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.

The rig's contract was recently extended by the Saudi giant. “ [The] High Island V contract with Saudi Aramco has been extended by one month to July 2025,” Shelf Drilling confirmed in May.

Saudi Aramco is in advanced talks to acquire 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from the ...

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 ...

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

Saudi Arabian Oil Co. engages in the exploration, production, transportation, and sale of crude oil and natural gas. It operates through the following ...

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

CNN is tracking where the attacks are happening and which Iranian nuclear facilities have been targeted.