Fourth quarter revenue of $1,341 million decreased 5% sequentially and 2% year-over-year; full year revenue of $5,513 million increased 7% from ...

The offshore drilling rigs market is growing due to rising energy demand, technological advancements, and deepwater ...

In a report released yesterday, Scott Gruber from Citi maintained a Hold rating on Valaris (VAL – Research Report), with a price target of ...

The 2025 Winter Drill Program is now underway and targeting 6,000 - 8,000 metres ("m") of diamond drilling using two drill rigs. The first drill hole of 2025 is an agg ...

Multi-element analyses now confirm high-grade silver also present in supergene zone, and also in primary gold-sulphide veins in association with elevated lead and zinc Expanded significant assays from ...

Rampant product commoditization throughout the oilfield-services industry will prevent ChampionX from developing and maintaining a competitive advantage. ChampionX holds a strong position in the ...

Following his participation in the Forum, Amin Al Nasser, President and CEO of Saudi Aramco, the state-owned oil company of KSA, announced agreements that included the expansion of local content and ...

KOC awarded Weatherford a Managed Pressure Drilling (“MPD”) services contract, focusing on improving operational efficiency, enhancing safety, accelerating well-delivery timelines, and ...

The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 586, Baker Hughes said in its latest weekly report.

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

The number of active rigs drilling for oil and gas in the U.S. rose by 6 to 582, Baker Hughes said in its latest weekly rig count.