Drilling activity continued its upward climb, posting a fourth consecutive increase and hitting the highest level since June. Oilfield services firm Baker Hughes said Friday its U.S. rig count added ...

RIG designer Seatrium Offshore Technology, a wholly owned subsidiary of Seatrium, has secured a contract from shipyard ...

SEATRIUM’S offshore jack-up designer Seatrium Offshore Technology has won an international tender from International Maritime Industries, a shipyard in the Middle East and North Africa region, for the ...

Trillion Energy has started with the preparations to stimulate two wells at SASB gas field in an effort to enhance production ...

Baker Hughes said oil rigs rose by one to 480 this week, while gas rigs increased by two to 100. Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at ...

U.S. energy firms this week added oil and natural gas rigs for the first time in eight weeks ... That compared with a monthly record high of 117.8 Bcf/d in February 2024. Meanwhile, U.S. oilfield ...

U.S. energy firms this week added oil and natural gas rigs for the first time in eight weeks ... That compared with a monthly record high of 117.8 bcfd in February 2024. Meanwhile, U.S. oilfield ...

The world's worst offshore disaster was on the Piper Alpha rig in 1988 when 167 men died. Oil production has slowed in the past decade but new discoveries are still being made in the North Sea.

HOUSTON (Reuters) - Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become increasingly efficient and keep a cap on spending, according to oilfield ...

The number of oil rigs has dropped to its lowest since December 2021, according to oil service provider Baker Hughes. In the Permian basin, the top U.S. oilfield located in West Texas and eastern New ...