News

Well 15/8-3 S will be drilled in production license 1137 by the Deepsea Atlantic semisubmersible drilling rig. Equinor Energy AS has been granted a permit by the Norwegian Offshore Directorate to ...
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 Trump administration is moving to repeal Biden-era curbs blocking oil drilling across most of the mammoth petroleum reserve in Alaska that’s home to an estimated 8.7 billion barrels of ...
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.
SlavkoSereda/iStock via Getty Images A slowdown in drilling activities in the Permian Basin should provide underlying support to crude oil prices, Goldman Sachs said in its most recent energy note ...
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.