The deepest offshore oil well was over 35,000 feet by the Deepwater Horizon, and the Maersk Voyager operated in the deepest ...

Helmerich & Payne is undervalued due to macro headwinds, integration costs, and Saudi rig suspensions. Click here to read an ...

The key hurdle is that conventional drilling technology cannot reach these extreme depths. This is precisely the problem that ...

BP has hired Noble Corporation’s Noble Innovator jack-up rig for a drilling job related to carbon capture and storage (CCS) ...

We raise our fair value estimate for Tenaris' ADS to $39 from $38 previously due to both assumed repurchases of modestly undervalued shares ($1.2 billion share authorization in May 2025) and the time ...

Transocean's revenue and rig utilization are improving, but shrinking backlog and rising net debt remain significant concerns ...

ADNOC Drilling Company announced today the award of a $1.15 billion, 15-year contract for two jack-up rigs by ADNOC Offshore ...

The contract, by ADNOC Offshore, to use advanced jack-up rigs built in Sharjah and equipped with AI and digitalisation capabilities ...

Adnoc Drilling Company has received a $1.15-billion, 15-year contract for two jack-up rigs from Adnoc Offshore in support of ...

Brazil’s environmental agency, IBAMA, approved a key step that could soon allow Petrobras, the nation’s state oil company, to ...