This week's offshore rig review looks at the trends and changes in the number of rigs that are cold stacked around the world. This week, worldwide offshore rig utilization held steady at 83%, as 543 ...

The semi-submersible drilling rig Pantanal, owned by Chinese financial institute ICBC Leasing, has arrived offshore Indonesia and is being mothballed for cold stacking at the port of Karimun. The rig ...

SINGAPORE (Reuters) - Offshore drillers globally are increasingly considering "warm stacking" their rigs to take them temporarily off the market, as they gear up for a slowdown in the hunt for oil ...

The big three global offshore drillers are feeling increasingly confident about bringing their hibernating or “stacked” ultra-deepwater drillships back to life due to strong and increasing oil and gas ...