News

The weekly rig count increased in the US and dipped slightly in Canada, according to Baker Hughes. There were 587 rotary rigs working in the US and its waters compared with 613 for the comparable ...
Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Precision Drilling (PDS – Research Report), ...
BP and Eni confirmed the preliminary results of the Capricornus 1-X exploration well in Namibia's Orange Basin.
Russia's oil producers have been drilling at a pace not seen in at least five years as the nation readies for both a loosening of OPEC output limits and the possibility of relief from some war ...
Russia’s oil producers have been drilling wells at a pace not seen in at least five years as the nation readies for both a ...
The last remaining state-of-the-art newbuild drillship available for purchase is located in Singapore, but is struggling to ...
The Trump administration announced Friday it was moving to expand offshore drilling, potentially including in the Arctic. In ...
US Bitcoin mining firms will try to capitalize on the Trump administration’s recent tariff pause by stocking up on mining rigs, but the baseline 10% tariffs will still leave the industry at a ...
With the above developments, six rigs that were idle for part or the whole of 1Q25 are set to resume operations, laying the foundation for a significant improvement in utilisation, revenue and EBITDA ...
In contrast, on the production side, autonomous drilling equipment is now standard, ranging from remote control, tele-remote and semi to completely autonomous. Exploration drilling technology is ...
The CM 785 drill from Atlas Copco is built on the straightforward design of the 700-series' drill rigs combined with features and components common within the Atlas Copco ROC crawler range.