DubaiArabian Drilling and Shelf Drilling have signed a memorandum of understanding to establish a strategic alliance aimed at enhancing their international offshore drilling capabilities. This ...

Arabian Drilling will gain access to the UAE-based firm’s extensive international operating platform and diverse customer ...

Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) today announced several fleet rationalization actions and issued a ...

Bermuda-based drilling contractor Valaris has decided to retire three semi-submersible rigs from its global fleet and focus on high-specification units. Valaris on Tuesday confirmed that the semisubs ...

Transocean Ltd. (NYSE: RIG), which has its U.S. headquarters in Houston, has named a new CEO for the first time in a decade.

Transocean Ltd. (NYSE: RIG) today announced its plan for key leadership changes pursuant to the company's multi-year succession planning strategy. As part of this plan, Keelan Adamson, the company's ...

Aramco cancelled multiple offshore rig contracts last year, leading to a decline in jack-up day rates and prompting domestic ...

Under the alliance, Arabian Drilling will gain access to Shelf Drilling's extensive international operating platform and ...

BISMARCK – North Dakota produced 1.191 million barrels of oil in December, according to the most recent oil and gas production numbers. Nathan Anderson, director of the North Dakota Department of ...

China has completed what it says is the world’s first floating production, storage, and offloading (FPSO) vessel equipped ...

As President Trump is promising to "unleash" oil and gas production, employees in that industry are wondering if that'll mean ...

Brock Yordy, a co-founder of the Geothermal Drillers Association, says the industry needs more drillers for geothermal ...