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 ...

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

Anticipated Growth in the rig and oilfield mats market projected to reach a market value of USD 1.79 billion by 2024.

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

Neft Daşları, meaning “Oil Rocks,” was the world’s first oil-drilling platform. In recent decades, its population has dwindled, while sections have fallen into disrepair and been claimed by the sea.

Oil: Saudis Are Cutting? Well, U.S. Is Producing More and More By Barani Krishnan - Aug 19, 2023 93 U.S. crude production hits three-year highs for two weeks despite a 15% drop in drilling rigs.

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averaging 72 active drilling rigs. Neveu said the uptick in demand is coming both from customers drilling heavy oil, as well as those drilling natural gas condensate, which is added by producers to ...

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.

Operator instructions] Please be advised that today's conference is being recorded. I will pass the call over to the senior ...

A controversial oil drilling site in Surrey has suspended production months after its planning permission was quashed in a landmark legal case. In June Supreme Court judges ruled that the full ...