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 ...

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

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 ...

Morgan Stanley increased its price target for Helmerich & Payne, Inc. (NYSE:HP) from $25 to $29 but kept an “Equal-Weight” rating. The firm’s analysts changed their estimates for the company’s revenue ...

The Business Research Company’s Offshore Drilling Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, May 20, 2025 /EINPresswire.com/ -- The ...

Nabors Industries makes investments in automated drilling, and may receive significant revenue growth. Read why I rate NBR ...

Canadian independent Valeura Energy has taken the final investment on the US$120 million redevelopment of its Wassana oilfield offshore Thailand ... trend in jack-up drilling rig rates and ...