Statoil is awarding Aker Solutions a contract today for hiring of an entirely new type of rig, which represents an important technological advance for the industry. The category B rig will represent ...
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Demand for jack up drilling rigs has pushed up day rates, with 17 newbuilds delivered in 2000-04 and 12 more under construction. Several new designs lead the way, including the Rowan/LeTourneau Tarzan ...
Even though more than 1,000 rigs are inactive in the US, drilling contractors are building new land rigs to satisfy operator demand for improved technology. In the case of Nabors Drilling USA LP, ...
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