A close-up of a drilling rig with its silhouette against a sunset sky. The analyst highlighted a shift in preference towards offshore projects compared to North American markets. Despite the ...

On May 28, JP Morgan analyst Arun Jayaram upped Noble Corporation plc (NYSE:NE)’s stock from “Neutral” to an “Overweight” rating and set a price target of $30.00. A close-up of a ...

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With a well reaching new depths and fundraising hitting new heights, Fervo Energy's enhanced geothermal system development is ...

The number of total oil and gas drilling rigs in the US fell for the seventh consecutive week, down by 4 to 555 to the lowest count since November 2021, Baker Hughes reported.

Did you know that after the completion of the construction of one of the tallest buildings in the world - the Empire State ...

The Norwegian owners of two state-of-the-art deepwater drilling rigs are working hard to secure new contracts for the units which are currently unemployed despite their excellent track records and ...

Currently, the most advanced deepwater rigs — those of ultra-deepwater drillships — can drill down to 40,000 feet, or roughly 7.5 miles, below the ocean floor. But along with the immense ...

The number of rigs drilling for crude oil fell by three to 439 rigs, the lowest level since October 2021 and down 49 rigs or 10% from 488 the previous June. The number of rigs drilling for natural gas ...

Italian major Eni has, as expected, elected to retain a deepwater drilling rig in Indonesia where it has multiple operations progressing in parallel. The operator has exercised the first of four ...

Sandvik Mining is introducing AutoMine Surface Fleet, a new feature that enables operators to manage more than 15 Sandvik surface i-series drill rigs from any connected site location. The new ...