Oil has rose sharply this year. Brent crude was $61.98 per barrel on Jan. 2 and $115.22 on Oct. 20. Offshore drilling demand ...

Rig arrives offshore Hainan island before being retooled for a shallow-water campaign in China Gain valuable insight into the global oil and gas industry's energy transition from ACCELERATE, the free ...

Borr Drilling is a leading contractor in the global energy market, specializing in modern jack-up rigs operating in water depths up to 400 feet. The company maintains a global footprint, with recent ...

Offshore drilling contractor gains attention amid shifting market leadership. Higher oil prices lift attention toward energy names. Focus stays on its offshore jack-up rig demand and execution. Borr ...

Offshore drilling contractor Seadrill has secured a series of contract awards and extensions for its deepwater fleet in Indonesia, Malaysia, Angola and the US Gulf of Mexico. The announcements cover ...

QUZHOU, ZHEJIANG, CHINA, October 15, 2026 /EINPresswire.com/ -- Quzhou Ontop Machinery Co., Ltd. is serving the global ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

Brazilian state-controlled oil giant Petrobras has unveiled the final results in its tender to contract up to two deep-water drilling rigs, with an unlikely participant emerging on top with a very ...

The total number of active drilling rigs for oil and gas in the United States held steady this week, according to new data that Baker Hughes published on Friday, following a 1-rig decrease in the week ...