Saudi Arabian oilfield services provider Arabian Drilling Company said it won multiple contracts from Aramco for ten additional land rigs. Arabian Drilling said the ten contracts awarded are for land ...

Retrofit existing drilling rigs with the new Red Zone Robotics (RZR) Rig Floor Module to automate the rig floor RZR increases safety and consistency with uncompromised performance Nabors' RZR equipped ...

S&P could lower Precision’s rating if funds from operations to debt approaches 45% with no clear path to improvement, while an upgrade could occur if the company increases scale while maintaining ...

DRILLING contractor GlobalSantaFe will exit the land drilling business through the planned sale of its land drilling assets to Canada's Precision Drilling for $316.5 million in cash. The two companies ...

Rising energy claims against a reducing premium base; and the increased cargo accumulation risk onboard vessels and in port continue to challenge marine insurers. Statistics released at the ...

Muscat – Abraj Energy Services, Oman’s leading oil and gas field services provider, has been awarded four contracts worth a ...

SLB (NYSE:SLB) 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 ...

There were 6 additional rigs drilling for oil this week in the US to end the week with 413. Oil-directed rigs in Canada increased by 5 units from a week ago.

Patterson-UTI Energy Inc., a drilling contractor based in Snyder, Tex., agreed to buy $100 million of rig components from National Oilwell Varco Inc. to build 15 land drilling rigs in 2007. HOUSTON, ...

ADNOC Drilling Company PJSC announced recently that it has signed a $75 million agreement for the purchase of six newbuild hybrid power land rigs. The rigs will progressively enter the fleet from the ...

DUBLIN--(BUSINESS WIRE)--The "Iran Rig Report "report has been added to ResearchAndMarkets.com's offering. Get a timely and comprehensive overview of the Iranian land/offshore rig activity and ...

San Antonio company Pioneer Drilling has added four land rigs to its fleet through two separate deals valued at $19 million. The contractor paid $7 million for the assets of United Drilling and U-D ...