Borr Drilling Limited (the "Company") is pleased to announce new contract commitments for three of its premium jack-up rigs and additional fleet updates. Highlights Secured new awards for the rigs ...

The tumult caused by U.S. president Donald Trump 's attempt to reorganize international trade via tariffs continued to wreak havoc on crude prices Monday, with the commodity incurring a 2 percent ...

Oil prices fall to their lowest level since April 2021 and OPEC announces it will increase production. Lowering energy costs ...

Suncor Energy is on the hunt for a rig set to be used in a multi-well drilling campaign at its Terra Nova oilfield offshore ...

The drilling operation is expected to commence between late May and mid-June this year using the Hakuryu-14 jack-up rig.

Lime Petroleum, a subsidiary of Rex International, has signed a contract with Borr Drilling’s affiliate Borr Gerd Limited for ...

Rex International’s 80.14% subsidiary, Lime Petroleum Holdings, has signed a contract with Borr Gerd for a modern-built ...

President Trump had vowed to lower energy prices. His friends in the oil patch never dreamed he would do so by upending the ...

A Houston-based oil company has rebuffed the authority of the California Coastal Commission in a bid to revive drilling off ...

Like Texas, the Permian Basin was down three rigs to 294 rigs for the week and the lowest level since February 2022. The ...

Baker Hughes, a leading energy services company, said that the U.S. firms cut back on the number oil and gas rigs for the second consecutive ...

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 in its latest report.