The number of active rigs drilling for oil and gas in the U.S. rose by 2 to 588 for a third consecutive weekly gain, Baker Hughes said.

U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, ...

Orbit Garant Drilling Inc (OBGRF) reports significant improvements in profitability and operational performance, despite ...

The tragedy of the Ocean Ranger imparted invaluable lessons to us as mariners, educators, and researchers in the maritime and ...

Nabors Industries is positioning itself for future growth with an international expansion strategy as its merger with Parker ...

For the full year, Adnoc Drilling's revenue climbed 32 per cent to $4.03 billion in 2024, while profit increased 26 per cent ...

Precision demonstrated remarkable market resilience despite weaker than expected U.S. customer demand and late year customer budget exhaustion in Canada. We continued our long-term record of meeting ...

The company stated, “The long-term outlook for global energy demand remains positive with rising demand for all types of energy including oil ...

Reports Q4 revenue C$468.17M vs. C$506.87M last year. “Through 2024 Precision demonstrated remarkable market resilience despite weaker than ...

The total North America rig count stands at 835, according to Baker Hughes' latest North America rotary rig count.

Top offshore driller Seadrill has been ordered by a Norwegian court to pay compensation to the owner of the deepwater rig ...