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 investment thesis is that there may be increased demand for drilling ... as well as lower carbon solutions to broader energy and industrial sectors. IET also provides equipment, software ...

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 ...

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 ...

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.

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 ...

Unit OF-147: 2010 Forum 5-1/8 inch 10K Quad BOP with Enviro-Safe Dismantling System Posted: Oct 30, 2024 ...

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 ...

Petrobras has achieved first oil with the Floating Production Storage and Offloading (FPSO) unit Marechal Duque de Caxias, one of the largest ultra-deepwater FPSOs in the world, installed at the Mero ...