China has launched a new ultradeep drilling campaign, aiming to unlock oil and gas resources from depths exceeding 8,000 ...

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

President Trump’s “Drill, baby, drill” initiatives may cause a demand spike for offshore drillers. Trump signed an executive ...

Q4 2024 Management View CEO Kevin Neveu highlighted the company’s shift in strategy, emphasizing a transition from debt reduction to growth investments and increased shareholder returns. He noted that ...

The total rig count rose by six rigs, to 582, according to Baker Hughes, down 37 from this same time last year.

The signing ceremony took place at the iktva Forum & Exhibition held in Dhahran Expo from 13-16 January 2025 ...

Petroleo Brasileiro SA has requested authorization from Brazil’s environment protection agency to prepare a drilling rig for work at a disputed offshore exploration project, a sign that the ...

Public sector giant plans to invest between $3 billion and $4 billion during ongoing financial year, mostly on offshore ...