More recently, services firms have taken to purchasing retired rigs at auction cheaply ... Prideco, a drill stem manufacturer, led to negative economic profits in NOV’s non-rig technologies ...

The company has now added a second drill rig during the month of April 2025 to further advance progress on its previously announced ~18,000-metre exploration drilling program. The 2025 drill ...

Furie was acquired by HEX Cook Inlet several years ago when the formerly Texas-based Furie filed for Chapter 11 bankruptcy and went to auction overseen by the ... Spartan 151 is a cantilevered jack-up ...

Walvis Bay, Namibia — The search for oil and gas in the watershed of the world-famous, wildlife-rich Okavango Delta moved one step closer to reality when a multimillion-dollar drilling rig from ...

Drill for oil like it's 1899 ... Lease land at the town auction and search for oil. Build a rig, create an efficient pipe network and bring up the oil to store it in silos. Sell the oil at ...

The Transocean Barents, a 120-meter-long and 77-meter-wide drill rig flying the Marshall Islands flag, entered the strait at approximately 6.50 am as it traveled from Spain to Romania. Standing nearly ...

A down-the-hole (DTH) drill rig introduced to the market in 2018 has become the preferred choice for surface mines across Southern Africa, particularly in high-capacity production drilling ...

A rig is due to arrive at Egypt's Zohr gas field in December to restart drilling work, with the aim of producing 220 million cubic feet per day from two wells, Petroleum Minister Karim Badawi told a ...

The Democratic Republic of Congo has cancelled a major auction of rights to drill for oil and gas across the country ... had pressured government officials to effectively rig the auction in Alfajiri’s ...

The Democratic Republic of Congo has cancelled a major auction of rights to drill for oil and gas across the country ... had pressured government officials to effectively rig the auction in Alfajiri’s ...

Hard rock mining equipment manufacturer Sandvik is working with Swedish mining company Boliden AB to test and develop a new, battery electric surface drill rig concept at Boliden’s Kevitsa mine.

More recently, services firms have taken to purchasing retired rigs at auction cheaply ... Prideco, a drill stem manufacturer, led to negative economic profits in NOV’s non-rig technologies ...