The deepest offshore oil well was over 35,000 feet by the Deepwater Horizon, and the Maersk Voyager operated in the deepest ...

SLB (NYSE:SLB) said Thursday that ADNOC Drilling agreed to acquire a 70% stake in its land drilling rigs business in Kuwait ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row to the lowest ...

The key hurdle is that conventional drilling technology cannot reach these extreme depths. This is precisely the problem that ...

Baker Hughes said its weekly US rig count fell for a fifth consecutive week to 563 rigs, the lowest level since November 2021 ...

The US drilling rig count decreased 3 units to reach 563 rigs working for the week ended May 30, according to Baker Hughes data. The count is down 37 units from the 600 rigs working this time a year ...

Drilling the borefield is a key part of any geothermal HVAC project. For the 70% of HVAC contractors who outsource some or ...

Shipbroking group SSY is starting a new offshore drilling rig business, two years after breaking into brokerage for offshore ...

Adnoc Drilling has won two offshore jack-up rig deals worth a combined $1.15 billion for 15 years from compatriot Adnoc ...

Precision Drilling's focus on Canada's robust oil market and U.S. natural gas basins could help it thrive despite low oil ...

Nabors Industries makes investments in automated drilling, and may receive significant revenue growth. Read why I rate NBR ...

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