Valaris Ltd, the Bermuda-headquartered offshore drilling company, has agreed to sell its jack-up rig Valaris 247 to BW Energy for approximately $108 million in cash. The sale is expected to close ...

ADNOC Drilling has secured a major $806 million contract from ADNOC Offshore for three new-generation island rigs to support the expansion of the offshore Zakum development, the company announced ...

The announcement Friday came after three Gulf Coast states asked the Trump administration to intervene. The Interior Department announced plans Friday to walk back changes under former President ...

Noble Corporation has secured a contract extension with Brazilian state-controlled oil company Petrobras for a drilling rig operating offshore Colombia. Petrobras has so far unlocked in place ...

Adnoc Drilling has won a $806 million contract from compatriot Adnoc Offshore for three island rigs required at the state giant’s Zakum project. The United Arab Emirates-based drilling giant on ...

Land-based drilling decreased by 6 units from a week ago to 567 rigs working. Offshore drilling decreased by 1 unit to 13 rigs working. Inland water drilling, at 3 rigs, was unchanged from a week ago.

Transocean Ltd. (NYSE:RIG) provides offshore contract ... safer and more efficient drilling operations. This includes handling over 1.5 million feet of drill pipe with zero personnel in hazardous ...

RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs. As of April 16, 2025, ...

ADNOC Drilling Company PJSC said it has received a letter of award for a $1.63 billion, five-year contract for integrated drilling services (IDS) from ADNOC Offshore ... a rig count of over ...

Drilling in the U.S. shale patch declined at the fastest pace in almost two years as mounting international trade tensions threaten to stifle energy demand. The number of U.S. rigs drilling for ...