NEW YORK, Dec 23 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes (BKR.O), opens new tab said in its closely ...

The total number of active drilling rigs for oil and gas in the United States rose by 3 this week, according to new data that Baker Hughes published on Tuesday, bringing the total rig count in the US ...

Malaysia’s Velesto Energy has agreed to sell for $63 million cash its jack-up drilling rig Naga 3 to Indonesia Drilling Energy. Following its acquisition by Indonesia Drilling, Naga 3 is slated for ...

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Velesto has entered into a sale and purchase agreement with PT Indonesia Drilling Energy for the sale of its jack-up drilling rig, NAGA 3, for a total cash consideration of $63 million. The divestment ...

Most of us are aware that China has a knack for manufacturing some very wild gear, and cheap, too. Some folks even make a living out of trying out Chinese gear and putting it to the test. Edwin Olding ...