Petrobras let contracts to EBS Perfurações and Conterp for new drilling rigs to expand onshore oil and gas production in Brazil's state of Bahia.

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Drilling activity is picking up pace in Suriname, with operators including TotalEnergies, Shell and Petronas also set to ...

Oando Plc listed on both the Nigerian Exchange Group (NGX) and Johannesburg Stock Exchange (JSE), has stood at ...

Feb 7 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, energy services firm Baker Hughes (BKR.O), opens new tab ...

(NOV) to form a joint venture to make onshore rigs and equipment in Saudi Arabia, the state-owned Saudi energy firm said. Saudi Aramco will own 30 percent of the venture, while the rest will be owned ...

Our expectations for profitability improvements coupled with the firm’s history of conservative balance sheet management leave us confident that NOV will maintain adequate liquidity to service its ...

The oil and gas rig count, an early indicator of future output, rose by four to 586 in the week to February 7. Despite this week's rig increase, Baker Hughes said the total count was still down 37 ...

OMV has been granted a permit by the Norwegian Offshore Directorate to drill an oil and gas exploration well in the North Sea. The overall drilling rig count in North America is up 9 units during ...