Modern offshore oil rigs are engineering wonders designed to accommodate massive crews and operate in some of the most hostile environments on Earth. As the demand for oil drives exploration into ...

Komatsu just launched its first-ever electric underground drilling and bolting rigs, signaling a new beginning for the Japanese construction giant’s hard rock mining portfolio. Part of a broader range ...

May 20 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for a ninth week in a row, data showed on Friday, as mostly small producers respond to high prices and prodding by the ...

The drilling rig count in Canada increased during the week ended Aug. 15, led by a gain in oil-directed rigs. Baker Hughes’ overall tally of active drilling rigs in Canada increased 3 units to 183.

In its weekly release, Baker Hughes Company BKR stated that the U.S. rig count was higher than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major newspapers ...

Los Angeles-based Charger Investment Partners has completed the acquisition of Versa-Drill, a market-leading designer and assembler of premium drilling rigs used in water well, geothermal and cathodic ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The number of total active drilling rigs in the United States ...

ADNOC Drilling has signed a $112 million agreement to acquire a 70% stake in SLB’s onshore drilling rig operations in Kuwait and Oman, marking a major step in the company’s international expansion ...

The number of total oil and gas drilling rigs in the U.S. declined by 8 to 539, the lowest total since October 2021 and falling for the 10th week in a row for the first time since July 2020, Baker ...

In its weekly release, Baker Hughes Company BKR stated that the U.S. rig count was lower than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major newspapers and ...