Norway's Equinor has awarded Maersk Drilling AS a five-month contract for the Maersk Intrepid rig to provide operational support on the Martin Linge field in the North Sea. Two extension options will ...

Kosmos Energy has arranged a rig-share with BP and Maersk Drilling for the semisubmersible Maersk Discoverer. The rig is expected to start drilling the FA-1 exploration well on the Foum Assaka block ...

Maersk Drilling has entered into a definitive agreement to acquire the newbuild harsh environment jack-up rig, formerly named Hercules Highlander, from a subsidiary of Hercules Offshore (Nasdaq: HERO) ...

Assigning a $150 million valuation to the Platinum Explorer would result in an estimated net asset value ("NAV") of $33.88 per share: Going forward, Vantage Drilling will mostly serve as a rig ...

Bermuda-based drilling contractor Borr Drilling has received a notice of temporary suspension of operation from Mexican state-owned oil company Pemex for three of its jack-up rigs working in the ...

The number of active rigs drilling for oil and gas in the U.S. rose by 6 to 582, after the count fell by 4 a week earlier to its lowest since December 2021, Baker Hughes said Friday in its latest ...

Gas-directed rigs decreased by 1 to 98. A year ago, 117 units were drilling for gas. The number of rigs drilling on land in the US was up 7 rigs to 567. Three of the major oil and gas producing ...

A. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in the global container market as it sees consumer demand defying an intensifying trade war. The global container market will ...

Oil rigs, also known as drilling rigs, are structures designed for drilling wells into the earth to extract oil and natural gas. They can be located on land or in the ocean and are equipped with ...

Brazilian state-controlled oil company Petrobras has welcomed four commercial proposals in a tender to charter a jack-up drilling rig for intervention work at several shallow-water fields in the ...

Baker Hughes, which has issued rotary rig counts to the petroleum industry since 1944, describes the figures as an important business barometer for the drilling industry and its suppliers.

The Republican-led House passed legislation to block future administrations from enacting bans on oil and gas drilling without congressional approval. In a vote on Friday, lawmakers passed the ...