Petrobras let contracts to EBS Perfurações and Conterp for new drilling rigs to expand onshore oil and gas production in Brazil's state of Bahia.

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday ...

The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 586, Baker Hughes said in its latest weekly report.

Public sector giant plans to invest between $3 billion and $4 billion during ongoing financial year, mostly on offshore ...

Most of the rigs had been abandoned at Keppel's yard by their owners. Keppel was the most celebrated builder and designer of ...

The rig’s return will enable the drilling of new wells at the Zohr field using advanced deepwater technology. These efforts aim to quickly add new production volumes once drilling operations are compl ...

Baker Hughes reports a rise in US drilling activity, with the rig count increasing by four to 586, marking a second consecutive weekly gain.

President Trump’s “Drill, baby, drill” initiatives may cause a demand spike for offshore drillers. Trump signed an executive ...

Sara Vance and Roxanne Groff, members of the pro-environmental organization, said the incident at Salt Fork is “not out of ...

The full depth of the show hasn’t been accessible to humans — imagine a faint AM radio signal from a distant station. Now, ...

Cold weather in Europe turns the natural gas market on its ear, raising prices to the point that crude oil is becoming more ...