Drilling in its broadest sense is any process that involves making a circular hole in a solid material or hard surface using a boring tool. With thousands of applications across industries, drilling ...

Allied Market Research published a report, titled, "Horizontal Directional Drilling Market by Parts (Rigs, Pipes, Bits, Reamers), by Application (Onshore, Offshore), by End Use (Oil and Gas Extraction ...

July 18 (Reuters) - Contract drilling company Helmerich & Payne Inc. said its unit and Southeast Texas Industrial Services Inc. entered into a contract for the assembly of drilling-rig components.

A German engineering and fabrication firm has designed new AC drawworks suitable for Arctic drilling conditions. Bentec GMBH Drilling & Oilfield Systems, based in Bad Bentheim, finished the prototype ...

Some of the newest European rig designs feature highly automated integrated systems that are more efficient and safer than traditional rigs, and can be operated with fewer workers. Streamlining the ...

Transocean is positioned as a structural beneficiary of a secular offshore drilling upcycle, driven by deep supply-demand imbalances. See why RIG stock is a Buy.

Sandvik will launch its new Ranger DX1010i drill rig at CONEXPO-CON/AGG 2026 in Las Vegas, Nevada. The trade show takes place ...

Offshore drilling company expands fleet capabilities across complex deepwater projects globally; Brokerage coverage reflects mixed sentiment across offshore energy ser ...