U.S. drilling activity sees a slight uptick with two additional rigs, marking the first increase in four weeks.

Cairn Oil & Gas, part of Vedanta Group and India's largest private oil and gas exploration and production company, has entered into an agreement to hire a high performance 2000 horsepower drilling rig ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 1 rig gain in the prior week.

The oil and gas rig count, an early indicator of future output, fell by one to 592 in the week to March 28. Baker Hughes said this week's decline puts the total rig count down 29 rigs, or 5% below ...

Anticipated Growth in the rig and oilfield mats market Projected to reach a market value of USD 1.79 billion by 2024, the rig and oilfield mat sector is poised for a steady ascent. Analysts at Future ...

Modec said it has signed a purchase and sales agreement with Shell, and a 20-year contract for the operations and maintenance, of the FPSO for the Gato do Mato oilfield, offshore Brazil.

Canada dropped 19 rigs for the week ended Mar. 21, according to Baker Hughes data. Canada dropped 19 rigs for the week ended Mar. 21, according to Baker Hughes data. With 180 rigs running ...

Clay Hebert, regional director of Helmerich & Payne’s West Region, noted that the company’s rigs are designed to operate in severe conditions. Their offshore rigs are designed to withstand ...