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 ...

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 ...

SLB (NYSE:SLB) said Thursday that ADNOC Drilling agreed to acquire a 70% stake in its land drilling rigs business in Kuwait and Oman for as much as $112M, creating a joint venture the companies aim to ...

The contractor has explored the potential divestment of LeTourneau in the past, most recently as a result of pressure from large shareholders within the company who believed the full value of the ...

SAN ANTONIO, Sept. 5 /PRNewswire-FirstCall/ -- Pioneer Drilling Company (Amex: PDC) today reported that the ninth rig of its 16 rig new-build program has commenced ...

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 ...

Honghua Group (DE:4HB) has released an update. Honghua Group Limited has announced that its subsidiary, Sichuan Honghua Petroleum Equipment Co., Ltd., has secured a significant contract for RMB400 ...

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 ...

HOUSTON, TEXAS / ACCESS Newswire / February 6, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of January 2026, the Company had an average of 94 drilling rigs ...

The Zacks Oil and Gas - Drilling industry consists of companies that provide rigs (or specialized vehicles) on a contractual basis to explore and develop oil and gas. These operators offer drilling ...