News

Adnoc Drilling unveils its fleet expansion plans, aiming to grow its fleet to more than 148 rigs by 2026 and over 151 by 2028 ...
ADNOC Drilling has posted a strong start to 2025, reporting revenue of $886 million for the first quarter—an 18% increase ...
Arabian Gulf Business Insight on MSN21h
Adnoc Drilling to pay quarterly dividends
Adnoc Drilling, a subsidiary of state-backed oil major Adnoc, will begin paying quarterly dividends, starting with $217 million for the first quarter of 2025. This comes as the company reported a 24 ...
Revenue increases 32% year-on-year to $1.17 billion, EBITDA grows 22% to $533 million and net profit rises 24% to $341 ...
Shell, Reliance Industries (RIL) and the Oil and Natural Gas Corporation (ONGC) have completed the first offshore facilities ...
Valaris Ltd, the Bermuda-headquartered offshore drilling company, has agreed to sell its jack-up rig Valaris 247 to BW Energy ...
The project, with a capex-efficient approach, is expected to significantly boost BW Energy's net production by 2028.
Borr Drilling Limited’s BORR share price has surged by 7.06%, which has investors questioning if this is right time to sell.
Valaris has agreed to sell jack-up drilling rig VALARIS 247 to BW Energy for cash proceeds of approximately $108 million.The ...
The development project targets 123 million bbl of 2P reserves (management estimates), with potential additional resources from other reservoirs to be appraised along the ...
BW Energy has made a final investment decision (FID) for the Maromba development offshore Brazil, which will feature an ...
BW Energy makes FID on Maromba field development in Brazil BW Energy is pleased to announce the final investment decision (FID) for the Maromba development offshore Brazil based on a capex-efficient ...