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 ...

This week’s Current Climate newsletter also looks at the fuzzy prospects for Tesla’s electric Cybercab and using AI to ...

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 ...

A contentious issue that's been fought off several times over the decades, drilling off the Southwest Florida coast is not a ...

CALGARY, AB, Nov. 3, 2025 /CNW/ - STAMPEDE DRILLING INC. (TSXV: SDI) ("Stampede" or the "Corporation") is pleased to announce that it has successfully completed the sale of certain drilling components ...

Transocean Ltd. RIG has announced new contracts for its ultra-deepwater drillship and harsh-environment semisubmersible rigs, collectively adding about $89 million to its firm contract backlog. The ...

This will eventually make current production levels unsustainable," said Denzil West, CEO of Admiral Permian Resources, which produces about 25,000 bpd. THE ECONOMICS OF DRILLING ARE 'UPSIDE DOWN' ...

The world’s concerted push towards environmental sustainability often masks the green energy transition’s glacial pace, with ...

Exciting news from SED Energy!  Our GHTH rig is now operational with PTTEP, ensuring top-notch performance and safety.

The owner of the harsh-environment semisub Deepsea Bollsta is the Norwegian company Northern Ocean. Both companies announced ...

A four-mile borehole under the Straits of Mackinac is back on the table as a feasible option to replacing the controversial pipeline.