Any offshore oil rig that extends past 1500 meters is considered to be an ultra-deepwater production facility. However, that's still nowhere close to the deepest man has explored in the ocean.

Lebanese Cabinet ministers say an offshore drilling rig has arrived at its destination in the Mediterranean Sea off Lebanon’s coast and will start its search for gas in the coming weeks.

BEIRUT — An offshore drilling rig arrived at its destination in the Mediterranean Sea off Lebanon’s coast and will start operations in the coming weeks to search for gas, cabinet ministers ...

Designed for specific water depths and conditions, deepwater and ultra-deepwater drilling platforms fall into three categories: jack-up rigs, semi-submersibles, and drill ships. Every design has ...

Transocean Ltd. (NYSE:RIG) is a leading provider of offshore contract drilling services, specializing in ultra-deepwater and harsh environment floaters.

BEIRUT, Aug 16 (Reuters) - A drilling rig arrived in Lebanon on Wednesday to begin offshore oil and gas exploration later this month, French energy group TotalEnergies (TTEF.PA) said.

Valaris Limited VAL and Jadestone Energy are developing the Montara field offshore Australia, for which the Valaris 247 jack-up rig has arrived at the location. The jack-up rig is scheduled to ...

In November 2022, ADNOC Drilling revealed that it had signed an agreement to acquire three “brand new high-specification” offshore jack-up drilling units. The rigs had a combined cost of $320 ...