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 ...

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 ...

Rhino Resources and partners will perform post drilling analysis following a successful test of a light-oil discovery ...

Tidal Action ultra-deepwater drillship has embarked on a voyage from South Korea to Brazil to start its maiden job at ...

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 ...

Throughout the quarter, up to 28 drill rigs were active consisting of seven rigs at Cerro Los Gatos, seven rigs at Santa Elena, 13 rigs at San Dimas, and one rig at La Encantada. Conversion to ...

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 ...