News

North Dakota oil producers plan to drop rigs due to weaker prices, state regulator says
Oil and gas operators in North Dakota have indicated they plan to drop rigs and frac crews due to weaker oil prices, a move ...
U.S. rig count continues to edge lower in Baker Hughes survey
The number of total drilling rigs in the U.S. fell for the third straight week, down by 2 to 576, Baker Hughes reported in its latest weekly survey.
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Anatomy of the Berkut Offshore Oil Platform: Engineering the World’s Largest Oil Drilling Structure
Standing as one of the largest offshore oil drilling platforms globally, the Berkut platform is a remarkable feat of ...
Global oil supply to rise faster than expected after OPEC+ hike, IEA says
The International Energy Agency (IEA) said on Thursday that economic headwinds combined with record sales of electric ...
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Life Inside Gigantic Billion $ Oil Rigs Operating 24/7 at Sea
Welcome back to the Fluctus Channel for a special episode on life onboard offshore oil production platforms. In this episode, we will feature how oil rig workers spend their time offshore in one of ...