Rising energy claims against a reducing premium base; and the increased cargo accumulation risk onboard vessels and in port continue to challenge marine insurers. Statistics released at the ...

Saudi Arabian oilfield services provider Arabian Drilling Company said it won multiple contracts from Aramco for ten additional land rigs. Arabian Drilling said the ten contracts awarded are for land ...

Parker Drilling was awarded new contracts for three land rigs to subsidiaries operating in Mexico and Kazakhstan. Parker Drilling was awarded new contracts for three land rigs to subsidiaries ...

Baker Hughes' rig count has increased by 24 since the beginning of the year. The largest propotion of that rise, 16, are land rigs. Dayrates for land rigs have surged above 1997 levels and are at or ...

DRILLING contractor GlobalSantaFe will exit the land drilling business through the planned sale of its land drilling assets to Canada's Precision Drilling for $316.5 million in cash. The two companies ...

BANGALORE, Aug 3 (Reuters) - Contract driller Rowan Cos Inc reported a quarterly profit that beat analysts' estimates, backed by strong land rig utilization, and said clients were shifting capital ...

Designed for manual rig environments, the technology is already making an impact in North Latin America — with potential to enhance safety across global land rigs where modern systems are still ...

HOUSTON, Aug. 29-- Patterson-UTI Energy Inc., a drilling contractor based in Snyder, Tex., agreed to buy $100 million of rig components from National Oilwell Varco Inc. to build 15 land drilling rigs ...

Canada’s rig count increased by 29 units to reach 226 rigs running the week ended Jan. 16. The rise follows last week’s ...