Trinidad Drilling Ltd. has purchased Victory Rig Equipment Corporation, a privately-held oilfield equipment fabrication company based in Red Deer, Alberta. Trinidad Drilling Ltd. has purchased Victory ...

Ensign Energy's wholly owned partnership, Ensign Drilling, has entered into an agreement for the acquisition of all of the drilling rigs and related equipment of Terracore Specialty Drilling Ltd.

Modern American Recycling Services, Inc. (M.A.R.S.) has acquired the DP3 diving support construction vessel “Caballo Marango” and will rename the vessel to 'Captain America.'"The acquisition of this ...

For Berkel, this was a medium-sized job, but the buildings that will eventually stand here are far from small. This final phase will accommodate the third high-rise in the massive complex. Berkel has ...

Sevan Marine has let a $240 million contract to Aker Solutions to provide two drilling equipment packages and possibly a third for deepwater drilling rigs that are under construction. LONDON, Aug. 28- ...

DICKINSON, N.D. -- When oil prices drop, rig workers winnow down and companies pull their drilling rigs into the Bakken's core, the discharged derricks and associated equipment have to go somewhere -- ...

West Neptune was contracted by LLOG Exploration, Sevan Louisiana by an undisclosed operator and Sonangol Quenguela’s contract ...

The Zacks Oil and Gas - Drilling industry is feeling the squeeze as shifting market dynamics challenge even the most seasoned players. Despite their vital role in energy development, the industry ...

PRIME Minister Dr. Mwigulu Nchemba has issued a firm directive to regional commissioners (RCs) and administrative officials ...