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 ...

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 ...

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

Despite campaign promises of energy prosperity, Trump’s tariff-driven strategy is sowing doubt among energy executives. A ...

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 ...

Valaris Limited VAL and Jadestone Energy are developing the Montara field offshore Australia, for which the Valaris 247 jack-up rig has arrived at the location. The jack-up rig is scheduled to ...

By News Center Turkish Energy and and Natural Resources Minister Alparslan Bayraktar arrived in Şırnak with engineerin ...

U.S. January oil production decreased by 305 kb/d to 13,146 kb/d, 158 kb/d lower than December 2023. Click to read.

Global energy technology company SLB has been awarded a major drilling contract by Australian independent Woodside Energy for ...