Arabian Drilling said it expects to use Shelf Drilling’s international footprint to source new contracts for its offshore rigs. In return, Arabian Drilling will provide Shelf Drilling with ...

It is 70 years since Seatrium designed and built the world's first independent leg jack-up drilling rig, and it has designed ...

Egypt - Prime Minister Mostafa Madbouly visited the Zohr natural gas field, located north of Port Said, to inspect the Saipem 10000 drilling rig. Accompanied by Minister of Petroleum and Mineral ...

HOUSTON, Feb. 14 (Xinhua) -- The number of active drilling rigs in the United States stands at 588 this week, up by two from the previous week but down by 33 from a year ago, according to the ...

Resources announced that its 2024 drilling program was a “resounding success.” Drilling results supports the notion that ...

Petroleo Brasileiro SA has requested authorization from Brazil’s environment protection agency to prepare a drilling rig for work at a disputed offshore exploration project, a sign that the ...

At the end of Q4 2024, the fastest-growing drilling company globally integrated 23 new rigs into operations to reach 142 owned rigs. This includes two jack-up rigs set to join in the first half of ...

Offshore drilling is risky because oil that spills can travel far, contaminating marine life over wide areas. The 2010 explosion of the Deepwater Horizon rig in the Gulf of Mexico led to the worst ...

Offshore driller Constellation Oil Services Holding SA is planning to list shares in Oslo after reducing debt and increasing revenue from contracts with Brazilian oil explorer Petrobras.

Baker Hughes, which has issued rotary rig counts since 1944, describes the figures as an important business barometer for the drilling industry and its suppliers. The company notes that working ...

The active rig count in the US was up by 4 units for the week ended Feb. 7 with 586 rigs running, according to Baker Hughes data. CNOOC started production at the Bozhong 26-6 Oilfield Development ...