Axxis Drilling has announced the addition of two barge rigs to their fleet. The Liberty is a 2000 HP posted barge rig capable of drilling to 25,000 feet. The Justice is a 3000 HP posted barge rig ...

HOUSTON, June 9 /PRNewswire-FirstCall/ -- Parker Drilling Company (NYSE: PKD) today announced that it has executed a definitive agreement with The Shell Petroleum ...

SAN FRANCISCO (MarketWatch) -- Todco said after the closing bell on Tuesday that it plans to reactivate three cold-stacked drilling rigs against term contracts from three independent oil and gas ...

One person has died and three people are missing after a swamp rig capized in Nigeria in the early hours of this morning. Seplat Energy, which chartered the Majestic drilling barge from Depthwise, ...

Trinidad Energy Services Income Trust has entered into an exclusive asset purchase agreement to acquire certain assets of Axxis Drilling. Trinidad Energy Services Income Trust, through an indirect, ...

On Thursday, when a seagoing barge arrived in the Arctic Ocean off Prudhoe Bay, Alaska, it carried a little piece of Kelso with it: A 1,400-ton oil drilling rig made piece by piece in Western ...

The Trinidad 139 will be a 1500 horsepower triple rig that can drill to 18,000 feet and is expected to cost about $18 million. It is already spoken for under a three-year take-or-pay contract with a ...

The vessel, imported at $20 million, contains a wide range of reusable components, from heavy-duty pumps to electrical systems. Its steel plates, rare in the local market, are particularly sought afte ...