Under the Biden administration, the country shoveled unprecedented sums of federal dollars into clean-energy projectsba ...

Valaris Limited VAL and Jadestone Energy are developing the Montara field offshore Australia, for which the Valaris 247 jack-up rig has arrived at the location. The jack-up rig is scheduled to ...

Equinor contracted Island Drilling, Archer Oiltools and Baker Hughes for well plugging services for wells offshore Norway.

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U.S. January oil production decreased by 305 kb/d to 13,146 kb/d, 158 kb/d lower than December 2023. Click to read.

Oil prices experienced a sharp decline this week due to the announcement of U.S. tariffs on trade partners and OPEC+'s ...

PBR signs a contract with Constellation for a shallow-water well P&A project offshore Brazil, marking a key milestone in ...

Cairn Oil & Gas has signed a contract with Parker Wellbore to deploy a high-performance drilling rig in Rajasthan, boosting ...

Prairie Operating Co. started an 11-well development program at the Rusch Pad in Weld County, Colorado. The first well was spud on Apr. 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the ...

BAKU, Azerbaijan, March 28. Island Drilling Company AS has secured a three-year contract for well plugging services on ...