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.

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 ...

Woodside Energy floated the possibility of Saudi Arabian Oil Co., known as Aramco, buying a stake in its newly approved Louisiana LNG project after signing a collaboration agreement with the giant ...

Borr Drilling (BORR) faces temporary suspension of operations in Saudi Arabia, impacting its stock price while initiating a $10M stock buyback program.

Saudi Aramco, the world’s largest oil exporter, is embarking on a massive offshore rig contracting spree, with more than 30 jack-up rigs likely to be chartered by the state-owned giant in an ...

ARO Drilling has received a notice of suspension for one of its 19 contracted rigs, the jackup Valaris 143. The company, a joint venture in Saudi Arabia between Valaris and Aramco, has been ...

Saudi Aramco, the world’s largest oil exporter, has suspended multiple jack-up rig contracts with at least six leading drilling contractors as it moves to fine-tune its offshore drilling fleet ...

Borr Drilling's Q4 results exceed expectations, but uncertainty in Saudi Arabia may bring near-term challenges to the jackup rig market. Explore more here.

Helmerich& Payne, Inc. today announced that the Company and Saudi Aramco have finalized the contractual terms related to a recent 7- rig tender award. In total, expectations are for capital ...

9Saudi Aramco said on Wednesday it has boosted its Aramco Ventures unit by $4 billion, more than doubling the oil giant's overall venture capital funding.

Saudi Aramco has overtaken Apple as the world’s most valuable company, underscoring the recent surge in oil prices that have boosted the energy giant this year.