Brazilian state-controlled oil company Petrobras has launched an international tender to charter another jack-up drilling rig ...

Offshore drilling contractors are expecting India’s Oil & Natural Gas Corporation (ONGC) to soon resume its efforts to hire more shallow-water rigs following unsuccessful efforts earlier this year.

It’s a mid-September afternoon in Loving, a village of 1,400 in far southeastern New Mexico. The firm wind blowing out of ...

Discover the top 7 undervalued Energy Equipment & Services stocks for Friday, November 15 based on AAII’s Stock Grades.

Springfield E&P contracted the Deepsea Bollsta rig, a semi-submersible being managed by Odfjell Drilling Limited ... being the first independent African producer in deep water as well. “Northern Ocean ...

He believes the company’s drill results bode well for the resource update ... by enabling them to operate using non-potable water, including both recycled and contaminated sources.

averaging 72 active drilling rigs. Neveu said the uptick in demand is coming both from customers drilling heavy oil, as well as those drilling natural gas condensate, which is added by producers to ...

Canada’s largest oil-and-gas drilling rig company says the profit works out to $2.77 per share, compared to the $20 million profit, or $1.45 per share, it earned in the third quarter of 2023.

and capable of operating at water depths of up to 12,000 feet (over 3,500 meters). Eni exercised a two-year contract extension for the rig in April 2023. Last year, Galp began to drill a well in ...

has delay the drilling of the Chuditch-2 well, principally due to overrunning drilling activities of other operators using the preferred rig. Against this background, Sunda said it continues to seek ...