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

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 ...

Sandvik Mining and Rock Solutions has launched the fourth drill rig under its x-series rotary blasthole line, designed to ...

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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 ...

Federal and state grants will aid further development and prototyping of a new coiled tubing geothermal drilling rig design ...

Q4 2024 Management View CEO Patrick Schorn highlighted a $21.5 million increase in operating revenue over Q3, attributed to higher day rates for the Natt and Prospector 1 and a $5 million net positive ...

U.S. drilling activity increased for the third consecutive week, with Texas adding the most rigs, according to Baker Hughes.

RIG designer Seatrium Offshore Technology, a wholly owned subsidiary of Seatrium, has secured a contract from shipyard ...