CALGARY, AB, May 5, 2025 /CNW/ - STAMPEDE DRILLING INC. ("Stampede", or the "Corporation") (TSXV: SDI) is pleased to announce that it has entered into a drilling equipment purchase agreement (the ...

It might not be a great time to start offshore drilling, with oil prices as depressed as they are, but it might just be a great time to buy an offshore drilling rig for a cut-rate price—in fact, you ...

Zenith Energy ( ($GB:ZEN) ) just unveiled an update. Zenith Energy Ltd. announced the planned sale of its ZEN-260 drilling rig, originally ...

We still hold the view that top tier drillers like PDS are undervalued relative to their earnings potential and are now selling at a discount. The rig count is unlikely to rise significantly from the ...

BAAR, Switzerland: Weatherford International plc (NYSE: WFT) (the "Company" or "Weatherford") today announced it has completed the sale of two land drilling rigs that were relocated in Algeria and has ...

HOUSTON, May 31, 2022 (GLOBE NEWSWIRE) -- Vantage Drilling International (“Vantage”), announces today that on May 27, 2022, its directly-held subsidiary, Vantage Holdings International (“VHI”), ...

Epiroc COP M Series DTH hammers (COP M6, COP M7, and COP M8), bundled with the company’s drill rigs, are designed to ensure maximum drill speed and productivity for every hole diameter. Since the ...

The company has also made significant strategic moves, including the sale of three jack-up rigs and a 50% stake in the Gulfdrill joint venture to Gulf Drilling International (GDI) for $338 million.

Maersk Drilling sold two oil drilling rigs to U.S.-based energy infrastructure company New Fortress Energy Inc (NFE) which it will convert into floating liquefied natural gas (LNG) facilities, the ...