As it stands, roughly 12,000 offshore oil and gas rigs pepper the world's coastlines. What happens when they reach the end of their lifespan?

U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy ...

Miscellaneous rigs lost a rig and now stands at 5. The latest EIA data showed that weekly U.S. crude oil production dipped slightly, from 13.462 million bpd to 13.460 million bpd.