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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 ...

VALARIS DPS-3 and VALARIS DPS-6 semi-submersible rigs. These rigs may be upcycled for alternative purposes or scrapped entirely.

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

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

UK supermajor BP is in the market for a jack-up drilling rig for its Tangguh UCC project in Indonesia, which is the next ...

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

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

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

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, ...

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