Crude prices fell to a two-month low, weakened by rising oil supplies and concerns over demand. Prices posted a fifth consecutive weekly loss, the first such losing streak in a year. West Texas ...

U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row to the highest level since June, energy ...

Tenaris aims to optimize its supply chain through the expansion of Rig Direct, a just-in-time inventory-management program that maximizes production efficiency through improved demand planning.

Saudi Arabia will open an investment office in Miami, after the kingdom’s de-facto ruler pledged to boost US investment.

It is 70 years since Seatrium designed and built the world's first independent leg jack-up drilling rig, and it has designed ...

Saudi Arabian Oil Co. (Aramco) has signed agreements to buy a 25 percent stake in retail network operator Unioil Petroleum ...

ADNOC Drilling Company has reported its highest-ever financial results for the year ending December 31, 2024, highlighting ...

Singapore shipyard group Seatrium has secured a tender from Saudi shipyard International Maritime Industries (IMI) to supply ...

Seatrium has won a jack-up rig contract from Saudi Arabia-based International Maritime Industries. The contract value was not disclosed. It was won via Seatrium Offshore Technology, the offshore ...

RIG designer Seatrium Offshore Technology, a wholly owned subsidiary of Seatrium, has secured a contract from shipyard ...

The suit, filed in Alaska, is likely to be the first of many challenging the administration’s goal of expanding fossil fuel ...

Offshore drilling company Valaris has decided to retire three semi-submersible drilling rigs from its fleet as part of its ...