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Shelf Drilling has agreed to buy the remaining shares in its UK subsidiary to solidify its position as the world's third-largest owner of shallow-water drilling rigs. The agreement will see Shelf ...

The new chief executive of the company that owns two deepwater drilling rigs that have been star performers in Namibia says the company is not for sale and is, in fact, starting a growth phase in ...

Canadian oil tycoon Adam Waterous increased his holdings in the country’s oil sands, buying a significant stake in Greenfire Resources Ltd. for about C$328 million ($241 million). The roughly 30 ...

Right now, the offshore oil-and-gas drilling industry is continuing to ramp up. This means some drillers and companies that service them are trading low relative to the value of their expected ...

Seadrill (SDRL) +2.8% in Thursday's trading as Citi upgrades shares to Buy from Neutral with a $52 price target, rating it as the preferred name among offshore drillers, forecasting a sector-best ...

The hats are based on one of the four Hogwarts Houses. The Drillers will wear special Potter-themed jerseys. There also will be the Drillers’ first-ever Drone Show. Sunday — Fireworks ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The total number of active drilling rigs for oil and gas ...

Despite the decrease in oil prices, drillers were still on track to boost U.S. crude output from a record 12.9 million barrels per day (bpd) in 2023 to 13.3 million bpd in 2024 and 13.7 million ...

Oil India Limited plans to initiate drilling activities in Andaman and Nicobar offshore waters as part of its exploration efforts. CMD Ranjit Rath stressed the need for stable oil prices for ...

That increase in oil prices should encourage drillers to boost U.S. crude output from a record 12.9 million barrels per day (bpd) in 2023 to 13.2 million bpd in 2024 and 13.7 million bpd in 2025 ...