An investigation has been launched after the death of a worker on an offshore installation in the North Sea. The 32-year-old ...

The 32-year-old tragically died while working on the jackup rig on Friday, November 14, with both Police Scotland and the Health and Safety Executive investigating the incident.

An offshore oil rig worker has quit his job after becoming an overnight millionaire. Christian Jones and his wife Lesley, who live on Teesside, were cooking up a homemade Thai curry with friends when ...

An investigation has been launched into the death of an offshore worker on a drilling rig in the North Sea. Lee Hulse, 32, died while working on the Valaris 121 oil platform off the coast of Aberdeen.

Offshore Rigger pay typically centers around a mid-career median of about $380/day (˜ $32.50/hour; ˜ $70,000 annualized on a 14/14 or 28/28 rotation). Typical day-rate span by experience runs ...

I.1 Annualization uses a 1:1 rotation (e.g., 28/28), approximating 182 paid offshore days per year: \( \text{Annualized} \approx \text{Day Rate} \times 182 \). I.2 Hourly equivalents assume 12-hour ...

This article is part of our Rising Star Portfolios series. Follow all of Alex's trades and thoughts on Twitter. Shares of oil riggers -- the companies that actually do the offshore oil drilling for ...