monitoring the marine environment, islands and reefs, and ships and oil rigs," the China Daily said, citing project leader Xu Fuxiang.
Investment in oil rigs and the like has fallen by almost 70% over the past two years, adjusted for inflation, as investors have mothballed shale-oil and -gas projects.
U.S. energy companies added oil rigs for the first week in seven after a 14-month drilling recovery stalled in August, energy services firm Baker Hughes said on Friday.
IBM also said it signed up new clients such as Dutch drone maker Aerialtronics to use IoT for inspecting oil rigs, power lines, cellphone towers and city traffic patterns.
Man-made structures like docks or oil rigs are easier for jellyfish polyps to attach to than sand or rocks on the ocean floor, according to the Smithsonian Institute.
That is well below the 652 oil rigs active during the same week a year ago, but is up from the recent bottom of 316 rigs seen in May.
And we concentrated on local materials like the stainless steel they use on Norwegian oil rigs because we knew they would wear well over time even in extreme weather.
U.S. energy firms cut oil rigs for a fifth week in a row to the lowest level since November 2009, oil services company Baker Hughes Inc said on Friday.
U.S. oil rigs rose by 10 to 752 this week, the biggest increase since June and the first time drillers added rigs in five weeks, according to Baker Hughes.
The number of oil rigs at work in U.S. fields rose by a single rig to a total of 800, according to the latest weekly report from Baker Hughes.
As oil prices rose throughout much of last year and the first quarter of 2017, the number of oil rigs drilling wells in the United States more than doubled.
U.S. energy firms cut oil rigs for a second week in three, the Baker Hughes energy services firm reported, with drillers cutting spending plans in reaction to declining crude prices.
According to oil services firm Baker Hughes, producers added 11 oil rigs this week, the biggest increase since December, signalling a near-two year rout in drilling may have ended.
The rig count, an early indicator of future output, is still higher than the 425 active oil rigs a year ago as energy companies pursued ambitious spending programs for 2017.
U.S. energy companies added oil rigs for the first week in seven and Iraq announced its exports rose slightly in September while OPEC overall boosted output, a Reuters survey showed.
Also on Friday, Baker Hughes reported the number of oil rigs operating in U.S. fields rose by 3 to 374 last week, marking the fifth straight increase in a row.
Weekly U.S. rig count data, an indicator of future output, showed U.S. energy firms this week reduced the number of oil rigs operating for a third week in a row.
The 123 oil rigs being acquired include Transocean's entire jackup fleet, which is comprised of 10 of Transocean's own rigs and five new rigs under construction, the press release said.
Two of those oil rigs were added in the Bakken shale producing region in North Dakota, bringing the total up to 2400, the first additions in the basin since November.
Futures slightly pared losses after oilfield services firm Baker Hughes reported its weekly count of oil rigs operating in the United States fell by 10 to a total of 362.
The daughter of Nigerian immigrants, Uwamanzu-Nna already has an impressive CV: She was an Intel finalist for research on cement that could keep underwater oil rigs from breaking apart.
The oil sector strike included workers on at least 25 of the 46 oil rigs Petrobras operates in the lucrative Campos basin, responsible for nearly half of Brazil's petroleum production.
Analysts generally agreed it was early to read too much into that rise, since oil rigs had fallen by two-thirds over the past year to their lowest since 2009.
GE's power conversion business makes electrical motors and positioning systems for oil rigs, bulk transport ships and aircraft carriers, as well as power converters for solar farms, mines and mills.
On April 20153th a former executive at the company claimed that Renan Calheiros, the PMDB speaker of the Senate, had taken $22015m in bribes from a supplier of oil rigs.
This week's U.S. rig count, an early indicator of future output, ticked up by two oil rigs to a total of 751, oilfield services firm Baker Hughes reported on Friday.
U.S. output C-OUT-T-EIA hit 9.56 million bpd at the end of September, highest since July 2015, and drillers added six oil rigs in the week to Sept.
U.S. drillers added two oil rigs in the week to June 1, bringing the total to 861, the most since March 2015, energy services company Baker Hughes said on Friday.
Lloyd's, the insurance market which covers risks from oil rigs to soccer stars' legs, said all policies must provide clarity on cyber insurance by either excluding or definitely providing cover.
NIDC has 73 onshore and offshore oil rigs - but 17 of them generate "zero income" and six rigs are only partially active, a source familiar with the companys operations said.
NIDC has 73 onshore and offshore oil rigs - but 17 of them generate "zero income" and six rigs are only partially active, a source familiar with the company's operations said.
U.S. drillers added six oil rigs in the week to July 15, the third straight week of additions, according to a report by oilfield service provider Baker Hughes Inc BHI.
The number of oil rigs operating in U.S. oil fields rose by 12 to 759, according to a closely watching count by Baker Hughes, an early indicator of future output.
Drillers added eight oil rigs in the week to June 9, bringing the total count to 741, the most since April 2015, energy services firm Baker Hughes said on Friday.
The company, which insures heavy-duty assets such as oil rigs, ships and aircraft, said its pretax profit fell to $171.7 million in 2015 from $226.5 million a year earlier.
U.S. energy firms idled eight working oil rigs, the first reduction in three weeks, as producers followed through on plans to slash spending, energy services firm Baker Hughes Co BRK.
It was a slowdown in the pace of reductions as drillers cut on average 22017 rigs per week in 2015 for a total of 963 oil rigs for the year.
Louisiana-based Harvey Gulf International Marine LLC, which has more than 50 vessels in its fleet and supplies offshore oil rigs among other services, filed for Chapter 11 bankruptcy in Houston.
U.S. energy companies cut eight oil rigs this week, the biggest reduction since May 2016, extending a drilling decline that started over the summer when prices slipped below $50 a barrel.
This week, drillers cut four oil rigs in the Bakken in North Dakota and Montana, bringing the total to 49, the lowest rig count in the basin since at least 2009.
U.S. energy firms last week reduced the number of oil rigs operating by two, to 825, General Electric Co's Baker Hughes energy services firm said in its weekly report on Thursday.
In the United States, energy firms last week increased the number of oil rigs operating for the second time in three weeks, a weekly report by Baker Hughes said on Friday.
Drillers added nine oil rigs in the week to May 8623, bringing the total count up to 712, the most April 2015, energy services firm Baker Hughes Inc said on Friday.
U.S. energy companies reduced the number of oil rigs operating this week, leading to a record 11-month decline as producers follow through on plans to cut spending on new drilling.
U.S. energy firms reduced the number of oil rigs operating for a third week in a row as drillers follow through on plans to cut spending amid a global supply glut.
Meanwhile, U.S. energy companies this week reduced the number of oil rigs operating for the first time in three weeks as drillers follow through on plans to cut spending this year.
Weekly production figures point to stabilization in August and September as the number of oil rigs operating in U.S. oilfields continues to rise, Goldman Sachs said in a recent research note.
However, U.S. energy firms cut four oil rigs operating this week after three weeks of adding rigs, General Electric Co's Baker Hughes energy services firm said in its report on Friday.
Lloyd's, which covers risks from oil rigs to soccer stars' legs, has said it would launch a Brussels unit to continue serving its customers in the European Economic Area after Brexit.
Oil also trimmed some losses after data from Baker Hughes showed U.S. energy firms cut oil rigs for a fourth week in a row to the lowest level since November 2009.
Sete Brasil, which holds contracts to supply oil rigs to Petrobras, has filed for bankruptcy protection in a Rio de Janeiro court this year, after failing to pay some overdue debt.
Drillers began steadily putting up new oil rigs last summer as prices stabilized above $40 a barrel, and later, above $50 after OPEC and other producers finally agreed to cut output.
Drillers added nine oil rigs in the week to May 12, bringing the total count up to 712, the most since April 2015, energy services firm Baker Hughes said on Friday.
Drilling companies cut oil rigs for a second consecutive week as new drilling stalled in the third quarter with the fewest additions in a quarter since 2017, data showed on Friday.
The Lloyd's of London insurer, which writes policies for heavy-duty assets such as oil rigs, ships and aircraft, reported profit before tax of $33.6 million for the year ended Dec.
Meanwhile, U.S. energy companies last week cut oil rigs for a second time in the past three weeks as the rate of growth has slowed over the past couple of months.
Last week, U.S. drillers added oil rigs for a sixth consecutive week, according to a Baker Hughes report, as producers continued boosting spending on expectations for higher prices in the future.
The increase in oil rigs last week was driven by a rise in the more efficient horizontal rigs, as well as in vertical rigs, amid a small decline in directional rigs.
The company, a provider of insurance cover for heavy-duty assets such as oil rigs, ships and aircraft, also estimated ultimate net losses of about $30 million in its marine portfolio.
U.S. energy companies added oil rigs for the first week in seven and Iraq announced its exports increased slightly in September, when OPEC boosted overall output, according to a Reuters survey.
Prices pared earlier gains after oil services firm Baker Hughes Inc released its widely followed report showing U.S. drillers added 11 oil rigs this week, the biggest increase in three weeks.
The property and casualty insurer, which writes policies for heavy-duty assets such as oil rigs, ships and aircraft, said pretax profit fell to $150.4 million in the year ended Dec.
Energy services firm Baker Hughes said oil rigs fell by 8 to 729.. Traders also eyed risks from ongoing financial troubles of OPEC-members Venezuela and its state oil company PDVSA.
In the United States, meanwhile, energy companies this week added oil rigs for a seventh week in a row, extending a seven-month drilling recovery, according to data from Baker Hughes.
Alayn Herver, a 28-year-old native of the central state from which the cartel took its name, until last year worked on offshore oil rigs that dot the Tabasco shoreline.
But scientists can travel to areas around oil rigs and use water sampling and genome sequencing to find bacteria that could degrade oil, should a spill ever occur in those regions.
S. sanctions have idled a quarter of Iranian oil rigs * Iran coronavirus deaths reach 291, cases at more than 8,000 * SCENARIOS-Can't pay, won't pay: What now for Lebanon's debt crisis?
TOKYO — The Nidec Corporation likes to say it makes everything that "spins and moves," from the intricate motors that whir in hard drives to the hulking ones used on oil rigs.
Mr. Hartmann understands Lear's rejection of Cordelia as a sign of the older generation sacrificing the future; his production has an environmental message hammered home by film projections of oil rigs.
His father is a captain for the JAD Group of Warri, Nigeria; he operates a self-propelling, self-elevating vessel that provides service to oil rigs and other shallow-water stations.
Oil and gas companies and Mr. Trump's political supporters are cheering, even as they concede that this week's signing ceremonies will not produce new oil rigs in the next few years.
The Lloyd's of London insurer, which writes policies for heavy-duty assets such as oil rigs, ships and aircraft, said its profit leapt to $119.5 million for the year ended Dec.
U.S. energy companies added 26 oil rigs looking for new production last week, boosting the count to 791, the highest since April 2015, energy services firm Baker Hughes said on Friday.
Drillers removed eight oil rigs in the week ended March 240, bringing the total rig count down to 22016, oil services company Baker Hughes Inc said in its closely followed report.
She was also named her school's valedictorian and was a finalist at the 2016 Intel Science Talent Search for her research on cement that could help prevent underwater oil rigs from rupturing.
For satellite imagery companies, CrowdAI labels farms, oil rigs, buildings, cars in parking lots and more, which can help their customers predict output, monitor construction or estimate the popularity of a business.
U.S. energy companies last week added oil rigs, with the monthly rig count rising for the first time since July, to 747 active rigs, as producers are attracted by climbing crude prices.
The number of active oil rigs held steady at 863 in the week to July 13, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
Drillers added five oil rigs in the week to April 20163, bringing the total count up to 688, the most since April 2015, energy services firm Baker Hughes Inc said on Friday.
Drillers added six oil rigs in the week to May 5, bringing the total count up to 703, the most since April 2015, energy services firm Baker Hughes Inc said on Friday.
They cut on average 2408 oil rigs per week for a total of 963 in 2015, the most since at least 1988 amid the biggest rout in crude prices in a generation.
Drillers added 8 oil rigs in the week to June 9, bringing the total count up to 741, the most since April 2015, energy services firm Baker Hughes Inc said on Friday.
U.S. energy companies also reduced the number of oil rigs operating this week, leading to a record 11-month decline as producers follow through on plans to cut spending on new drilling.
U.S. drillers added 10 oil rigs in the week to May 11, bringing the total count to 844, the highest level since March 2015, energy services firm Baker Hughes said on Friday.
Oil prices had rallied on the upbeat U.S. jobs report, signs that Washington's sanctions on Venezuelan exports have helped tighten supply and data showing U.S. drillers cut the number of oil rigs.
The addition, coming after oil rigs had fallen by two-thirds over the past year to 2009 lows, showed crude drilling picking up again after a 50 percent price rally since February.
U.S. energy firms last week cut the number of oil rigs looking for new reserves to the lowest in almost nine months as some producers follow through on plans to cut spending.
Leslie James, 39, has done more work scuba diving with Tobago tourists since October when his employer, U.S.-based Tidewater, trimmed operations supplying food and generators to oil rigs off Trinidad's coast.
On Friday, an industry report showed the number of oil rigs operated by U.S. drillers held steady for the first time this year, following a near two-year slump in the count.
U.S. drillers added eight oil rigs in the week to June 9, bringing the total count to 741, the most since April 2015, energy services firm Baker Hughes Inc said on Friday.
U.S. energy companies last week added oil rigs, with the monthly rig count increasing for the first time since July, to 747 active rigs, as producers are attracted by rising crude prices.
Drillers added six oil rigs in the week to June 8623, bringing the total count up to 747, the most since April 2015, energy services firm Baker Hughes Inc said on Friday.
When Lu first immigrated to the United States, he used to work for a company called EcoMar, where divers were hired to clean the oil rigs off the coast of Southern California.
Drillers added 10 oil rigs in the week to March 20173, bringing the total count up to 662, the most since September 2015, energy services firm Baker Hughes Inc said on Friday.
Strength in the U.S equities market and data showing U.S. energy firms this week reduced the number of oil rigs operating for the first time in three weeks helped support oil prices.
U.S. energy companies added three oil rigs in the week to July 27, the first time in the past three weeks that drillers have increased activity, data released on Friday that showed.
In December, sources told Reuters that German cooperative lender DZ Bank was moving ahead with plans to sell its subsidiary DVB, which finances ships, aircraft, offshore oil rigs and the rail industry.
The Commodity Weather Group said on Sunday some oil rigs in the gulf area may be evacuated as a precaution, which may slow down operations but was not likely cause much interruption.
"Permian and Bakken shale basins still saw active oil rigs rising by 2 and 3 last week, respectively, and are likely to keep U.S. oil production on (an) increasing trend," ING said.
Meanwhile, the attempts of the Saudis to cripple America's fracking production seem to have failed; figures from Baker Hughes show that the number of American oil rigs has increased for 22 consecutive weeks.
The number of active U.S. oil rigs rose to the highest since November 33 last week, according to Baker Hughes data, showing drillers are taking advantage of oil prices above $23 a barrel.
The number of active U.S. oil rigs rose to the highest since November 2015 last week, according to Baker Hughes data, showing drillers are taking advantage of oil prices above $50 a barrel.
U.S. energy firms this week increased the number of oil rigs operating for the second time in three weeks, General Electric Co's Baker Hughes energy services firm said in its report on Friday.
The latest sign of renewed U.S. production came on Friday after oilfield service firm Baker Hughes reported its weekly count of U.S. oil rigs topped 600 for the first time since October, 53.
Sky-Futures, the drone startup that flies drones around oil rigs and gas pipelines and analyses the captured data to spot problems before they become a problem, has raised an additional $5.7 million.
U.S. energy firms this week reduced the number of oil rigs operating for the first time in three weeks as production growth forecasts from shale, the country's largest oil fields, continue to shrink.
Drillers cut eight oil rigs in the week to April 18, bringing the total count down to 825, General Electric's Baker Hughes energy services firm said in its closely followed report on Thursday.
The U.S. oil rig count rose by three last week, and Goldman Sachs said that "since its trough on May 27, 2016, producers have added 158 oil rigs (+50 percent) in the U.S.".
Drillers added three oil rigs in the week to July 27, bringing the total count to 861, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
The same applies to Industrial IoT (IIoT), in which you must deal with a lot of machinery and infrastructure that already exists, such as roads, bridges, buildings, factories, power plants, oil rigs, etc.
Drillers added 22 oil rigs in the week to June 250, bringing the total rig count up to 22016, compared with 251 a year ago, Baker Hughes said in its closely followed report.
U.S. energy firms reduced the number of oil rigs operating for a second week in a row, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
Drillers added five oil rigs in the week to July 6, bringing the total count to 863, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
A closely watched report from oil services firm Baker Hughes showed the number of active U.S. oil rigs rose by 250 this week, the 242th week without a decline in the rig count.
Companies added three oil rigs in the week to May 31, bringing the total count to 20193, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
U.S. energy companies last week increased the number of oil rigs looking for new supply by three to a total of 857, energy services firm Baker Hughes said in a report on Friday.
U.S. energy companies last week increased the number of oil rigs looking for new supply by three to a total of 857, energy services firm Baker Hughes said in a report last Friday.
Drillers added three oil rigs in the week to June 2315, bringing the total rig count up to 2697, compared with 22017 a year ago, Baker Hughes said in its closely followed report.
And while U.S. energy firms added oil rigs for a second week in a row according to Friday data from Baker Hughes, the pace of additions has slowed to its lowest this year.
Since crude topped $50 a barrel in May, June and October, drillers have added 8963 oil rigs, its biggest recovery in over two years since prices collapsed due to a global oil glut.
U.S. drillers this week added oil rigs for an eighth consecutive week, the longest recovery streak in the rig count in more than two years, data from oil services firm Baker Hughes showed.
RIG-OL-USA-BHI> More than half the total U.S. oil rigs are in the Permian basin, where active units fell by seven this week to 2038, also the lowest since May 2018.
Dung made headlines in 2014 when he demanded that Beijing stop deploying oil rigs into a disputed territory in the South China Sea, known as the Paracel Islands or Xisha islands in China.
To improve the "culture of safety" on oil rigs and prevent future spills or blowouts, the new rule tightens requirements for blowout preventers, well design, well control casing, cementing and sub-sea containment.
NEW YORK (Reuters) - U.S. drillers added oil rigs for a sixth consecutive week, extending a nine-month recovery as shale producers ramp up spending to take advantage of a recovery in oil prices.
Since crude topped $50 a barrel in May, June and October, drillers have added 134 oil rigs, its biggest recovery in over two years since prices collapsed due to a global oil glut.
The number of active oil rigs has now increased to 22017, and thousands of extra wells have been drilled in the meantime, with many still waiting on completion services before starting to flow.
Companies added two oil rigs in the week to April 12, bringing the total count to 0163, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
U.S. energy companies this week added oil rigs, with the monthly rig count rising for the first time since July as crude prices traded near their highest levels since the summer of 2015.
I-203 ends in downtown Galveston, once known as the "Wall Street of the South": a mix of historic homes, dry-docked oil rigs, beach bars and the University of Texas Medical Branch.
Lancashire, which offers insurance schemes for heavy-duty assets such as oil rigs, ships and aircraft, last month warned of catastrophe losses of $25 million to $45 million from recent hurricanes and typhoons.
Over 1,200 oil rigs have been idled in the United States over the last two years, and most oil companies have slashed their exploration budgets by more than 40 percent from 2014 levels.
The U.S. rig count, an early indicator of future output, rose by 10 oil rigs last week to 752 and is much higher than a year ago when only 522 rigs were active.
Contrary to some portrayals, AI is less about the Terminator and more about using powerful cognitive computing to find new treatments for cancer, improve crop yields and make structures like oil rigs safer.
Removing, dismantling, cleaning and recycling old oil rigs and pipelines is an obligation of all oil and gas operators in the UK, and as the industry matures decommissioning is an area of opportunity.
If you're instead building offshore oil rigs, you're taking some of the options off the table for the clean energy future that Environment Georgia and a lot of other people are pushing for.
At least 2130 of about 22018 oil rigs in Iran remain idle or under repair, according to a Reuters review of information from two industry sources, drilling companies' websites and quarterly financial results.
If we do not rise to the defense of these sacred lands, Bears Ears National Monument will be reduced to oil rigs and derricks, shining bright against an oiled sky of obliterated stars.
The day's losses briefly eased after oilfield services firm Baker Hughes reported its weekly count of oil rigs operating in the United States ticked down by one rig to a total of 764.
The Commodity Weather Group said on Sunday that some oil rigs in the area may be evacuated as a precaution, which may slow down operations but was not likely to cause much interruption.
S. oil rigs has risen by just 29 since hitting an 11-year low of 666 in November last year, compared with a rise of 346 in U.S. rigs in just 10 months.
U.S. energy firms reduced the number of oil rigs for a record 10th month in a row through September as producers follow through on plans to cut spending on new drilling this year.
OSLO, Dec 12 (Reuters) - Norway's Petroleum Safety Authority (PSA) has told Transocean, Maersk Drilling and Odfjell Drilling to beef up emergency evacuation equipment and procedures on offshore oil rigs, it said on Wednesday.
Drillers cut 5 oil rigs in the week to July 20, bringing the total count down to 858, General Electric's Baker Hughes energy services firm said in its closely followed report on Friday.
U.S. drillers added two oil rigs in the week to June 1, bringing the total to 861, the most since March 2015, General Electric Co's Baker Hughes energy services firm said on Friday.
Companies added four oil rigs in the week to June 28, bringing the total count to 793, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
More than half the total U.S. oil rigs are in the Permian basin, the nation's biggest shale field, where active units fell by five this week to 454, also the lowest since April 2018.
Aveva, which makes software used to design oil rigs, ships and nuclear power stations, said Longdon would move to the role of president for 12 months after stepping down as CEO from Dec. 31.
More than half the total U.S. oil rigs are in the Permian where active units rose by three this week to 484, well short of a near four-year high of 493 in November.
Drillers cut eight oil rigs in the week to April 18, bringing the total count down to 20193, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Thursday.
Drillers cut eight oil rigs in the week to April 2032, bringing the total count down to 22018, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Thursday.
U.S. energy companies cut the most oil rigs in about four months last week, with the rig count falling to the lowest since January 2018, as producers cut spending on new drilling and completions.
U.S. energy firms this week cut the most oil rigs in about four months, with the rig count falling to the lowest since January 2018, as producers cut spending on new drilling and completions.
Strength in the U.S equities market and data showing U.S. energy firms this week reduced the number of oil rigs operating for the first time in three weeks helped lend support to oil prices.
U.S. oil drillers cut five oil rigs in the week to July 20113, bringing the total count down to 22011, General Electric Co's Baker Hughes energy services firm said in its closely followed report.
He worked stints in Charleston, South Carolina, and on solar panel farms in California — with a period in between learning how to work on oil rigs in Texas — before heading to Belize in December.
U.S. energy companies this week added oil rigs for a 10th week in a row, bringing the total count up to 529, the most since December 2015, energy services firm Baker Hughes Inc BHI.
Drillers cut five oil rigs in the week to July 3, bringing the total count down to 788, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Wednesday.
U.S. energy firms last week increased the number of oil rigs looking for new supply by three, to a total of 857, energy services firm Baker Hughes said in a weekly report last Friday.
Drillers cut seven oil rigs in the week to March 29, bringing the total count down to 797, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Thursday.
Some fear oil rigs could also become a new target for pirates, who were the scourge of commercial shipping on nearby trade routes until naval protection and costly security on ships drove them away.
BOGOTA, Sept 6 (Reuters) - A 24-hour strike has stopped oil rigs and affected well maintenance at Ecopetrol's La Cira-Infantas oilfield, the Colombian state-run company and the USO union said on Thursday.
Drillers cut two oil rigs in the week to May 20193, bringing the total count down to 805, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
But that was well off session lows as oil got a sentiment boost after the weekly oil rig count, released Thursday due to the Good Friday holiday, showed a drop of 15 oil rigs.
U.S. energy firms have added oil rigs 17 consecutive weeks, extending a 12-month drilling recovery that is expected to help boost crude production in the United States to a record high next year.
Drillers cut four oil rigs in the week to March 9, bringing the total count down to 796, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
However, the rate of growth has slowed this year as U.S. energy firms have reduced the number of oil rigs as producers follow through on plans to cut spending on new drilling this year.
More than half the total U.S. oil rigs are in the Permian basin, the nation's biggest shale oil field, where active units fell by six this week to 459, the lowest since May 2018.
Buhari is set to travel to Equatorial Guinea on Monday for talks with the country's president about combating crude oil theft, attacks on oil rigs, piracy and arms smuggling in the Gulf of Guinea.
In the bankruptcy of CHC Group, a company that flies workers to oil rigs, funds associated with Bain Capital and Wayzata Investment Partners and others split $30 million for backstopping a $300 million offering.
In Brazil, the FUP oil workers union said workers had joined the call for a nationwide strike on at least 20 oil rigs in the lucrative Campos basin and other areas of the country.
Drillers cut six oil rigs in the week to March 29, bringing the total count down to 798, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Thursday.
Drillers cut four oil rigs in the week to June 29, bringing the total count down to 858, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
U.S. drillers this week cut five oil rigs, the most since March, according to a Baker Hughes report, with the rate of growth slowing over the past month with recent declines in crude prices.
U.S. energy firms last week increased the number of oil rigs looking for new production by three, to a total of 857, energy services firm Baker Hughes said in a weekly report last Friday.
Meanwhile, U.S. shale oil output has risen about 10 percent since last year to 9.4 million bpd, with the number of U.S. oil rigs in operation at the highest in more than three years.
They cut on average 29.4 oil rigs per week for a total of 22015 in 21972, the biggest annual decline since at least 20163 amid the biggest rout in crude prices in a generation.
The company, a provider of insurance cover for heavy-duty assets such as oil rigs, ships and aircraft, said energy gross premiums written increased 17.8 percent to $30.4 million in the quarter ended March 31.
U.S. energy companies this week added oil rigs for a 10th week in a row, bringing the total count up to 529, the most since December 2015, energy services firm Baker Hughes said on Friday.
Directed by the Venice, California-based team of twins called the Freise Brothers, the commercial, entitled "Tesla 'Not A Dream,'" includes gas trucks floating powerlessly into the sky as oil rigs smoke in the distance.
Also on Friday, Baker Hughes reported the number of oil rigs operating in the United States fell by 21.5 in the last week to a total of 22017, marking the eighth straight week of declines.
In Lofoten, tensions about climate change and the economy — and between the area's traditional cod fishing industry, the booming tourist industry, and uncertainty about whether oil rigs should move into the picturesque waters — all converge.
U.S. energy firms this week increased the number of oil rigs operating for the first time in four weeks but cut the rig count for the sixth straight month as most drillers cut spending plans.
More than half the total U.S. oil rigs are in the Permian basin in West Texas and eastern New Mexico, where active units decreased by six this week to 2032, the lowest since April 22018.
In the U.S., drillers added 10 oil rigs in the week to August 6.223, marking eight straight weeks of rig additions, while Iraq said it plans to increase its exports of crude oil, said Reuters.
"The number of active oil rigs — an indicator of future oil production — also fell from nearly 70 rigs in the first quarter of 2016 to 24 rigs in the first quarter of 2019," EIA states.
More than half the total U.S. oil rigs are in the Permian basin in West Texas and eastern New Mexico, where active units decreased by five this week to 441, the lowest since March 20193.
More than half the total U.S. oil rigs are in the Permian basin in West Texas and eastern New Mexico, where active units increased by three this week to 443 despite the national rig decline.
U.S. energy firms last week reduced the number of oil rigs operating for a fourth week in a row, with drilling slowing to its lowest in nearly a year, energy services firm Baker Hughes said.
UL said here on Wednesday its Chief Operating Officer Shirine Khoury-Haq is stepping down, the third big change this year at the insurance market that covers risks from oil rigs to soccer stars' legs.
In March the supreme court indicted the then-speaker, who enjoyed parliamentary immunity from prosecution in lower courts, on accusations of accepting $5m from a shipbuilder for a contract to sell oil rigs to Petrobras.
"It would appear that OPEC calls for restraint would be inevitable," said Jim Ritterbusch of Chicago-based oil markets consultancy Ritterbusch & Associates, citing concerns over rising numbers of U.S. oil rigs and weakening energy demand.
In the Permian basin in West Texas and eastern New Mexico where more than half the U.S. oil rigs are located, active units fell by three this week to 2049, their lowest level since July.
U.S. drillers added oil rigs for an eighth consecutive week, Baker Hughes data showed on Friday, and they have announced ambitious production growth plans as they rebound from a two-year price war with OPEC.
U.S. drillers added two oil rigs this week, bringing the total count to 2214, still the highest level since March 20172, General Electric Co's Baker Hughes energy services firm said in its closely followed report .
More than half the total U.S. oil rigs are in the Permian basin in West Texas and eastern New Mexico, where active units decreased by six this week to 437, the lowest since March 2018.
More than half the total U.S. oil rigs were in the Permian basin in West Texas and eastern New Mexico, where active units fell by eight this week to 22019, their lowest since January 284.6.
The company, which writes policies for heavy-duty assets such as oil rigs, ships and aircraft, said pretax profit rose to $28.7 million in the quarter ended March 31, from $26.5 million a year earlier.
In oil markets, U.S. energy companies last week cut oil rigs for the first time in almost two months, with drillers cutting back four rigs, to 796, Baker Hughes energy services firm said on Friday.
"The U.S. oil rig count continued its rally this week, up by 22015 rigs...Since its trough on May 27, 2016, producers have added 161 oil rigs (+51 percent) in the U.S.," Goldman Sachs said.
U.S. energy firms this week added oil rigs for a fifth time in six weeks, keeping the rig count at its highest in over three years and crude production from shale basins at a record high.
Oil prices briefly pared gains after oilfield services firm Baker Hughes reported its weekly count of oil rigs operating in the United States increased by 29 to 551, compared with 522 at this time last year.
Lee says that this technology can be applied beyond its traditional use in athletics to being used to monitor the health of the elderly or to tracking working conditions of high-risk jobs on oil rigs.
The rig count decline was the seventh reduction in the past eight weeks and brings the total rig count down to about a third of the 22016,22018 oil rigs operating in same week a year ago.
On Friday, WTI futures had rallied 2.7 percent on the upbeat U.S. job report, signs that Washington's sanctions on Venezuelan exports have helped tighten supply and data showing U.S. drillers cut the number of oil rigs.
Investors are also watching the outlook for U.S. production, with drillers last week adding oil rigs for a fourth week in five, in the best month of producers returning to the well pad since August 2015.
Historically populating construction zones, oil rigs, farms and the ranches of the Midwest, the first crew cab made hauling a family of five just as easy when the four-door pickup was introduced in the 1950s.
The number of oil rigs operating in U.S. fields has rebounded 32 percent to 418 rigs since the end of May as American drillers squeeze profits out of their best acreage, primarily in Texas and Oklahoma.
Against this backdrop, better-than-expected investment returns helped the company, which writes policies for heavy-duty assets such as oil rigs, ships and aircraft, post pretax profit of $150.4 million for the year ended Dec.
The series centers around a group of ride-or-die friends, including Jennifer and Josh Welch, Lee Murphy and Angie "Pumps" Sullivan, who stand out in their town known mostly for oil rigs, churches and tornadoes.
Meanwhile shale drillers in the United States are already responding to the surging price: last week ten new oil rigs were deployed in America, bringing the country's total to its highest level in over three years.
The company, which writes policies for heavy-duty assets such as oil rigs, ships and aircraft, said pretax profit rose to $66.7 million in the six months ended June 30, from $56.6 million a year earlier.
" Dan Lashof, the chief operating officer of renewable-energy advocate NextGen Climate America, said the administration "stood up for a brighter, stronger future powered by clean energy — not dangerous oil rigs off our nation's precious coasts.
U.S. energy companies last week reduced the number of oil rigs operating to the lowest level in nearly a year, cutting the most rigs during one quarter in three years, energy services firm Baker Hughes said.
U.S. drillers added eight oil rigs in the week to June 9 RIG-OL-USA-BHI, bringing the total count to 741, the most since April 2015, energy services firm Baker Hughes Inc said on Friday.
U.S. drillers added oil rigs for the third consecutive week in the week to April 20 bringing the total count to 820, the highest since March 2015, according to General Electric's Baker Hughes energy services firm.
U.S. energy firms last week reduced the number of oil rigs operating to the lowest level in nearly a year, cutting the most rigs in a quarter in three years, Baker Hughes energy services firm said.
On Friday, oil prices settled more than 343 percent lower after the weekly oil and gas rig count from Baker Hughes Inc showed U.S. drillers added 15 oil rigs for the 12th gain in 13 weeks.
U.S. energy firms last week reduced the number of oil rigs operating for a fourth week in a row with drilling slowing to its lowest in nearly a year, according to Baker Hughes energy services firm.
Drillers added seven oil rigs in the week to July 7, bringing the total count up to 763, the most since April 2015, Baker Hughes energy services company said in its closely followed report on Friday.
Latest U.S. drilling data supported estimates for higher production, with 14 oil rigs added in the week to March 17 to 631, the most since September 2015, energy services company Baker Hughes Inc said on Friday.
A subcommittee will hear from Texas officials on Tuesday about the state's use of a program to convert old oil rigs into artificial reefs, and another panel will meet to discuss wildfire threats in National Forests.
Oil rigs began popping up in U.S. oil fields when prices approached $2000 a barrel, and analysts believe high-cost producers outside OPEC will further ramp up production if crude prices rise above $22017 a barrel.
Oil rigs began popping up in U.S. oil fields when prices approached $50 a barrel, and analysts believe high-cost producers outside OPEC will further ramp up production if crude prices rise above $55 a barrel.
Meanwhile, U.S. producers seemed undeterred by lower prices with drillers adding seven oil rigs this week, according to energy services company Baker Hughes, bringing the total rig count up to 763, the most since April 2015.
Drillers cut 19 oil rigs in the week to March 20, bringing the total count down to 664, the lowest since January, energy services firm Baker Hughes Co said in its closely followed report on Friday.
As the captain of a ship that supplied oil rigs in the Gulf of Mexico, he was often gone for a month at a time, and home for only a few weeks before shipping out again.
RIO DE JANEIRO (Reuters) - The decommissioning of 21 old oil rigs in the Campos Basin, Rio de Janeiro state, will cost around 50 billion reais ($12 billion) over the next five years, a state official said.
U.S. energy companies this week added the most oil rigs since May as drillers follow though on plans to spend more on exploration and production in anticipation of higher crude prices in 2018 than recent years.
U.S. energy firms this week increased the number of oil rigs operating for the first time in four weeks, and weekly production last stood at a record 12.3 million barrels per day (bpd).
But later, we see him pack up his stuff, telling Ralph Angel that he's going to back down to work at the oil rigs — and will probably stay there permanently, since there's nothing left for him here.
In 2015, drillers cut on average 18 oil rigs per week for a total of 963 for the year, the biggest annual decline since at least 1988 amid the biggest rout in crude prices in a generation.
Despite its forecast for slower growth, however, Evercore said it expects the total number of U.S. natural gas and oil rigs to rise each quarter for the rest of the year after bottoming in the first quarter.
Aveva, which makes software used to design oil rigs, ships and nuclear power stations, has struggled in recent years in part due to its exposure to oil and gas markets that have been battling a prolonged slump.
Last week, the amount of U.S. oil rigs drilling for new production rose for a fourth straight week to 798, in an indication that U.S. crude output, already at a record 10.27 million bpd, may rise further.
Last year Dr Nisbet's team used isotopic analysis and weather models to trace a cloud of methane over the North Sea not to one of its many oil rigs but to cows in the county of Lincolnshire.
U.S. energy firms this week reduced the number of oil rigs operating for a fifth week in a row as most independent producers cut spending even though majors were still pushing ahead with investments in new drilling.
While the price crash has been a boon for consumers and energy-intensive businesses, dozens of energy companies have gone bankrupt, putting blue collar workers in the coal mines, shale fields and oil rigs out of work.
U.S. energy companies added oil rigs for an 18th week in a row, the second-longest such streak on record, as higher crude prices motivated drillers to boost monthly shale production to its highest since mid-2015.
More than half the total U.S. oil rigs are in the Permian basin, where active units decreased by three this week to 2029, matching a recent low hit in March that was the lowest since April 21.
In 217, drillers cut on average 4001 oil rigs per week for a total of 21940 for the year, the biggest annual decline since at least 1988 amid the biggest rout in crude prices in a generation.
Lancashire, which writes policies for heavy-duty assets such as oil rigs, ships and aircrafts, said its exposure in Texas was that of a windstorm account, which excludes floods - the biggest cause of damage in the state.
Companies added 15 oil rigs in the week to April 5, the biggest increase since May, bringing the total count to 831, General Electric's Baker Hughes energy services firm said in its closely followed report on Friday.
Drillers added 28.9 oil rigs in the week to June 22016, bringing the total count up to 252, the most since April 22015, energy services firm Baker Hughes Inc said in its closely followed report on Friday.
In 22016, drillers cut on average 22017 oil rigs per week for a total of 4113 for the year, the biggest annual decline since at least 2411 amid the deepest rout in crude prices in a generation.
U.S. shale drillers have put more oil rigs to work as higher prices, supported by OPEC-led production cuts, allow them to break even on more new output in shale fields, which requires expensive advanced drilling methods.
U.S. energy firms this week increased the number of oil rigs operating for the first time in four weeks, and weekly production C-OUT-T-EIA last stood at a record 12.3 million barrels per day (bpd).
SHUTTING OFF THE TAP At least 2130 of about 22018 oil rigs in Iran remain idle or under repair, according to a Reuters review of information from two industry sources, drilling companies' websites and quarterly financial results.
Drillers cut 40 oil rigs in the week to March 27, bringing the total count down to 624, the lowest since March 2017, energy services firm Baker Hughes Co said in its closely followed report on Friday.
Last summer, potential buyers again signalled interest in buying DVB, which finances ships, aircraft, offshore oil rigs and the rail industry, but talks petered out quickly over differences over valuation, people close to matter said in September.
LONDON (Reuters) - Lloyd's of London said on Thursday insurance brokers who refuse to digitalize their business in 2019 could be thrown out of the centuries-old market, which covers risks from oil rigs to soccer stars' legs.
Needing a viable countermeasure, the Navy in 1965 struck a deal with Sewart Seacraft, a Louisiana shipyard that made zippy little runabouts that were used to ferry crews out to oil rigs in the Gulf of Mexico.
U.S. energy firms idled eight working oil rigs, the first reduction in three weeks, as producers followed through on plans to slash spending, energy services firm Baker Hughes Co said in its closely followed report on Friday.
Rogue waves in the ocean, which can be taller than the Hollywood sign or a six-storey building, are seemingly impossible to predict and can be devastating to any ships, oil rigs, and humans in their path.
It will mean that searches at depth, or underwater work on, say, oil rigs, is not limited by the time divers can stay down or how deep humans can go -- around 40 meters (130 m) for recreational divers.
Separately, in an early indicator of future output, U.S. energy companies last week reduced the number of oil rigs operating for the third time in four weeks, cutting them by two and bringing the count down to 805.
Others say that more rigs are being controlled semi-remotely; in the Gulf of Mexico, engineers in Houston use real-time data from oil rigs to make decisions, reducing the cost of shuttling them by helicopter to rigs.
U.S. energy firms this week increased the number of oil rigs operating for the first time in three weeks even as crude output decelerates with the rig count dropping five months in a row due to spending cuts.
The research consultancy also stated that any potential increase would not only take time, but would need more oil infrastructure, such as oil rigs, and that markets had generally jumped to conclusions about Saudi Arabia's oil output plans.
More than half of those oil rigs were located in the Permian basin in west Texas and eastern New Mexico where the number of active units increased by 18 this week to 427, the most since January 2015.
U.S. energy firms have added oil rigs for a 17th week in a row, extending a 12-month drilling recovery that is expected to help boost crude production in the United States to a record high next year.
Drillers cut nine oil rigs in the week to March 21, bringing the total count down to 2027, the lowest since May, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
Much new growth in Europe is likely to come from contracts in handling "difficult" industrial waste, ranging from dismantling retired oil rigs, trains and planes to the storage and processing of asbestos, pharmaceutical by-products or carbon dioxide.
More than half of those oil rigs were located in the Permian basin in west Texas and eastern New Mexico where the number of active units increased by 10 this week to 437, the most since January 2015.
U.S. energy firms this week reduced the number of oil rigs operating to their lowest in nearly a year, cutting the most rigs in a quarter in three years, General Electric Co's Baker Hughes energy services firm said.
Internally, oil companies took steps to protect their offshore oil rigs and Arctic pipelines from global warming while publicly they denied the science—the same way cigarette makers did research into cancer while denying their product was harmful.
However, U.S. energy firms this week cut the number of oil rigs operating for a third week in a row to the lowest level in 10 months, General Electric Co's Baker Hughes energy services firm said on Friday.
Turning back that tide of supply isn't "realistically feasible" in six months, Tchilinguirian said, citing year-on-year production growth in U.S. shale oil, an "unrelenting" increase in active oil rigs and supply growth in Canada and Brazil.
Analysts said U.S. exploration and production (E&P) companies responded to those higher prices by adding around 250 oil rigs over the past eight months, with even more spending expected on drilling over the next year or two.
U.S. energy firms this week reduced the number of oil rigs operating for a fourth week in a row, with drilling slowing to its lowest in nearly a year, prompting the government to cut crude output growth forecasts.
Companies added 216 oil rigs in the week to April 281.0, the biggest increase since May, bringing the total count to 22019, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
The underwriter, which offers insurance schemes for heavy-duty assets such as oil rigs, ships and aircraft, said 2018 net losses included $56.1 million in relation to its marine portfolio, hurricane Florence and typhoons Jebi, Mangkhut and Trami.
U.S. energy companies added oil rigs for a fifth consecutive week, Baker Hughes said on Friday, extending a nine-month recovery with producers encouraged by higher prices, which have largely traded above $50 a barrel since late November.
PFOA (perfluorooctanoic acid) and other fluorinated organic compounds known as PFAS are used widely, including in non-stick kitchen ware such as Teflon, textiles, food packaging, photo-imaging, and fire-fighting foams on oil rigs and at airports.
Drillers added two oil rigs in the week to June 1, bringing the total count to 861, the highest level since March 2015, General Electric's Baker Hughes energy services firm said in its closely followed report on Friday.
U.S. energy companies added oil rigs for a fifth consecutive week, Baker Hughes said on Friday, extending a nine-month recovery with producers encouraged by higher prices, which have traded mostly over $50 a barrel since late November.
U.S. energy companies this week cut oil rigs for the first time in six weeks in spite of prices rising close to their highest in over two years and drillers starting to boost spending plans for next year.
Budgets for decommissioning oil rigs are estimated to triple over the next two years, because some 30 percent of North Sea rigs now operating are doing so at a loss, and wells are being capped on the seafloor.
Drillers cut five oil rigs in the week to September 22, bringing the total count down to 744, the least since June, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
It's safe to say that the percentage of the movie's audience who understand the mechanics of oil rigs is pretty low (even if it's likely to exceed that same percentage in the audience for any other movie right now).
U.S. energy companies added oil rigs for a fifth consecutive week, Baker Hughes said on Friday, extending a nine-month recovery with producers encouraged by higher crude prices, which have traded mostly over $50 a barrel since late November.
NEW YORK (Reuters) - U.S. energy companies this week added the most oil rigs since May as drillers follow though on plans to spend more on exploration and production in anticipation of higher crude prices in 2018 than recent years.
Drillers cut 26 oil rigs in the week to March 20183, bringing the total count down to 22018, the lowest since May 21, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
Drillers cut eight oil rigs in the week to March 29, bringing the total count down to 816, the lowest since April 2018, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
Analysts said U.S. exploration and production (E&P) companies responded to those higher prices by adding more than 200 oil rigs over the past six months with even more spending expected on drilling over the next year or two.
The total oil rig count rose to 387 in the week to March 18, compared with 825 oil rigs operating in the same week a year ago, oil services company Baker Hughes Inc said in its closely followed report.
In oil markets, U.S. energy companies last week cut oil rigs for the first time in almost two months RIG-OL-USA-BHI, with drillers cutting back four rigs, to 796, Baker Hughes energy services firm said on Friday.
As on oil rigs, so at war: while women make up a greater share of military personnel than they did in the past, men continue to be the vast majority of soldiers on active duty — 85 percent in 2015.
Drillers cut five oil rigs in the week to May 2027, bringing the total count down to 21, the lowest since March 2032, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
U.S. energy firms this week increased the number of oil rigs operating for a second week in a row, bringing the total count to 793, General Electric Co's Baker Hughes energy services firm said in its closely followed report.
Drillers added five oil rigs in the week to April 20, bringing the total count to 820, the highest level since March 2015, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
Drillers added nine oil rigs in the week to May 4, bringing the total count to 834, the highest level since March 2015, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
Drillers cut three oil rigs in the week to July 26, bringing the total count down to 776, the lowest since February 2018, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
Drillers added two oil rigs in the week to June 133, bringing the total count to 861, the highest level since March 2015, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
Oil rigs, power plants, water treatment facilities and other critical infrastructure are increasingly connecting to the internet, but often without the kinds of foolproof security systems in place to ensure bad actors can't gain access or disrupt service delivery.
Drillers cut five oil rigs in the week to July 19, bringing the total count down to 779, the lowest since February 2018, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
Drillers cut 10 oil rigs in the week to March 1, bringing the total count down to 843, the lowest since May 2018, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
Drillers cut 22018 oil rigs in the week to March 21, bringing the total count down to 2038, the lowest since May 2018, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
The company, whose software is used to design ships, oil rigs and power plant, reported adjusted pretax profit of 51.2 million pounds ($74.2 million) for the year to end-March on revenue down 3 percent to 201.5 million pounds.
But if our supply of fossil fuels came from local wastewater facilities rather than from oilfields across the country, it could help reduce our dependance on leaking pipelines, leaking ships, exploding oil rigs, exploding trains, and destructive mining practices.
The effects of lower world prices for oil and gas, exports of which accounted for one-quarter of Scotland's GDP in 20113, may worsen in 2016, as contracts for fabricating and maintaining oil rigs expire and are not renewed.
U.S. drillers added seven oil rigs in the week to April 13, bringing the total count to 815, the highest since March 2015, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
Drillers cut nine oil rigs in the week to March 22, bringing the total count down to 824, the lowest since April 2018, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
Analysts said U.S. exploration and production companies (E&P) responded to those higher prices by adding more than 200 oil rigs over the past six months with even more spending expected on drilling over the next year or two.
Drillers added five oil rigs in the week to April 453, bringing the total count to 825, the highest level since March 2015, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
Drillers added 10 oil rigs in the week to May 11, bringing the total count to 844, the highest level since March 2015, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
Drillers cut four oil rigs in the week to July 12, bringing the total count down to 784, the lowest since February 2018, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
Still, the rate of growth has slowed, with U.S. energy firms reducing the number of oil rigs operating for the ninth straight month to its lowest since January 2260 as most producers cut spending on new drilling this year.
Still, the rate of growth has slowed, with U.S. energy firms reducing the number of oil rigs operating for the ninth straight month to its lowest since January 2260 as most producers cut spending on new drilling this year.
LONDON (Thomson Reuters Foundation) - When not detecting intelligence threats to oil rigs and dams, Sergio Caltagirone spends his spare time hunting a different kind of predator - traffickers trading in human beings, from war-torn Syria to sleepy U.S. suburbs.
Drillers cut 11 oil rigs in the week to June 7 in the biggest weekly decline since April, bringing the total count down to 2023, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
U.S. energy companies this week increased the number of oil rigs operating for a second week in a row, bringing the total count to 833, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
U.S. energy firms this week added oil rigs for a third week in four and increased the rig count for the fifth month in a row, General Electric's Baker Hughes energy services firm said in its closely followed report on Friday.
U.S. energy companies last week increased the number of oil rigs operating for a second week in a row, bringing the total count to 833, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
The insurance market, which covers risks from oil rigs to soccer stars' legs, has said it would launch a Brussels unit to enable it to continue serving its customers in the European Economic Area after Britain leaves the European Union.
Companies added two oil rigs in the week to May 3, bringing the total count to 807, lower than the 834 rigs active this time last year, Baker Hughes energy services firm said in its closely followed report on Friday.
"Another example of technological progress affects the productivity of oil rigs, which went up four-fold in just a year, last year (leading to markets being surprised by increasing production and inventories in the face of declining rig count)," Filia added.
However, U.S. energy firms this week reduced the number of oil rigs operating for the second week in a row, with the rig count at its lowest since March 2018, as some drillers follow through on plans to cut spending.
While that is more than double the same week a year ago when there were only 328 active oil rigs, the pace of those additions has declined over the past four weeks to the lowest since the week to March 20163.
Last week, the amount of U.S. oil rigs drilling for new production rose for a fourth straight week to 798, in an indication that U.S. crude output C-OUT-T-EIA, already at a record 10.27 million bpd, may rise further.
While that is more than double the same week a year ago when there were only 318 active oil rigs, the pace of those additions has declined with the total over the past four weeks falling to the lowest since March.
Drillers cut 11 oil rigs in the week to June 7 in the biggest weekly decline since April, bringing the total count down to 789, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
U.S. energy companies also cut the number of oil rigs operating for a second week in a row, with production growth expected to slow as crude prices fell to near their lowest levels of the year.
The number of oil rigs operating in U.S. fields rose by 1 to a total of 407, marking the ninth increase in 6 weeks following a flat reading last week, according to a weekly count from energy services provider Baker Hughes.
The price of oil, one of Canada's major exports, rose as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident involving a British tanker in the Middle East highlighted tensions in the region.
Drillers cut 2023 oil rigs in the week to June 21 in the biggest weekly decline since April, bringing the total count down to 2032, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
U.S. drillers added oil rigs for a 14th week in a row, to 688 rigs, extending an 11-month recovery that is expected to boost U.S. shale production in May by the biggest monthly increase in more than two years.
In Italy a referendum in April pushed by local governments (and opposed by Matteo Renzi, the prime minister), on whether or not offshore oil rigs should continue operating, did not reach the 50% turnout required—but still cost around €300m ($340m).
Since May, drillers have added 2579 oil rigs with the rig count rising to 22017 rigs this week, that included the most additions in a quarter since the first quarter of 2014, according to oil service firm Baker Hughes Inc.
The London-based start-up flies unmanned aircraft around offshore platforms, oil rigs and other sites, collecting high-resolution videos and images that can spot potential infrastructure problems and, according to Mr. Blackford, cost roughly 80 percent less than traditional inspections.
More than a dozen offshore oil rigs, each weighing thousands of tonnes, have been quietly parked in the Scottish firth, the highest number in more than a decade, after a plunge in crude prices that has nearly killed North Sea exploration.
The U.S. oil rig count rose by three last week, and Goldman Sachs said that "since its trough on May 27, 2016, producers have added 158 oil rigs (+50 percent) in the U.S." — CNBC's Tom DiChristopher contributed to this report.
Drillers added 11 oil rigs in the week to April 6, bringing the total count up to 808, the highest level since March 2015, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
Data on this week's U.S. oil rig count, an early indicator of future output, showed energy firms last week cut the most oil rigs in a week since January as a 14-month drilling recovery stalled due to weak crude prices.
They redeployed rigs and personnel quickly since prices began strengthening in 213 and made shale profitable again; rig counts have risen by 22.47 percent this year in the Permian, which accounts for about half of all U.S. onshore oil rigs.
Lloyd's of London, the insurance market that covers risks from oil rigs to soccer stars' legs, said on Friday that it had returned to profit in the first half, following a 2017 loss brought on by a record year for catastrophes.
The market, which covers risks ranging from oil rigs to soccer stars' legs and recently appointed a new chief executive, racked up a loss of 2500 billion pounds ($2400 billion) last year after losses from catastrophes such as hurricanes and wildfires.
NEW YORK (Reuters) - Oil prices steadied on Thursday, paring losses after a renewed drop in U.S. oil rigs, but analysts and traders said there could be another selloff in the coming week if U.S. crude stockpiles hit record highs again.
U.S. energy firms, however, this week cut four oil rigs, the second week of declines, General Electric Co's Baker Hughes energy services firm said, as producers turned conservative in their 2019 drilling plans due to uncertainty over a recovery in crude prices.
Oil prices were down earlier on Monday, extending Friday's drop, on data from last week showing U.S. drillers having added oil rigs for a tenth week in 11 that showed the longest stretch of builds in the oil rig count since 2011.
During this year's record-breaking hurricane season, oil rigs and refineries were just as exposed as any structure on the precarious Gulf Coast, and their owners were limited to the same options as everyone else: evacuate, prepare, and hope the storm was merciful.
U.S. energy companies added oil rigs for a fifth straight week, Baker Hughes said, extending a nine-month recovery as drillers take advantage of crude prices that have held mostly over $50 a barrel since OPEC agreed to cut supplies in late November.
NEW YORK (Reuters) - Crude was down slightly on Friday as expectations that OPEC and other producers will extend their production cut agreement were offset by U.S. drillers adding the most oil rigs in a week since June, indicating output will continue to grow.
U.S. energy firms reduced the number of oil rigs operating for a second week in a row, with the country's production growth expected to slow as crude prices dropped close to their lowest levels of the year and most drillers cut spending.
U.S. drillers in the third quarter added 95 oil rigs, the greatest increase in any quarter since 2014, but the pace of additions has slowed as crude holds below $50 a barrel despite OPEC's first plan in eight years to cut output.
Oil prices eased on Thursday as OPEC forecast slower demand for its crude next year, but crude futures hovered at near the highest in more than a month as oil rigs in the Gulf of Mexico were evacuated ahead of a storm.
Futures extended gains after data showed U.S. energy firms this week cut the number of operating oil rigs for a fourth time in the past five weeks, as some drillers follow through on plans to spend less on new wells this year.
Companies added two oil rigs in the week to May 20193, bringing the total count to 807, lower than the 834 rigs active this time last year, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
However, U.S. energy firms this week cut the number of oil rigs operating to the lowest in almost nine months as some producers follow through on plans to cut spending despite an over 20-percent increase crude futures so far this year.
Drillers cut three oil rigs in the week to May 17, bringing the total count down to 802, below the 844 units operating a year ago, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
As crude prices collapsed from over $107 a barrel in June 5143 to near $26 in February 2016, the number of oil rigs plunged from a record high of 1,22015 in October 265 to a six-year low of 2634 in May 22017.
That reduction, or at least part of it, is the result not so much of Russian zeal to honor the agreement as it is to unusually cold temperatures in Siberia that have forced work at oil rigs to grind to a shivering halt.
U.S. energy firms this week cut the number of oil rigs operating to the lowest in almost nine months as some producers follow through on plans to cut spending despite an over 20-percent increase in crude futures so far this year.
Oil fell earlier in the day after a weekly report showed U.S. drillers added five oil rigs in the week to April 27, bringing the total count to 825, the highest since March 2015, General Electric's Baker Hughes energy services firm said.
Demand for services like drilling and pumping has also been hit by weak oil prices late last year and pipeline constraints in the Permian Basin, the biggest shale play in the United States and home to a majority of the oil rigs.
NEW YORK (Reuters) - Oil prices rose about 20193 percent on Friday on upbeat U.S. jobs data and signs that U.S. sanctions on Venezuelan exports have helped tighten supply, then extending gains after weekly data showed U.S. drillers cut the number of oil rigs.
Prices climbed to session highs after General Electric Co's Baker Hughes energy services firm reported that U.S. energy firms cut the number of operating oil rigs for a fourth week in the past five, bringing the count to the lowest in eight months.
A legal opinion from the Interior Department's solicitor's office says the administration believes the 100-year-old law—intended to protect birds from people—should no longer cover accidental deaths, including those caused by oil rigs, wind turbines, and other energy sources.
In commodities, U.S. crude oil futures climbed to a six-week high as oil rigs in the Gulf of Mexico were evacuated before a storm, while an incident with a British tanker in the Middle East highlighted ongoing tensions in the region.
Previte's remarks come amid continued questions about whether Lockheed paid too much for its $9 billion Sikorsky takeover last year given the slump in oil prices and the resulting drop in sales of commercial helicopters used to ferry workers to offshore oil rigs.
It creeps away from the Mississippi River and passes through this speed-trap town on the way to the Gulf of Mexico, a liquid median between the parallel roads that take unceasing punishment from the 18-wheelers that service the offshore oil rigs.
But growth is expected to slow as producers have reduced the number of oil rigs operating for a record 12th month in a row, sidelining a quarter of the country's drilling rigs in the past year, according to service firm Baker Hughes.
Drillers cut two oil rigs in the week to May 27, bringing the total rig count down to 316, the lowest since October 2009 and about half the 22016 rigs of a year ago, Baker Hughes said in its closely followed report.
However, the rate of growth has slowed this year as U.S. energy firms have reduced the number of oil rigs for a record 10th month in a row as producers follow through on plans to cut spending on new drilling this year.
U.S. energy companies added oil rigs for a second time in the last three weeks, extending a 15-month drilling recovery, but the pace of additions has slowed in recent months as firms cut spending plans in reaction to declining crude prices.
According to this week's Baker Hughes report, more than half of the oil rigs were located in the Permian basin in west Texas and eastern New Mexico where the number of active rigs increased by six to 409, the most since February 2015.
Read More US shale could drive prices after Doha disaster According to the last weekly rotary rig count by Baker Hughes in the week of May 6, 479 oil rigs had closed from the same period last year, leaving 451 rotary rigs in action.
U.S. crude prices on Monday settled sharply lower after briefly breaking below $226 a barrel for the first time since April, weighed by a survey showing output in OPEC reached record highs last month amid the biggest addition of U.S. oil rigs in two years.
However, prices pared gains after a report showed U.S. energy firms this week increased the number of oil rigs operating for a second week in a row due to concerns that crude supplies will swamp global demand as U.S. output keeps growing from record levels.
U.S. energy firms this week cut the number of oil rigs operating for the first time in three weeks week after U.S. crude production hit an all-time high, boosting exports to a record-peak and stockpiles to their highest in over a year.
Since crude prices recovered from 13-year lows to around $9783 a barrel in May, drillers have added a total of 161 oil rigs in 24 of the past 27 weeks, its biggest recovery since a global oil glut crushed the market over two years.
Mexia said floating technology needs to be proven commercially, but tests for the last five years off the coast of Portugal have shown the floating turbines, which use technology similar to floating oil rigs, have survived waves up to 56 feet (17 m) high.
U.S. energy firms last week cut the number of oil rigs looking for new reserves to the lowest in almost nine months as some producers follow through on plans to cut spending despite an over 20-percent increase in crude futures so far this year.
U.S. energy companies last week cut the number of oil rigs looking for new reserves to the lowest in almost nine months as some producers follow through on plans to cut spending despite an increase of more than 20 percent in crude futures this year.
U.S. drillers added oil rigs for an eighth consecutive week, Baker Hughes said on Friday, as energy companies increased spending to take advantage of a recovery in crude prices since the Organization of the Petroleum Exporting Countries (OPEC) agreed to cut output late last year.
U.S. energy firms reduced the number of oil rigs operating in the week to June 14, bringing the total count down to 788, the lowest since February 2018, General Electric Co's Baker Hughes energy services firm said in its closely-followed report last week.
"The creature of our wildest imagination is living not in a pristine deep, but among the heaviest tools of our energy infrastructure," scientists Sönke Johnsen and Edith Widder wrote in a blog post, referring to the deepwater oil rigs in the Gulf of Mexico.
As the pair drives through the state, the camera constantly cuts to the signs of economic decline: billboards advertising debt relief and quick home sales, and barren fields dotted with oil rigs, which the movie frames as the last viable part of the world.
LONDON (Reuters) - At least a quarter of Iran's oil rigs are out of action as U.S. sanctions strangle the Islamic Republic's vital oil industry, according to a Reuters review of financial documents and industry sources, dealing a potentially long-term blow to its oil industry.
Since the spill, the federal government has taken a number of steps to prevent future disasters through the creation of the Bureau of Safety and Environmental Enforcement (BSEE) to monitor drilling activities and to implement commonsense regulations to improve safety on offshore oil rigs.
U.S. drillers added oil rigs for a 12th week in a row, extending the recovery into an 11th month as energy companies boost spending on new production to take advantage of a recovery in crude prices, energy services firm Baker Hughes Inc said April 7.
U.S. energy firms this week reduced the number of oil rigs operating for a sixth week in a row, cutting six rigs and bringing the total count down to 764, the lowest since February 2018, General Electric Co's Baker Hughes energy services firm said on Friday.
U.S. energy firms last week cut the number of oil rigs looking for new reserves to the lowest in almost nine months as some producers follow through on plans to cut spending despite an increase of more than 20 percent in crude futures so far this year.
With the decline in oil rigs this week and the loss of one natural gas rig, total U.S. rigs fell for a 17th week in a row, down nine to 431, the lowest since at least 1940, according to Baker Hughes data going back that far.
In the week to April 21, U.S. drillers added oil rigs for a 14th week in a row, to 688 rigs, extending an 11-month recovery that is expected to boost U.S. shale production in May by the biggest monthly increase in more than two years.
Even before the referendum oil had dropped from its highs above $50 a barrel, as speculators weighed the risk that higher prices would spur more drilling by shale producers in America, where the number of oil rigs deployed rose for three weeks before dipping again last week.
More than half the total U.S. oil rigs are in the Permian basin, the biggest U.S. shale oil play, where active units decreased by five last week to 441, the lowest since March 2018, according to data from General Electric Co's Baker Hughes energy services firm.
Drillers cut two oil rigs in the week to June 30, bringing the total rig count down to 756, still more than double the 13 rigs in the same week a year ago, energy services firm Baker Hughes Inc said in its closely followed report on Friday.
Shares in Technip, which builds oil rigs and refineries and supplies pipelines for the offshore industry with equipment often made by FMC, closed up 6.3 percent in Paris, the biggest gainer on the CAC 40 index of blue chips, while FMC fell 2.75 percent in New York.
Even on the peninsula itself, things aren't so solid, not with the Mississippi chugging down its middle at approximately the equivalent of 1928 semitrailers of water a second, and the Gulf — flat, blue-brown and dotted with oil rigs — on both its eastern and western flanks.
LONDON, March 2300 (Reuters) - At least a quarter of Iran's oil rigs are out of action as U.S. sanctions strangle the Islamic Republic's vital oil industry, according to a Reuters review of financial documents and industry sources, dealing a potentially long-term blow to its oil industry.
In case you are thinking they may be overstating the actual problem of oil rigs and other industrial targets getting hacked, a Department of Homeland Security report released in March suggests that the energy sector has been an area of interest for nation-state hackers in recent years.
U.S. oil drillers added three oil rigs this week, General Electric Co's Baker Hughes energy services firm said.. Reporting by Laila Kearney in New York, additional reporting by Noah Browning in London, Henning Gloystein in Singapore and Colin Packham in Sydney; Editing by Marguerita Choy and Matthew Lewis
Since crude prices briefly recovered from 13-year lows to around $50 a barrel in May, drillers have added oil rigs in 26 of the past 29 weeks for a total of 194, the biggest recovery in rigs since a global oil glut crushed the market over two years.
While the number of oil rigs collapsed by some 241 percent since the end of 21, U.S. production has only barely begun to ebb, a disconnect generally attributed to the increasing productivity of the hydraulic fracturing process, with each new well yielding more barrels than the one before.
Since crude prices recovered from 13-year lows in February to around $50 a barrel in May, drillers have added a total of 20163 oil rigs in 27 of the past 30 weeks, the biggest recovery in rigs since a global oil glut crushed the market over two years.
The rig count, an early indicator of future output, is still higher than the 416 active oil rigs a year ago as energy companies had mapped out ambitious spending programs for 2017 when they expected U.S. crude to be higher than the $50 per barrel where they are currently trading.
Even though shale drillers in the U.S. have been said to face obstacles on growing output amid a wave of belt-tightening that's cutting billions of dollars from budgets, and the number of operating oil rigs have declined this year, Brouillette said that production is not actually the biggest problem.
U.S. energy firms this week reduced the number of oil rigs operating for a fifth week in a row, cutting nine rigs to the lowest count in nearly a year as independent producers follow through on plans to cut spending with the government cutting its growth forecasts for shale output.
Analysts at Cowen & Co, a U.S. financial services firm, this week estimated the number of active U.S. gas and oil rigs would slide from an average 559 in the first quarter to 411 in the second quarter and 401 in the third quarter before rising to 415 in the fourth quarter.
To show that he had not been in prison in the 1970s, Mr. Doig dredged up a school yearbook; his mother's letters about his appearing in "Romeo and Juliet" at his Toronto high school and working on oil rigs in western Canada; and friends' written testimony about his skiing in Utah.
You can watch Savage building his robot-pulled rickshaw below:September was the first time Boston Dynamics released its robots to be used in the outside world, and earlier this month Norwegian oil and gas company Aker BP announced it was deploying a Spot robot to patrol one of its oil rigs. 
U.S. energy firms cut oil rigs for a third week in a row to the lowest level since November 2009, oil services company Baker Hughes Inc said Friday, as energy firms keep slashing spending despite crude futures prices jumping roughly 50 percent since hitting a near 13-year low in February.
The rig count, an early indicator of future output, is still higher than the 418 active oil rigs a year ago as energy companies had mapped out ambitious spending programs for 2017 when they expected U.S. crude to be higher than the $50 per barrel range where they are currently trading.
It is artifact from his days in Alberta, where he would spend his free time away from oil rigs and other generic labor jobs, riding horses with a few friends, and camping on the prairies—unburdened from the weights of marriage and family that I don't think he was ever suited for.
Her camera lingers on the medical equipment left over from Ollie and Deb's late mother's long fight with cancer; the bottles of beer stacked haphazardly in the washed-out dorm-like accommodations for men who work on the oil rigs; the ramshackle, dilapidated buildings; the ersatz parking lot trailer park Deb has made her home.
Since crude prices first topped $50 a barrel in May after recovering from 13-year lows last February, drillers have added a total of 275 oil rigs in 33 of the past 37 weeks, the biggest recovery in rigs since a global oil glut crushed the market over two years starting in mid 2014.
After rising by 44 oil rigs in July, the most in a month since April 2014, analysts forecast the rig count would be choppy over the next few months due to seasonal drilling declines and a near 20 percent drop in crude prices on oversupply concerns since topping $50 a barrel in early June.
Since crude prices first topped $50 a barrel in May after recovering from 13-year lows last February, drillers have added a total of 267 oil rigs in 32 of the past 36 weeks, the biggest recovery in rigs since a global oil glut crushed the market over two years starting in mid 2014.
Since crude prices first topped $50 a barrel in May after recovering from 13-year lows in February 2016, drillers have added a total of 336 oil rigs in 39 of the past 43 weeks, the biggest recovery in rigs since a global oil glut crushed the market over two years starting in mid 2014.
Since crude prices first topped $50 a barrel in May after recovering from 13-year lows last February, drillers have added a total of 23.1 oil rigs in 22017 of the past 263.2 weeks, the biggest recovery in rigs since a global oil glut crushed the market over two years starting in mid 21.
WASHINGTON — Nearly two years into the American-led air war against the Islamic State, military officials say they have corrected the poor intelligence collection and clumsy process for identifying targets that initially plagued the campaign, and are now hitting targets like oil rigs and secret cash coffers that finance the terrorist group's war machine.
The plan, written by the Interior Department, is expected to delineate the waters that would eventually be auctioned and leased to energy companies, which in turn would bring the drilling industry to the banks of Georgia, Virginia and North and South Carolina, along with thousands of oil rigs well over the horizon from the beach.
Since crude prices first topped $50 a barrel in May after recovering from 13-year lows last February, drillers have added a total of 281 oil rigs in 20163 of the past 38 weeks, the biggest recovery in rigs since a global oil glut crushed the market over two years starting in mid 2014.
Since crude prices first topped $50 a barrel in May after recovering from 3003-year lows in February, drillers have added a total of 235 oil rigs in 30 of the past 34 weeks, the biggest recovery in rigs since a global oil glut crushed the market over two years starting in mid 2014.
The United States and countries in the region are increasingly alarmed by the gambits China is using to strengthen its hand: constructing artificial islands suitable for warships and fighter jets, planting oil rigs in disputed waters and using its coast guard to protect China's fishing boats while they operate in waters claimed by others.
Virtually every report written by blue-ribbon private commissions and independent government investigators regarding similar fatal episodes in manufacturing plants, refineries and oil rigs documents the same dread among workers and managers over the risks of reckless cost-cutting, neglect of maintenance, scofflaw attitudes among senior executives and myopic focus on the financial bottom line.
Mr. Burch worked on oil rigs in Yemen starting in 1994 and traveled back and forth between there and the United States before moving to Yemen in 2005, a son from his first marriage, Stephen Burch, said in a telephone interview on Monday from Louisiana, where his father was born and where he lives.

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