Drilling activity continued its upward climb, posting a fourth consecutive increase and hitting the highest level since June. Oilfield services firm Baker Hughes said Friday its U.S. rig count added ...

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Kuala Lumpur: Malaysia’s UMW Oil & Gas has inked a $20m rig contract with Frontier Oil Corp, which will use the former's UMW Naga 7 jack-up rig for its drilling operations in Calauit field, the ...

The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 592 for a fourth consecutive weekly gain, Baker Hughes said.

U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row to the highest level since June, energy ...

A Norwegian drilling rig company has won a US$105 million award against a Nigerian oil and gas group over alleged non-payment ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that ...

Transocean's high-spec fleet and long-term contracts position it to outperform peers despite cyclical downturn in offshore ...

Offshore driller Constellation Oil Services Holding SA is planning to list shares in Oslo after reducing debt and increasing revenue from contracts with Brazilian oil explorer Petrobras.

An estimated 12 jack-up drilling rigs are subject to contract suspensions by the Mexican national oil company Pemex, but ...

Tenaris aims to optimize its supply chain through the expansion of Rig Direct, a just-in-time inventory-management program that maximizes production efficiency through improved demand planning.