“Given the oversupply of rigs in today's market, we strongly believe that the rational course is to scrap stacked rigs or sell them into alternative use, rather than selling them as drilling ...

Vantage Drilling International Ltd. ("Vantage" or the "Company") today announced that it will host a conference call at 10:00 AM Eastern Time / 3:00 PM Oslo Time / 6:00 PM Dubai Time on March 20, 2025 ...

CNPC Offshore Engineering Co Ltd (CPOE) has made its first foray into Southeast Asia's offshore drilling services sector, ...

ADNOC Drilling Company, the drilling unit of Abu Dhabi’s national oil company, plans to borrow $1 billion from banks this year to refinance expiring debt, the company’s CFO Youssef Salem told ...

Further to its press releases dated January 29, 2025 and February 18, 2025, Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to announce it has ...

Adnoc’s global expansion through the creation of ventures will present opportunities for its subsidiary, Adnoc Drilling ... energy and chemicals investment unit, with an enterprise value ...

The US drilling rig count dropped 1 unit to reach 592 rigs working for the week, according to Baker Hughes data. The US drilling rig count dropped 1 unit to reach 592 rigs working for the week ...

The company, through its drilling unit, Sapura Drilling has secured contracts from companies including Thailand’s PTTEP Energy Development, Chevron’s Cabinda Gulf, ExxonMobil Exploration and ...

The added rigs are evenly split, one oil-targeted, and one gas-targeted, bringing the respective totals to 481 and 101 rigs working for the week. The US drilling rig count increased by 2 units to ...