The newly elected President of the Association of Water Well Drilling Rig Owners and Practitioners (AWDROP), Prof. Ajeni Okunlola, has pledged to prioritize transparency and accountability in the ...

The company is Canada’s largest drilling rig contractor, and as such, serves as a barometer for the overall health of the country’s energy sector.

The drilling operations will be conducted with COSL Drilling’s COSLProspector semi-submersible drilling rig. COSLProspector can operate in water depths up to 1500 meters and drilling depths to 7500 ...

Offshore drilling firm Shelf Drilling has secured $234 million in contracts and extensions for two of its jack-up drilling rigs - Shelf Drilling Achiever and Adriatic I - for work offshore West Africa ...

Canada’s largest oil-and-gas drilling rig company says the profit works out to $2.77 per share, compared to the $20 million profit, or $1.45 per share, it earned in the third quarter of 2023.

That pipeline has served to boost prices for Canadian heavy oil. Neveu said as a result, demand for Precision’s rigs in this country is at “historic highs.” He said the uptick in demand is coming both ...

Strike Energy Ltd. successfully flow tested the Erregulla Deep-1 (ED-1) discovery well in EP469 in Western Australia’s onshore North Perth basin. Norway’s daily production averaged 1.720 ...

China's Honghua Group, a leading global land drilling rig manufacturer under the Dongfang Electric Corporation, delivered the domestically developed 12,000-meter intelligent deep drilling rig in ...

Egypt - American oil and gas company Halliburton is set to finish drilling four deep-water natural gas wells in Egypt by the end of November ... Two additional wells are nearing completion, with the ...