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 ...

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 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 ...

HAMILTON, Bermuda, Nov. 16, 2022 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) announced today the launch of its Canrig Red Zone Robotics (RZR) Rig Floor Module, a ...

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 ...

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 ...

U.S. oil drillers cut rigs for an eighth week in a row to the lowest level since October 2009, oil services company Baker Hughes Inc said Friday, even with futures at six-month highs as some energy ...

Houston-based Southwestern Energy has signed a $37.7 million deal for five newbuild land drilling rigs from a private company to drill wells in its Fayetteville Shale play. Delivery of the first rig ...

Patterson-UTI Energy Inc., a drilling contractor based in Snyder, Tex., agreed to buy $100 million of rig components from National Oilwell Varco Inc. to build 15 land drilling rigs in 2007. HOUSTON, ...

Earnings Call Insights: Kimbell Royalty Partners, LP (KRP) Q2 2025 Robert Dean Ravnaas, Chairman and CEO, reported "solid results for the second quarter with strong cash flow, continued debt paydown ...