News

The number of total oil and gas drilling rigs in the US fell for the seventh consecutive week, down by 4 to 555 to the lowest count since November 2021, Baker Hughes reported.
Sable Offshore Corp. has restarted offshore oil production 10 years after the operation was shuttered following a major oil spill along Santa Barbara's coast.
ONGC currently has 113 drilling rigs, including 38 offshore rigs with more being added. It also has about 90 workover rigs. The company owns about a fifth of the drilling rigs it currently uses ...
Workers were evacuated from a rig in the North Sea after it was struck by an offshore supply vessel. UK oil and gas operator Harbour Energy said that a collision took place on Sunday night when ...
Nabors, an oil, natural gas, and geothermal drilling contractor based in Bermuda provides drilling technology and equipment, offshore platform workover and drilling rigs, and comprehensive ...
Petro-Victory Energy has provided an update on the workover campaign to increase oil production in the 100% owned São João field in the Barreirinhas Basin in Maranhão, Brazil. On February 27th, 2024, ...
Archer will provide well interventions for regulatory requirements, workover and drilling operations, well maintenance, and drilling infrastructure engineering. Platform drilling services are set ...
global offshore platform status, and competitive productivity rate. The report has supplied important information on the active rigs as detailed by its contract, the drilling and workover activities.
Workover rigs are preferred in onshore and offshore applications. They provide high mobility, which allows companies to move them across oilfields. The stability in oil prices is expected to increase ...
For both onshore and offshore applications, workover rigs are preferred. They offer high mobility, enabling businesses to move them between oilfields. Because production activities are expected to ...