Under the agreement, the Saudi company will drill two wells, with an option for two additional wells with a total estimated ...

ADES Holding Co. announced that its jackup drilling unit, “Admarine 501”, has been awarded a contract by Nkuku Ikon Petroleum ...

Donald Trump used his inauguration speech to pledge America's economy would be boosted by oil reserves. Shareholders in the ...

The active rig count in the US was up by 4 units for the week ended Feb. 7 with 586 rigs running, according to Baker Hughes data.

Baker Hughes reports a rise in US drilling activity, with the rig count increasing by four to 586, marking a second consecutive weekly gain.

(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 ...

Most of the rigs had been abandoned at Keppel's yard by their owners. Keppel was the most celebrated builder and designer of ...

Q4 2024 Earnings Call Transcript February 5, 2025 Operator: Good day, ladies and gentlemen, and thank you for standing by.

Seatrium and Marco Polo Marine are emerging as top picks. Donald Trump's return to the presidency and his revival of the ...

Welcome to the NOV 4th quarter 2024 Ernie's conference call. (Operator Instructions). I would like to turn the conference over to Ms. Amie D'Ambrosio. Ma'am, you may begin. Amie D’Ambrosio Welcome, ...

SFL Corporation Ltd. ("SFL" or the "Company") (NYSE: SFL) today received the ruling delivered by the Oslo District Court regarding the legal case between SFL's rig-owning subsidiary and subsidiaries ...

The offshore drilling rigs market is growing due to rising energy demand, technological advancements, and deepwater ...