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

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 ...

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

The weekly rig count was steady for the US and its waters while Canada's count fell slightly, according to Baker Hughes data.

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.

In the late 1940s, oil workers landed on a tiny island and built a drilling rig and a small house for accommodation. The first exploratory well was drilled in 1949, sending up a fountain of ...

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 ...

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.

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 ...

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 ...