Canada's largest drilling rig contractor says it will be closely watching the startup of this country's first liquefied ...

MONCTON, N.B. — Major Drilling Group International Inc. has signed a deal to buy South American specialty drilling contractor ...

In recent years, Chinese-manufactured oil rigs have earned a strong reputation in global markets due to their advanced ...

A pioneering new battery-electric drill rig was recently showcased at the MINExpo exhibition held in Las Vegas, US. Described ...

NOV Inc. shares rose 9.49% in three years, outperforming crude oil. Learn more about why NOV stock may be undervalued despite ...

CALGARY — Precision Drilling Corp. said it will be closely watching the startup of this country’s first liquefied natural gas export facility after being caught off guard by the dramatic increase in ...

U.S. August oil production increased by 195 kb/d to 13,401 kb/d to another record high. Texas production increased by 99 kb/d ...

Baker Hughes reports US rig count remains unchanged at 585, with oil and gas drilling activity stable but down 5% from last ...

Four contractors have emerged as the likely winners in a Petrobras tender to charter a quartet of high-specification drilling ...

Two heavyweight operators have come together for a two-year drilling programme in the Barents Sea off Norway’s far north in ...

Namibia’s next wave of offshore oil drilling is set to begin with the arrival of a rig near an existing discovery made by ...

CALGARY — Precision Drilling Corp. says it earned $39 million in the third quarter of 2024, nearly double what it earned in ...