Drilling activity continued its upward climb, posting a fourth consecutive increase and hitting the highest level since June. Oilfield services firm Baker Hughes said Friday its U.S. rig count added ...

The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 592 for a fourth consecutive weekly gain, Baker Hughes said Friday in its latest report. Despite the increase to the most ...

A Norwegian drilling rig company has won a US$105 million award against a Nigerian oil and gas group over alleged non-payment ...

Transocean's high-spec fleet and long-term contracts position it to outperform peers despite cyclical downturn in offshore ...

Ghassan Mirdad, CEO of Arabian Drilling Co. ( ADC ), said that the company’s strategic alliance with Shelf Drilling Co. will help expand into new offshore drilling markets in Africa and Asia. Speaking ...

An estimated 12 jack-up drilling rigs are subject to contract suspensions by the Mexican national oil company Pemex, but there are indications the rigs will start being brought back into service from ...

As we reflect on the key takeaways from the Mining Indaba which recently took place in Cape Town, the question on every leader’s mind should not just be about survival but about thriving in the face ...

Highlights Completed 17 drill holes out of a planned 37 holes in Phase 2 for 4,759m of diamond drilling. Assay results ...

Vontobel Holding Ltd. increased its holdings in shares of Transocean Ltd. (NYSE:RIG – Free Report) by 22.2% in the fourth quarter, according to the company in its most recent filing with the ...

“Offshore drilling is a dirty and damaging practice that is a direct threat to our thriving ocean recreation economy,” Chad ...

China National Petroleum Corporation (CNPC) announced Thursday that it has completed the drilling of the deepest vertical well in Asia, as a borehole reached a depth of 10,910 meters in China's ...

Deepwater and shallow-water drillers are eyeing up new opportunities to meet demand in Norway, where oil and gas operators ...