News

According to updated information provided by Guyana’s Maritime Administration Department (MARAD), ExxonMobil started drilling the Hamlet-1 prospect with the Stena Drilling drillship Stena Carron.
The share price of Borr Drilling Limited (NYSE:BORR) surged by 20.99% between June 5 and June 12, 2025, putting it among the Energy Stocks that Gained the Most This Week. Let’s shed some light ...
Operationally, ADNOC Drilling expects to exceed 148 rigs by 2026 and 151 rigs by 2028. Its 2025 revenue guidance stands at $4.6–$4.8 billion with EBITDA of $2.15–$2.3 billion.
Energy experts say President Trump's move to lift President Biden's oil drilling ban in Alaska's Arctic region supports economic growth and energy independence.
ADNOC Drilling Company PJSC announced, in a release sent to Rigzone on Thursday, that it has signed an agreement to acquire a 70 percent stake in SLB’s land drilling rigs business in Kuwait and ...
The Trump administration is proposing to restore the potential for oil and gas drilling on 13 million acres of government-owned Arctic land that had previously been restricted by the Biden ...
The share price of Borr Drilling Limited (NYSE:BORR) surged by 14.29% between May 22 and May 29, 2025, putting it among the Energy Stocks that Gained the Most This Week. Let’s shed some light on ...
Adnoc Drilling Company on Tuesday announced the award of a $1.15 billion, 15-year contract for two jack-up rigs by Adnoc Offshore in support of its growing offshore operations.
Ahead of golden year MANILA, Philippines — Lopez-led Energy Development Corp. (EDC) is digging deep into expansion this year as it intends to drill 19 new geothermal wells ahead of its golden ...
US President Donald Trump criticized the UK’s approach to taxing North Sea oil and gas, saying it discouraged drilling and raised energy prices. Britain should stop using “costly and unsightly ...
Adnoc Drilling has won a $806 million contract from compatriot Adnoc Offshore for three island rigs required at the state giant’s Zakum project.
Adnoc Drilling, the UAE’s leading drilling services provider, has clinched a $1.63 billion, five-year contract from Adnoc Offshore to deliver integrated drilling services (IDS).