Transocean Ltd. RIG, the world’s largest offshore drilling contractor and leading provider of drilling management services, has been awarded two separate drilling contracts, worth $382 million, by the ...
The Zacks Oil and Gas - Drilling industry consists of companies that provide rigs (or specialized vehicles) on a contractual basis to explore and develop oil and gas. These operators offer drilling ...
Like it or not, the world is moving toward automation. The drilling industry is no exception. The last two decades have seen numerous advances in mechanization and automation of traditionally ...
SAN ANTONIO, Sept. 5 /PRNewswire-FirstCall/ -- Pioneer Drilling Company (Amex: PDC) today reported that the ninth rig of its 16 rig new-build program has commenced ...
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How Deep Can Offshore Oil Rigs Drill?
Modern offshore oil rigs are engineering wonders designed to accommodate massive crews and operate in some of the most hostile environments on Earth. As the demand for oil drives exploration into ...
China's Honghua Group, a leading global land drilling rig manufacturer under the Dongfang Electric Corporation, delivered the domestically developed 12,000-meter intelligent deep drilling rig in ...
Rig giant Seadrill has filed for voluntary Chapter 11 bankruptcy protection in the US for a handful of its wholly owned subsidiaries. The rig owner on Sunday filed Chapter 11 cases as “a protective ...
Statoil ASA secured two rigs for exploratory drilling in Algeria. Separate contracts, with a combined value of $32 million, are with Nabors Drilling International Ltd. and Algeria's Entreprise ...
Some 368 horizontal drilling rigs are in operation in Texas, and more than half of them belong to three drilling companies. In figures exclusively provided to the Houston Chronicle, the Austin ...
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