MidOcean Energy, backed by Saudi Aramco, is the leading bidder to acquire Petronas’s Canadian gas and LNG assets in a deal potentially worth up to $7 billion.

In its February 28 rig count, Baker Hughes showed that North America added five rigs week on week. Its February 21 count ...

Exciting news! Arabian Drilling secures $365M in contract extensions for 5 jack-up rigs. Strengthening partnerships with ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time ...