The Norwegian owners of two state-of-the-art deepwater drilling rigs are working hard to secure new contracts for the units which are currently unemployed despite their excellent track records and ...

Clean Rig Power is launching its patented battery-powered well service rig. “It is a traditional well servicing rig with all the capabilities but powered by batteries. That gives more control of the ...

US oil and gas drilling rig activity increased this week with the addition of 7 rigs, bringing the total working rigs to 549. This week’s count, however, is down 38 rigs from the comparable period a ...