On crowded platforms, a small army labors to keep up the extraction of fossil fuels from the state’s oldest producing oil and ...

A gaggle of companies are searching the US Midwest for underground hydrogen fuel produced by a billion-year-old split in the ...

How Deep Can Offshore Oil Rigs Drill? By ... These floating oil rigs are mobile and are fit for deeper, rougher waters. They in water between 1,600 and 10,000 feet and drill up to 6.2 miles.

RIG boasts strong backlog, cost savings and global contracts, but faces net losses, high debt, idle rigs and pricing pressure in a volatile market.

Ukraine's leading natural gas producer, state-run firm Naftogaz, will receive a 36.4 million euro loan from the European Bank for Reconstruction and Development to modernise its drilling equipment ...

The loan will be used to purchase new mobile drilling rigs with lifting capacities of 125 and 180 metric tons, the company said in a statement. KYIV (Reuters) -Ukraine's leading natural gas producer, ...

(MENAFN- UkrinForm) Naftogaz Group will receive a EUR 36.4 million loan from the European Bank for Reconstruction and Development (EBRD) to modernize the drilling equipment of Ukrgasvydobuvannya JSC.

A subsidiary of Ukraine’s Naftogaz is receiving a €36.4 million ($41.5 million) loan from the European Bank to modernise the company’s drilling equipment, the state-run company said Monday ...

Whether it’s developments such as automation or electrification, changes within the surface mining industry keep coming.

Camp opening and logistics have commenced with geophysics and drilling to follow in the coming weeks Highlights: The 2025 ...

Advances in technology — artificial intelligence (AI), automation, digitalization, and electrification — are revolutionizing ...