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 ...

Dubai-headquartered Shelf Drilling has secured a five-year extension for its High Island V jack-up rig. The extension is in direct continuation of the rig’s current contract with the same customer, ...

Norway-based Tampnet, a notable player in offshore private 5G, has a major new multi-site gig with oil firm Aker BP, and a total core-network swap-out with US vendor Mavenir.

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.

Offshore drilling firm Shelf Drilling has secured a five-year extension with Saudi oil and gas giant Aramco for its High Island V jack-up drilling rig. The extension is in direct continuation of the ...