Drilling activity showed a marginal increase for the first time in three weeks. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count edged one rig higher to come in at 593 rigs, ...

Transocean Ltd.’s RIG semi-submersible drilling rig, Transocean Barents, is making its way to the Neptun Deep project for a 10-well drilling mission, marking a significant phase in Romania’s offshore ...

The rig is part of a $300 million contract covering deepwater exploration offshore Brazil, where it will operate in water ...

The total number of active drilling rigs in the US rose slightly this week, according to Baker Hughes, but remains lower than this time last year as the industry faces market uncertainties.

China National Offshore Oil Corporation operates an offshore drilling rig in an oil field in the Bohai Sea. CHINA DAILY In a ...

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Adnoc Drilling Company confirmed shareholders’ approval of all agenda items at its Annual General Meeting (AGM), including the distribution of its final ...

Looking ahead, the dividend is expected to increase to at least $867 million for 2025, reaching at least $1.15 billion by ...

Oilfield services firms such as ChampionX and Patterson-UTI are the backbone of the North American oil and gas industry, ...

ADNOC Drilling’s full-year revenue increased significantly to a record $4.034 billion, rising by 32% year-on-year and its ...