International Maritime Industries (IMI), a maritime construction and repair company and the largest maritime facility in the Mena region, has commenced construction of a new offshore jack-up rig ...

ARO Drilling, a joint venture between Aramco and Valaris, and International Maritime Industries (IMI) have signed an agreement to build a new jack-up drilling rig, Kingdom 3, which will be the first ...

International Maritime Industries (IMI) and Aramco Rowan Offshore Drilling (ARO Drilling) have officially launched the construction of the Kingdom 3, a jack-up offshore drilling rig, according to ...

Baker Hughes (BKR) reports that the U.S. rig count is up 2 from last week to 588 with oil rigs up 1 to 481, gas rigs up 1 to 101 and miscellaneous rigs up unchanged at 6. The U.S. Rig Count is ...

The rig count in the Permian Basin was up one this week, the latest count Friday by Baker Hughes shows, with 304 rigs active in the region. A year ago, 312 rigs were active in the region.

the fastest-growing drilling company globally integrated 23 new rigs into operations to reach 142 owned rigs. This includes two jack-up rigs set to join in the first half of 2025. There was strong ...

Rigs in the Eagle Ford are now 4 below where they were this time last year. Oil prices were trading up on Friday before the data release. At 12:45 a.m., ET, the WTI benchmark was trading down $0. ...

Canada dropped 4 units to end the week with 245 rigs working. The count is up 11 units from the same period in 2024. Oil-directed rigs decreased by 3 units to 174. The count is up by 30 from this ...

13:01 EST Baker Hughes (BKR) reports U.S. rig count up 2 to 588 rigs Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed ...

- Number of US oil rigs down by 19 compared to one year ago ...