Key market opportunities in the Saudi Arabia drilling rigs market include the integration of advanced technologies like IoT and AI, driven by megaprojects such as NEOM, fostering increased demand for ...

The current decade will be dominated by structural inflation and higher commodity prices. Oil and gas drillers will benefit significantly from those dynamics. Seadrill is well-positioned to take ...

So far in 2025, Armada has deployed its Edge containerized data centers with Tampnet for offshore oil rigs, the US Navy in ...

Improperly decommissioned or maintained oil rigs can pose significant environmental risks, including potential oil and gas leaks. Abandoned oil rigs are increasingly being recognized for their value ...

The plan quickly brought opposition from Florida Gov. Ron DeSantis, as well as other state leaders and environmental groups. ...

The tallies from Baker Hughes this week increased three oil rigs, and dropped by three gas rigs, for a total of 549 active ...

At the heart of the U.S. shale industry in Texas, oil production is climbing. But you wouldn’t know that if you talked to ...

Oklahoma City will be host to part of the largest oil rig sale in U.S. history next month. Odessa, Texas-based Kruse Energy and Equipment Auctioneers LLC is staging the sale over six days in three ...

(Reuters) - A combination of oil and gas innovations and well-site cost cuts is rendering the long-vaunted U.S. rig count a less important oilfield indicator than the number of holes in the ground. So ...

Rig manufacturers face dim prospects for equipment orders until mid-2004 because rig counts remain well below levels to drive profitable newbuilds, said Smith Barney, a unit of Citigroup Global ...

For many years, oil analysis has been a crucial tool for routine maintenance and cost prevention on oil rigs. Equipment failures on these rigs pose significant safety risks and can lead to missed ...