The Doyon 26 rig, which is nicknamed “The Beast,” set a long-distance drilling record in Alaska in 2022 and was hailed as the ...

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 ...

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 ...

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 ...

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 ...

San Antonio company Pioneer Drilling has added four land rigs to its fleet through two separate deals valued at $19 million. The contractor paid $7 million for the assets of United Drilling and U-D ...

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 ...