CALGARY – Precision Drilling is trimming its planned 2025 capital spending due to market uncertainty and a possible dip in ...

U.S. drilling activity sees a slight uptick with two additional rigs, marking the first increase in four weeks.

Many oil company executives celebrated Donald Trump's return to the White House. But now expectations of higher profits are ...

Overall 44% of Hydraulic Drilling Rigs buyers enquire on only used listings, 52% on new and 10.69% on both new and used Hydraulic Drilling Rigs items. Buyers usually enquire on 1.99 different ...

TEHRAN - CEO of the National Iranian Drilling Company (NIDC) Mehran Mokvandi has said that the country plans to purchase 15 new oil drilling rigs in the calendar year that ends in March 2026 with an ...

Offshore drilling contractor Borr Drilling has secured new contract commitments for three of its premium jack-up rigs, with other rigs in its fleet also preparing for drilling jobs across the world.

Borr Drilling (NYSE:BORR) +9.3% pre-market Tuesday after announcing new contract commitments for three of its premium jack-up rigs, with other rigs in its fleet also preparing for drilling jobs.

At least 50 and up to 100 of the roughly 600 rigs drilling in the Lower 48 may be idled in response to the newly discounted $62/bbl WTI strip, according to a new J.P. Morgan Securities analysis. And ...

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

Britain approves new North Sea oil drilling but ignores ... the use of "blowout preventer" devices on offshore oil and gas drilling rigs. In referendum, Ecuador voters reject oil drilling project ...