Nabors Industries has suspended its drilling activity in Russia following the expansion of US sanctions on the nation, the ...

Aramco in April 2024 suspended multiple jack-up rig contracts with at least six leading ... s decision to pause the further expansion of its oil production capacity. However, the Saudi operator ...

US tariffs have disrupted global oilfield supply chains, leading to increased costs and prompting shifts in sourcing ...

The US has rolled out a portfolio of tariffs, but the most impactful to oil and ... Saudi Aramco is also increasing the utilization of this model, with 14% of active rigs currently operating ...

Oil markets are fundamentally risk-avid and react obsessively in times of geopolitical unrest, ignoring other factors.

Saudi Arabia is expected to have a record 140 oil and gas rigs by the end of the year, industry sources said. “Aramco is following an ambitious programme to add rigs to accelerate field developm ...

China Oilfield Services combines global diversification, CNOOC affiliation, and strong fundamentals with a 4.1% yield. Find ...

Donald Trump’s trade war scared the entire world and drove the price of oil to a record low level. A barrel promises to ...

In Saudi Arabia, the joint venture with Aramco (“SANAD”) is expected ... especially in response to rising oil prices, could lead to increased rig demand. NBR, with its strong portfolio of ...

Velesto is a Malaysia-based multinational provider of services for the upstream sector of the oil ... rig remains strong with the ongoing tenders sufficient to absorb rigs. In April, Saudi Aramco ...

This renewal reaffirms Lamprell’s technical and operational expertise and solidifies its role as a key partner ...