ADNOC Drilling plans to borrow $1 billion to refinance existing debt and fund future growth, including potential acquisitions ...

The number of active rigs drilling for oil and gas in the U.S. rose by 2 to 588 for a third consecutive weekly gain, Baker Hughes said.

Most of the rigs had been abandoned at Keppel's yard by their owners. Keppel was the most celebrated builder and designer of ...

Adnoc Drilling Co. plans to tap banks for about $1 billion in financing this year so the unit of the United Arab Emirates’ ...

The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 586, Baker Hughes said in its latest weekly report.

Aro Drilling’s newbuild jack-up drilling rig programme is continuing in Saudi Arabia with a drilling equipment package recently awarded to National Oilwell Varco (NOV). This will be the third newbuild ...

Petroleo Brasileiro SA has requested authorization from Brazil’s environment protection agency to prepare a drilling rig for work at a disputed offshore exploration project, a sign that the ...

The total includes 607 to drill new oil or gas wells, six to re-enter plugged wellbores, and 53 for re-completions, the RRC ...

Gas-directed rigs decreased by 1 to 98. A year ago, 117 units were drilling for gas. The number of rigs drilling on land in the US was up 7 rigs to 567. Three of the major oil and gas producing ...

Baker Hughes, which has issued rotary rig counts to the petroleum industry since 1944, describes the figures as an important business barometer for the drilling industry and its suppliers.

President Trump’s “Drill, baby, drill” initiatives may cause a demand spike for offshore drillers. Trump signed an executive ...

DNO ASA plans to drill between four and six North Sea exploration wells in 2025. The company will take part in developing ...