Shelf Drilling reminded its shareholders in its 2024 Annual Report of the bruising impact of Saudi Arabia's unexpected ...

Saudi operator has renewed the deal for one of the jack-ups owned by ADES, offering a contract renewal for the jack-up rig ...

March WTI crude oil (CLH25) Thursday closed down -0.82 ... and turned lower after President Trump said he would push Saudi Arabia and OPEC to reduce the price of crude. Crude prices Thursday ...

The Kansas Rig Count from Independent Oil and Gas Service shows five active ... compared to last year at this time. An official in Saudi Arabia says the kingdom is not providing logistical support ...

Saudi oil and gas drilling contractor ADES Holding has signed a 10-year contract renewal for one of its standard offshore jack-up rigs, which was among the suspended rigs previously operating in the ...

Saudi Arabia aims to capitalize on low U.S. tariffs to grow manufacturing and invest heavily in mining to boost non-oil ...

Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after ...

Saudi Arabia is pushing ahead with megaprojects such as The Line in Neom. The kingdom's economy is still heavily dependent on oil revenues, but prices have been sliding. A big decline in oil ...

The discoveries were made primarily in the Eastern Region and the vast Empty Quarter, with a mix of oil and gas reservoirs ...

Saudi Arabian oil giant Aramco has made a significant discovery of 14 new oil and natural gas fields and reservoirs within ...

SINGAPORE (Reuters) -Saudi Arabia, the world's top oil exporter, on Sunday slashed its prices for Asian buyers to close to their lowest level in four years, adding to speculation it is seeking to ...