Adnoc Drilling has won two offshore jack-up rig deals worth a combined $1.15 billion for 15 years from compatriot Adnoc Offshore. The jack-up deals will bring in “accretive rates that generate ...

Currently, the most advanced deepwater rigs — those of ultra-deepwater drillships — can drill down to 40,000 feet, or roughly 7.5 miles, below the ocean floor. But along with the immense ...

The company noted that, through this partnership, it will gain immediate access to earnings, cashflow, and returns through two operating land drilling rigs in Kuwait and six in Oman ...

This is the moment a storm quickly descended on a drilling rig in Mentone, Texas on May 4. The clouds darkened as high winds kicked up the dust in the area and hail began falling on the work site.

The US drilling rig count decreased 3 units to reach 563 rigs working. Canada's count decreased by 2 units. The US drilling rig count decreased 3 units to reach 563 rigs working for the week ended ...

ADNOC Drilling has 47 offshore rigs, one of the largest operational offshore fleets in the world. ADNOC Drilling has been awarded a US$1.15 billion, 15-year contract for two AI-powered and automated ...

said Thursday that ADNOC Drilling agreed to acquire a 70% stake in its land drilling rigs business in Kuwait and Oman for as much as $112M, creating a joint venture the companies aim to double ...

Adnoc Drilling Company on Tuesday announced the award of a $1.15 billion, 15-year contract for two jack-up rigs by Adnoc Offshore in support of its growing offshore operations. The contract will ...

HOUSTON, TX / ACCESS Newswire / June 5, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of May 2025, the Company had an average of 103 drilling rigs operating in ...

This long-term agreement strengthens ADNOC Drilling’s role in supporting the UAE’s energy strategy and delivering sustained shareholder value. The rigs will be equipped with artificial ...

ADNOC Drilling Company announced today the award of a $1.15 billion, 15-year contract for two jack-up rigs by ADNOC Offshore in support of its growing offshore operations. The contract will follow ...