Rising energy claims against a reducing premium base; and the increased cargo accumulation risk onboard vessels and in port continue to challenge marine insurers. Statistics released at the ...

Saudi Arabian oilfield services provider Arabian Drilling Company said it won multiple contracts from Aramco for ten additional land rigs. Arabian Drilling said the ten contracts awarded are for land ...

ADNOC Drilling has signed a deal to buy ten newbuild hybrid power land drilling rigs. ADNOC Drilling has splashed $252 million to buy ten newbuild hybrid power land drilling rigs, in its push towards ...

HOUSTON, July 13-- The US land drilling rig count is moving higher, the land rig market is tightening, and market fundamentals indicate that day rates will improve later this year going into next year ...

BANGALORE, Aug 3 (Reuters) - Contract driller Rowan Cos Inc reported a quarterly profit that beat analysts' estimates, backed by strong land rig utilization, and said clients were shifting capital ...

Abu Dhabi National Oil Company (Adnoc) has stalled plans to build dozens of land rigs in China as low oil prices hamper the state giant's fleet expansion effort. Well-placed industry sources told ...

North America dropped five rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on May 30. The U.S. dropped three rigs week on week and Canada cut ...

Strong oil and gas demand and an accompanying price rise have helped revive a land drilling rig market devastated by the Covid-19 pandemic. But it is a slow recovery, and an uneven one, according to ...

ADNOC Drilling is adding four land rigs to a drilling fleet that has more than tripled in size since 2010. National Oilwell Varco built the rigs, worth a total of more than $100 million, in Abu Dhabi.

May 22—A rig nicknamed "The Beast" has set a long-distance drilling record in Alaska, and unlocked oil from a new section of the western North Slope oil fields. ConocoPhillips Alaska said the ...