The oil & gas industry faces some of the most-demanding machine design challenges for engineers, but the lessons learned are often transferable to other industries. This is especially true with motion ...

Offshore contract drilling services company Transocean Inc. said today it agreed to license its patented dual drilling oil rig design to Pride International. Under the agreement between two ...

Swedish equipment brand Sandvik announced a new battery electric surface drill rig in a bid to create more efficient, cost-effective drilling operations. And, yes – the irony here is delicious! In ...

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A new drilling rig put into service by the Houston company Nabors Industries recently completed its first well in the Permian Basin, drilling to a depth of nearly 20,000 feet. That might not seem like ...

Transocean Limited RIG, a leading offshore drilling contractor, announced a new assignment and a contract extension for two of its mobile offshore drilling units. The new contract was awarded by BP ...

Vietnam’s PV Drilling has informed that its jack-up rig PV DRILLING IX arrived to Vietnam, after completing a two-month ...

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 ...

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 ...

The Noble Jim Day dwarfed the small tugboats pushing the hulking offshore oil rig down the Corpus Christi Ship Channel and out into the Gulf of Mexico. The floating rig — one of the world’s largest at ...

HAMILTON, Bermuda, Dec. 8, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) ("Borr Drilling" or the "Company") has entered into an agreement to acquire five premium jack-up rigs from Noble ...