The consensus price target for NOV Inc. (NYSE:NOV) has increased, indicating optimism, but Goldman Sachs sets a lower target ...

Chinese yard CIMC Raffles has completed the hull of the P-80 floating production, storage and offloading (FPSO) vessel, according to Chinese media reports. The unit is now en route to Singapore ...

Trinity Jones says she and her boyfriend, Fernando Quinones, were on their way to the movies when they were hit by the big rig. The couple is now left trying to find the driver who was behind the ...

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 ...

Sylvester Turner will take place on Nov. 4. His announcement comes as House Minority Leader Hakeem Jeffries, D-N.Y., threatened a lawsuit against Abbott last week, alleging that Abbott was holding ...

Lime Petroleum, a subsidiary of Rex International, has signed a contract with Borr Drilling’s affiliate Borr Gerd Limited for a jack-up drilling rig, which will be used in a campaign offshore Benin in ...

The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said Friday in its latest report. The decline reduces the total ...

SHASTA COUNTY, Calif. — All lanes are blocked along southbound Interstate 5 at Salt Creek due to an overturned big rig, Caltrans District 2 announced. Caltrans said motorists should expect ...

U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs rose to the highest since June, energy services firm Baker Hughes said in ...

Baker Hughes said this week's decline put the total rig count down 30 rigs, or 5% below this time last year. Baker Hughes said oil rigs rose by five to 489 this week, their highest since June ...

Oslo-listed Shelf Drilling has suffered another contract termination with a jack-up drilling rig operating in the Danish North Sea being cancelled long before its planned contractual conclusion in ...

The UK has sanctioned a “pro-Kremlin operation” that attempted to rig Moldova’s EU referendum, the Foreign, Commonwealth and Development Office has said. The sanctions, announced on Wednesday, target ...