Valaris Limited VAL, an offshore drilling services provider, has announced that it will permanently retire three semi-submersible rigs as part of its efforts to streamline its drilling fleet.

The suit, filed in Alaska, is likely to be the first of many challenging the administration’s goal of expanding fossil fuel ...

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China National Petroleum Corp announced on Thursday that it has completed the drilling of the deepest vertical well in Asia, ...

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

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. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, ...

SFL Corporation Ltd. reports 2024 results with steady dividends but faces challenges as key asset Hercules may remain idle.

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

Under the alliance, the Saudi-based Arabian Drilling will gain access to Shelf Drilling’s extensive international operating ...

China National Petroleum Corporation (CNPC) announced Thursday that it has completed the drilling of the deepest vertical ...