The Thor rig received a binding letter of award from Vietsovpetro in Vietnam for a three-well programme, expected to commence ...

Oil markets, along with Wall Street, began a free fall on April 2 when Trump announced the new tariffs on trading partners.

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

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

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Borr Drilling Ltd has announced new contract commitments for three of its premium jack-up rigs and additional fleet updates.

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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 ...

Apollo Techno Industries Limited (Apollo, The Company) is a Mehsana, Gujarat-based company that manufactures a variety of ...

president and CEO of Premium Oilfield Technologies, which manufactures and sells equipment that enables oil companies to drill wells faster. Line chart showing U.S. oil rig count over the last decade.