Singapore-based Megamas Resources Pte Ltd has placed a contract with Norway’s Ulstein Design & Solutions AS covering the ...

Discover the top 4 undervalued Energy Equipment & Services stocks for Thursday, June 05 based on AAII’s Stock Grades.

More jack-ups drilling rigs could be leaving the Middle East region to pursue opportunities in other regions, according to one of the world's premier shallow-water drillers. Shelf Drilling ...

Investing in hooklift systems helps companies enhance safety, improve efficiency, and reduce operational costs, positioning ...

The Trump administration is trying to position direct lithium extraction, deepsea mining and battery materials-focused ...

Discover the top 6 undervalued Energy Equipment & Services stocks for Wednesday, May 28 based on AAII’s Stock Grades.

The Norwegian owners of two state-of-the-art deepwater drilling rigs are working hard to secure new contracts for the units which are currently unemployed despite their excellent track records and ...

CLEARFIELD – A Karthaus man will stand trial for breaking into a drilling rig to steal copper wire. Jason Lee Hoover, 47, is charged with burglary, criminal trespass, criminal mischief, and theft by ...

The drilling operation will be conducted with Odfjell Drilling’s Deepsea Yantai semi-submersible rig. Owned by CIMC Raffles and managed by Odfjell Drilling, the rig is a harsh environment rig able to ...

Gas-directed rigs also decreased by 1 to end the week at 100. A year ago, 103 units were drilling for gas. The number of rigs drilling on land decreased by a single rig to 563. The number of rigs ...

The deck crew was moving drilling equipment from the rig floor to the pipe deck, where it was easier to secure. After a safety meeting to go over the plan and identify any hazards, a lift plan — ...

KUALA LUMPUR: PJBumi Bhd ’s wholly-owned subsidiary, PJBumi Heavy Engineering & Services Sdn Bhd (PJbumihes), has entered into a master construction agreement for onshore drilling rigs with ...