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

Borr Drilling announced new contract commitments for three of its premium jack-up rigs, with other rigs in its fleet also ...

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

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

Saudi operator has renewed the deal for one of the jack-ups owned by ADES, offering a contract renewal for the jack-up rig ...

As WTI hovers near $60/bbl, U.S. E&Ps could be pushed to drop rigs and cut drilling in exploratory resource plays, analysts ...

The total U.S. rig count decreased by two week on week and the total Canada rig count dropped by 10 during the same period, ...

President Donald Trump has often made clear his goal of cutting prices for energy as part of his overall agenda ...

The head of Canada’s biggest oil and gas advocacy group says companies are looking through the recent market upheaval and ...

Canada's oilpatch should be better able to weather the current slump in crude prices than it was during past downturns, ...

Advances in drilling technologies are opening up new opportunities for geothermal energy. Andrew Wade reports.

Average production volumes increased to 4,570 boe/d (97% crude oil) in Q4 2024 compared to 4,121 boe/d (99% crude oil) in Q4 2023, representing an 11% increase. Q4 2024 production was negatively ...