Shijiazhuang, China] — Drillto, a prominent manufacturer of horizontal directional drilling (HDD) equipment, has successfully consolidated its position in the global HDD market with its robust product ...

U.S.-based classification ABS on Wednesday announced it is expanding its partnership with Singaporean shipbuilding group Seatrium to advance cutting-edge marine and technology projects that target ...

LONDON--(BUSINESS WIRE)--Technavio has been monitoring the mobile offshore drilling unit (MODU) market and it is poised to grow by USD 4.92 bn during 2019-2023, progressing at a CAGR of almost 9% ...

Designed with extensive customer input, the Ditch Witch JT2020 Mach 1 horizontal directional drilling (HDD) unit comes standard with turf- and asphalt-friendly rubber tracks, operator and pipeloader ...

Unit Corporation has delivered strong returns, driven by production growth and new investor interest, but now approaches fair value. Recent drilling reversed production declines, validating asset ...

The US drilling rig count decreased 11 units during the week ended Dec. 7, with the total number of rotary rigs reaching 1,800, Baker Hughes Inc. reported. This compares with 1,987 rigs working in the ...

The US drilling rig count lost 6 units during the week ended Nov. 30, with the total number of rotary rigs reaching 1,811, Baker Hughes Inc. reported. This compares with 1,993 rigs working in the ...

ADNOC Drilling, the unit of Abu Dhabi National Oil Company (ADNOC), intends to list at least 7.5 percent of its shares in an initial public offering that could become of the largest share sales in the ...

Offshore driller Stena Drilling has signed a contract with Nexen Petroleum U.K. Limited for the Stena Spey drilling rig. Stena said in a press release that the drilling campaign will last around 110 ...