The premise of a jackup rig is that it is self-elevating; here, the legs are stationed on ocean floor and the drilling equipment is jacked up above the water's surface. Providing a very stable ...

resting on the ocean floor. But, as time progressed, naval architects realized that the rig would maintain its stabilization if the bottles were only partially submerged, but be able to drill in ...

In response, someone took exception to my claim by stating that he works in the industry, and drilling rigs are stacking up. It is correct that the rig count has fallen. According to data from ...

Transocean offers offshore drilling rigs, equipment, services and manpower ... which provides a great opportunity to get in on the ground floor.