News

U.S. drilling activity sees a slight uptick with two additional rigs, marking the first increase in four weeks.
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.
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 ...
Here, the ferries that shuttle workers to oil rigs in the nearby Gulf of Mexico periodically halt service due to nonpayment. The Hotel Llirre, which exclusively houses oil workers, sits mostly empty.
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 ...
U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on March 21. The oil and gas rig ...