Canada’s largest oil-and-gas drilling rig company says the profit works out to $2.77 per share, compared to the $20 million profit, or $1.45 per share, it earned in the third quarter of 2023.

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In recent years, Chinese-manufactured oil rigs have earned a strong reputation in global markets due to their advanced technology, cost-efficiency, and comprehensive service support, especially for ...

Prime Video has released an early look at The Rig season 2, with Line of Duty star Martin Compston returning to the lead role in the sci-fi drama. The first instalment, which dropped in January ...

On Nov. 5, Americans will decide between Kamala Harris and Donald Trump for president. Trump has repeatedly vowed to pursue drilling in the refuge, while Harris is expected to continue the Biden ...

The PBPA says the Basin’s increased rig count was driven ... labor costs, drilling depths, distances, conditions and the recovery methods used. Ray Perryman “Some costs are also specific ...

A legal challenge against the expansion of an oil-drilling site in North Lincolnshire is to be uncontested. Campaigner Sandie Stratford argued North Lincolnshire Council acted unlawfully by ...

Norwegian Ocean Industry Authority (Havtil) has issued the Acknowledgement of Compliance (AoC) for the Shelf Drilling Barsk jack-up rig, which can now proceed to start operations with Equinor on the ...

Four contractors have emerged as the likely winners in a Petrobras tender to charter a quartet of high-specification drilling rigs at a time the Brazilian oil giant seeks to replenish its fleet ...

Namibia’s next wave of offshore oil drilling is set to begin with the arrival of a rig near an existing discovery made by Galp Energia SGPS SA. Saipem SpA’s Santorini drillship showing a ...

After spending time in Liga Mexicana de Béisbol or LMB, Mexico's top baseball league, Trevor Bauer and agent Rachel Luba have embarked on an adventure across the pond to Europe. On Tuesday ...

A rig is due to arrive at Egypt's Zohr gas field in December to restart drilling work, with the aim of producing 220 million cubic feet per day from two wells, Petroleum Minister Karim Badawi told a ...