Exxon is spending $14 billion to develop a huge new oil field in the Canadian North Atlantic. Some want Atlantic offshore drilling in the United States too.

Drilling activity snapped a 12-week losing streak, powered higher by a surge in natural gas activity. Oilfield services firm ...

The PBPA says the Basin’s increased rig count was driven by ExxonMobil with 37 rigs at work here and across the nation along with Occidental Petroleum and ConocoPhillips with 29 rigs each on Oct. 8.

--Nabors Industries Ltd., a leading provider of advanced technology for the global energy industry, today announced its PACE ®- R801– the world's first fully automated land drilling rig– has ...

Jesse Chando, Permian Basin Drilling Manager at ExxonMobil, said: "Retrofitted automation capabilities, like what the RZR Rig Floor offers, are an efficient way to support safer operations ...

The 230-foot-tall Yastreb rig on the Chayvo project, operated by Houston-based Parker Drilling, also holds a title — the world's most powerful land drilling rig. Advertisement Article continues ...

Meantime the Valaris DS-9 drilling rig will now move to Block 10 to carry out exploration drilling at the Pegasus-1 well site, again for the consortium of ExxonMobil and QatarEnergy.

Two of Exxon's four drillships went back to work, according to data published Friday by Baker Hughes Co. (Bloomberg) -- Exxon Mobil Corp. resumed drilling in Guyana last month, underscoring its ...

An ordinary, long-scheduled journey of an oil drilling rig into Arctic waters is turning into a major political exercise, attracting international scrutiny and creating a dilemma for ExxonMobil.

Another Stena Drilling drillship – Stena Carron – is currently drilling the Bulletwood-1 wildcat in the Canje block in about 2800 metres of water. The rig is chartered until July 2021.

Energy Minister George Papanastasiou on Thursday visited the rig which recently completed drilling a well in Block 10 of the island’s exclusive zone.In a statement, the energy ministry said that ...