The Texas oil major signed agreements that lay the groundwork for it to explore the giant Majnoon oil field, ending the ...

India's ONGC plans to hire at least four cantilever-type jack-ups of MLT or BMC design, able to operate in water depths up to ...

CC0 Usage Conditions ApplyClick for more information. At 14,000 tons and 2.5 times the height of the Statue of Liberty, the Piper Alpha oil rig was one of the largest in the world. But on July 6, 1988 ...

Adnoc Drilling has won two offshore jack-up rig deals worth a combined $1.15 billion for 15 years from compatriot Adnoc Offshore. The jack-up deals will bring in “accretive rates that generate ...

U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row for the first time since June 2018 as producers start drilling again with prices holding around $40 a barrel over ...

Saudi Arabia’s oil drilling giant ADES Holding Company has received 99.6% shareholder approval for its merger with Norwegian ...

The Saudi state-owned oil giant completed the acquisition of an additional 22.5 percent stake in the refining and ...

Later today, oil services and technology company Baker Hughes will release its U.S. rig count, which is the tally of active oil rigs in the country. Since the spring, rig count has declined, reaching ...