Offshore drilling powerhouse Seadrill has significantly bolstered its financial outlook, reporting a substantial increase in its contract backlog during the…
Browsing: Rig
By Julianne Geiger – May 08, 2026, 12:31 PM CDT The latest data on U.S. drilling operations reveals a nuanced…
North American Drilling Activity Sees Modest Contraction Amidst Canadian Downturn The latest drilling data reveals a slight overall reduction in…
North American Rig Activity: A Cautious Rebound Amidst Soaring Prices The latest Baker Hughes North American rotary rig count, released…
Valeura Energy is making a definitive statement about its long-term strategy in the Gulf of Thailand, cementing a multi-year operational…
The strategic alliance between ABL and Petroleum Marine Services (PMS) to bolster offshore rig support and marine assurance in Egypt…
By OilMarketCap.com Staff – April 17, 2026 U.S. Drilling Activity Retreats as Geopolitical Flare-Up Slams Oil Prices The latest market…
Transocean, a titan in the offshore drilling sector, has significantly strengthened its financial outlook and market position with a substantial…
Transocean’s recent contract extension with Brazil’s state-controlled energy giant, Petrobras, for the ultra-deepwater drillship Deepwater Corcovado is more than just…
The offshore drilling sector is signaling robust demand, a sentiment unequivocally reinforced by Constellation Oil Services’ latest strategic maneuvers in…