Borr Drilling Ltd has announced new contract commitments for three of its premium jack-up rigs and additional fleet updates.

The Thor rig received a binding letter of award from Vietsovpetro in Vietnam for a three-well programme, expected to commence ...

The seventh-generation drillship Tidal Action (formerly known as West Libra) has been completed by its owner Hanwha Ocean ...

A Houston-based oil company has rebuffed the authority of the California Coastal Commission in a bid to revive drilling off ...

U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that ...

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Oil prices fall to their lowest level since April 2021 and OPEC announces it will increase production. Lowering energy costs ...

Saudi-listed Arabian Drilling has acquired a new self-elevating offshore service platform for SAR 260 million ($69.3 million) ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that ...

U.S. January oil production decreased by 305 kb/d to 13,146 kb/d, 158 kb/d lower than December 2023. Click to read.

U.S. rig count drops, with Permian Basin drilling at its lowest since February 2022, according to Baker Hughes.