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 ...

BAAR, Switzerland, Nov. 1, 2018 /PRNewswire/ -- Weatherford International plc (NYSE: WFT) (the "Company" or "Weatherford") today announced it has completed the sale of its land drilling operations in ...

Baker Hughes' rig count has increased by 24 since the beginning of the year. The largest propotion of that rise, 16, are land rigs. Dayrates for land rigs have surged above 1997 levels and are at or ...

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 ...

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, ...