Offshore drilling company expands fleet capabilities across complex deepwater projects globally; Brokerage coverage reflects mixed sentiment across offshore energy ser ...

Borr Drilling Limited (NYSE: BORR) (Euronext Growth Oslo: BORR) ("Borr Drilling" or the "Company") today provided an operational update following recent hostilities in the Arabian Gulf, where the ...

The Drilling Rig Market is poised to grow from USD 86.92 billion in 2025 to USD 140.75 billion by 2033, recording a CAGR of 6 ...

ADNOC Drilling Company PJSC has secured a $733 million contract from ADNOC Offshore for three island drilling rigs to support operations at the Zakum field offshore Abu Dhabi. The contract award will ...

ADNOC Drilling confirms operations remain stable with no financial or business impact from recent regional developments in the Gulf ...

Rig owner Borr Drilling has paused operations on three rigs in the Gulf while another operated by a customer was evacuated following an incident.

Odfjell Drilling will manage the rig on behalf of SFL as part of the contract.

President Trump is asserting executive authority to demand California restart controversial offshore oil drilling along its ...

Borr Drilling (BORR) -3.9% pre-market Monday after saying it has placed three jack-up rigs operating in the Persian Gulf on standby, while another rig operated by a customer was shut down and ...

Forbes contributors publish independent expert analyses and insights. Ian writes on fossil energies, climate, and transition to renewables. Success in the shale revolution was so dramatic that oil ...

Petrolifera signed a LOI with Petrex S.A whereby Petrex has agreed to provide a heli-transportable drilling rig for a 24-month period from commencement of well operations in Colombia with an option ...

The Nigeria Upstream Petroleum Regulatory Authority (NUPRC) has confirmed that search and rescue operations of Personnel on Board (POB) of Seplat Energy’s capsised drilling rig in Delta have started ...