Floating rigs are specialized structures used in offshore drilling to extract oil and gas from beneath the ocean floor. These rigs are designed to float on the water's surface and can operate in deep waters, where traditional fixed platforms are not feasible. They are anchored to the seabed or use dynamic positioning systems to maintain their location while drilling. There are several types of floating rigs, including semi-submersibles, drillships, and tender-assisted rigs. Each type has unique features that make it suitable for different water depths and environmental conditions. Floating rigs play a crucial role in the global energy industry by enabling access to underwater resources.