NEW YORK, Sept. 29, 2025 /PRNewswire/ -- According to a new comprehensive report from The Insight Partners, the global oilfield service equipment market is observing significant growth owing to ...

The collapse of deepwater drilling in the Gulf of Mexico, (GoM) beginning in 2014, with no real recovery yet in sight, has spread a lot of misery around the oilfield. Nowhere is that more evident than ...

Previously in this package: How to jumpstart a career trucking in oilfield services Louisiana-based small fleet owner John McGee said the gravel on lease roads wears tires down much faster than ...

OILFIELD SERVICE companies, like exploration and production companies, have been battered by the industry downturn, offering deep concessions to customers to stay afloat. Some didn't manage. One ...

That’s oil business for you. Craig B. Smith, PhD, is a former faculty member in the UCLA School of Engineering. During his ...

Malaysia's deepwater Gumusut-Kakap oilfield off the coast of Sabah is currently undergoing an unplanned maintenance exercise, Petronas said on Thursday. SINGAPORE, Jan 13 (Reuters) - Malaysia's ...

It’s happy days again for the U.S. oil industry with benchmark West Texas Intermediate (WTI) prices trading over $70 a barrel and domestic producers on pace to post record free cash flow this year.

Oil explorers and producers are becoming increasingly conservative in spending capital as oil has entered the bearish territory. With lower investments in drilling wells by upstream firms, oilfield ...