DeWalt is a well-known brand in the tool industry, and while some are expensive, others, are underrated and should definitely ...

Oil Well Cement Market sees steady growth driven by rising drilling activities and increasing energy demand across global regions.

With the above developments, six rigs that were idle for part or the whole of 1Q25 are set to resume operations, laying the foundation for a significant improvement in utilisation, revenue and EBITDA ...

A rotary head supplying 4,500-lb.-ft. torque and a high volume of flushing air (862 cfm at 350 psi) powers the rig for drilling holes up to 6.5-in.-diameter in a wide range of rock conditions.

Baker Hughes, which has issued rotary rig counts since 1944, describes the figures as an important business barometer for the drilling industry and its suppliers. The company notes that working ...

Borr Drilling has secured new contract commitments for three of its premium jack-up rigs, marking significant fleet updates. In South East Asia, the Thor rig received a binding letter of award ...

Offshore drilling contractor Borr Drilling has secured new contract commitments for three of its premium jack-up rigs, with other rigs in its fleet also preparing for drilling jobs across the world.

Lime Petroleum signed a contract with Borr Gerd Limited for the Gerd jackup rig, which will be used for a 120-day drilling campaign in Benin. The Sèmè Field in Benin is operated by Akrake, which holds ...

Detailed price information for Southern Cross Gold Consolidated Ltd (SXGC-X) from The Globe and Mail including charting and trades.

Rex International’s 80.14% subsidiary, Lime Petroleum Holdings, has signed a contract with Borr Gerd for a modern-built jack-up rig, which will be used for a 120-day drilling campaign in Benin, a ...

The number of active rigs drilling for oil and gas in the U.S. fell by 1 to 592, their first decline in three weeks, Baker Hughes said Friday in its latest report. The decline reduces the total ...

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 ...