Some small U.S. shale producers are putting the brakes on oil drilling as crude prices sink to multi-year lows and steep ...

The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the Gulf of Mexico, changes it expects ...

Chevron said it is considering drilling an exploration well in the Walvis Basin off the coast of Namibia in 2026 or 2027.

THE Tanzania Minerals Corporation (STAMICO), which oversees small-scale miners in the country, has been tasked with increasing the supply of drilling equipment (rig machines) to ensure miners have ...

We recently published a list of the 11 Most Promising Penny Stocks According to Analysts. In this article, we are going to ...

With the above developments, six rigs that were idle for part or the whole of 1Q25 are set to resume operations, laying the foundation for a significant improvement in utilisation, revenue and EBITDA ...

In contrast, on the production side, autonomous drilling equipment is now standard, ranging from remote control, tele-remote and semi to completely autonomous. Exploration drilling technology is ...

dividend strategy, targeting frequent cash distributions in a profitable market. To subscribe to Press releases from this issuer, visit the Subscription to Company news section in your account section ...

Borr Drilling ... jack-up rigs, marking significant fleet updates. In South East Asia, the Thor rig received a binding letter of award from Vietsovpetro in Vietnam for a three-well programme ...

The RC 100C COB LED Monolight with Battery Grip features a host of interesting features in a very compact, palm-sized body. The light features multiple control and power options. This version includes ...

The plan is to contract a jack-up drilling rig currently operating in the region for the Judith-2 well in Block Vic/P47 in the offshore Gippsland basin, which is a mature area made renown by the ...