Adnoc Drilling Company on Tuesday announced the award of a $1.15 billion, 15-year contract for two jack-up rigs by Adnoc ...

Baker Hughes, an energy services company, said Friday that U.S. firms have cut back on the number of natural gas and oil rigs for the fourth consecutive ...

The latest EIA data showed that weekly U.S. crude oil production rose, from 13.387 million bpd to 13.392 million bpd. The ...

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Despite a net loss, SFL Corp Ltd (SFL) showcases strong dividend history and strategic asset management amid market ...

RigNet, Inc., a provider of managed remote communications solutions for the upstream oil and gas industry ... communication services to most Hercules Offshore rigs operating outside of the ...

The new company will own 17 rigs. Earlier in 2016, Borr agreed to buy two Hercules Offshore jack-ups. The Petoro document that confirms there’s been lots of drilling off Norway lately also adds that ...

The Norwegian major will no doubt hope that the semi-submersible Hercules is a “lucky” rig, given that the last ... 1.3 billion barrels of recoverable oil. Equinor is expected to drill an ...

The wells were drilled with Odfjell Drilling-managed semi-submersible rig Hercules. Galp Makes Another Oil Discovery Offshore Namibia Galp to Further Evaluate Extent of Mopane Oil Discoveries with ...

Rigs hunting for U.S. oil dropped by 14 last week ... that it might curtail its fleet came a week after Houston driller Hercules Offshore said it will shut down four rigs in the Gulf of Mexico ...

SFL Corporation Ltd has announced that it has signed a drilling contract in Canada with a subsidiary of Equinor ASA for the harsh environment semi-submersible rig Hercules. The estimated contract ...