Offshore drilling firm Shelf Drilling has received a notice of contract termination from TotalEnergies EP Denmark for its Shelf Drilling Winner jack-up ...

Offshore rig market faces a challenging year ahead, with falling dayrates and weak demand amid contract suspensions and ...

Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") announced today that it has been awarded a two-year contract ...

Jackup Rigs Market Jackup Rigs Market Increasing offshore drilling activities & demand for shallow-water exploration drive market growth.</ ...

India's ONGC operates fleet of more than 30 offshore drilling units and is largest operator of jack-up rigs in South Asia ...

The average annual number of offshore drilling rigs increased by 60 percent during the 14th Five-Year Plan (2021-2025) compared to the period from 2016 to 2020. Li left the subsidiary in Guangdong ...

Noble Corp's Gen-7 drill ships drive high rental rates & stock optimism; strategic moves like a merger & buybacks position it ...

RIG holds a strong position in offshore drilling with high demand and innovative technology, but its high debt and financial losses could affect growth prospects.

The rigs included 575 land drilling rigs, three inland water drilling rigs, and 14 offshore drilling rigs. Of them, 50 were directional drilling rigs, 529 were horizontal drilling rigs and 13 were ...

These operators offer drilling rigs (both land-based/onshore and offshore), equipment, services and manpower to exploration and production companies worldwide. Drilling for hydrocarbons is costly ...