The war in Iran has pushed global oil prices higher, which boosts oil company revenues. But major U.S. oil companies aren't ...
RIG stock has gained more than 61% this year. ・For Q1 2026, Wall Street analysts expect Transocean to post a 14% revenue growth. ・Earlier in April, Transocean announced new contracts and extensions ...
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ADNOC Drilling posts Q1 profit with no pause in Gulf orders
Order book expanding across the UAE as it plans independent oil strategy after Opec exit ...
Some of the biggest US shale-oil producers plan to slash about 4% of their drilling rigs by the end of the year, according to a survey from one of the largest providers of the equipment. The survey by ...
Oil supermajors are pivoting their strategy from prioritizing shareholder cash distributions and low-carbon ventures to focusing on growth, drilling, and expanding their oil and gas reserves. This ...
State-owned ONGC cancels multiple tenders for jack-up rigs, raising concerns about India's offshore drilling capacity and oil production stability.
July 24 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the 12th time in 13 weeks, energy services firm Baker Hughes (BKR.O), opens new tab said in its ...
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