The Company also has received the commitment of a long-standing customer to execute a three-year drilling contract upon the rig's delivery, which is expected in June 2008. The cost of the rig ...

WW Energy Inc. subsidiary WW Oil and Gas Inc. has purchased a drill rig that it plans to use for drilling and re-working its oil and gas assets. WW Energy Inc. subsidiary WW Oil and Gas Inc.

Transocean Ltd.’s RIG semi-submersible drilling rig, Transocean Barents, is making its way to the Neptun Deep project for a 10-well drilling mission, marking a significant phase in Romania’s ...

The offshore drilling rig market is facing a challenging 2025 as dayrates continue to soften amid sluggish demand, but a potential 2026 recovery driven by tighter rig supply and rising offshore ...

Upstream reported in January that Constellation was the low bidder in a Petrobras tender for the charter of a jack-up drilling rig to carry out plugging and abandonment work on offshore wells in ...

The US drilling rig count dropped 1 unit to reach 592 rigs working for the week, according to Baker Hughes data. The US drilling rig count dropped 1 unit to reach 592 rigs working for the week ...