Offshore rig demand Increased utilization and higher day rates for semisubmersibles and other mobile drilling equipment has resulted from the pick up in offshore development. Mobile drilling ...

The total number of active drilling rigs for oil and gas in the United States saw no change again this week, according to new data that Baker Hughes published on Friday, after holding steady in the ...

US supermajor Chevron has awarded Shelf Drilling two-year contract extensions for its jack-up rigs Shelf Drilling Chaophraya ...

Vantage Drilling International Ltd. describes itself as an offshore drilling contractor, with a current owned fleet of two ultra-deepwater drillships and two premium jackup drilling rigs.

In recent years, Chinese-manufactured oil rigs have earned a strong reputation in global markets due to their advanced ...

Offshore drilling remains resilient this year with strong activity in Latin America, Southeast Asia and other hotspots, but the sector has less appetite for building new drilling rigs after ...

TotalEnergies resumed exploration drilling ... well offshore Namibia, said partner Westmount Energy Ltd. in a Nov. 4 release. The well is being drilled using the DeepSea Mira rig north of the ...

Two of the Swiss company’s rigs in the Gulf of Mexico have reached rates of well above $500,000 per day, previously ...

MONCTON, N.B. - Major Drilling Group International Inc. has signed a deal to buy South American specialty drilling contractor Explomin Perforaciones in a deal worth up to US$85 million. Under the ...

Canada’s largest oil-and-gas drilling rig company says the profit works out to $2.77 per share, compared to the $20 million profit, or $1.45 per share, it earned in the third quarter of 2023.

Q3 2024 Earnings Call Transcript October 25, 2024 Operator: Thank you for standing by. Welcome to NOV Inc’s Third Quarter ...