GlobalRigs is your go-to oilfield equipment supplier, offering premium oil and gas rig equipment to clients worldwide. As a leading industrial equipment supplier, we specialize in high-quality ...

Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy — including some strange sources being explored — is still a long way away.

Modern offshore oil rigs are engineering wonders designed to accommodate massive crews and operate in some of the most hostile environments on Earth. As the demand for oil drives exploration into ...

The golden era of excess is over. For oil drillers, the game is no longer about volume; it’s about surviving in a world where less gets priced like more. Years of underinvestment, geopolitical tension ...

North American drilling activity increased the week ended Sept. 5, with a total of 718 rotary rigs working in the US and Canada, Baker Hughes officials reported Friday. An increase in rigs in Canada ...

Oil companies offered $300 million for drilling rights in the Gulf of Mexico, marking the first of 30 planned sales under ...

WASHINGTON (AP) — The Trump administration announced on Thursday new oil drilling off the California and Florida coasts for the first time in decades, advancing a project that critics say could harm ...

The number of total oil and gas drilling rigs in the U.S. fell by 2 to 537, the lowest total since October 2021 and posting its 11th consecutive weekly decline, Baker Hughes reported Friday in its ...