Indonesia’s s national energy company Pertamina has secured the jack-up rig CPOE 16 from Chinese offshore drilling contractor ...

The oil and gas rig count, an early indicator of future output, was steady at 592 in the week to March 14. , , . Sign up here. Baker Hughes said that puts the total rig count down 37, or about 6% ...

VAL states that it has signed two contracts with an undisclosed operator in Angola. One contract involves drilling one well, while the other is a 13-well contract.

The knock-on effects of the Energy Profits Levy have seen spend delayed on decommissioning across the industry, which is ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...

Valaris is set to hit $61.50 in 24 months with improved fleet management, rising day rates, and strategic positioning ...

Arabian Drilling ended the year 2024, with a healthy backlog of SAR 10.3 billion with an addition of SAR 795 million in Q4 ...

Montigny Le Bretonneux, March 12, 2025 Signature of a major framework contract for rig inspection with Abu Dhabi National Oil Company (ADNOC) As part of its strategy of signing framework contracts ...

Velesto is a Malaysia-based multinational provider of services for the upstream sector of the oil and gas industry ... that the global demand for jack-up rig remains strong with the ongoing ...