Drilling Rig News Monitoring

Kuwait’s Action Energy secures expanded financing for drilling rig fleet

Kuwait-listed Action Energy Company said on Sunday that it has secured new and renewed banking facilities from local lenders to support expansion of its drilling rig fleet. The company disclosed two new financing facilities from Kuwait International Bank ( …

Kuwaiti oil services company secures credit facility

Action Energy Company is expanding its fleet of drilling rigs The Kuwaiti drilling and oilfield services provider Action Energy Company (AEC) has secured a new credit facility and renewed and expanded an existing facility in order to support the company’s …

Abraj expands service portfolio with new contracts

MUSCAT: Abraj Energy Services has strengthened its presence in Oman’s energy sector through a series of strategic agreements and new contracts announced during its participation in Oman Sustainability Week 2026 and the Oman Petroleum & Energy …

Rig count gains in Oklahoma

The nation’s number of active oil and gas rigs increased in the past week and Oklahoma saw a gain as well, according to the latest Rig Count released by the Baker Hughes Co. The US count rose by 3 to reach 551 rigs while Oklahoma’s total grew by one to hit …

Kuwait continues to deploy oil drilling rigs

Revenues have increased for the oilfield services provider Action Energy Company Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on project …

More North Sea drilling ops on Eni and ONE-Dyas’ Dutch agenda

The Netherlands-based exploration and production player ONE-Dyas and Italy’s energy giant Eni are expected to undertake more offshore drilling activities in the Dutch sector of the North Sea before the year ends. N05-A platform in the North Sea; Source: …

Failed Simba-M1 deal could pose setback to Keppel, lead to more cost pressures for telcos

SINGAPORE - Singapore’s telco operators will likely face further cost pressures in the near term, after the Infocomm Media Development Authority (IMDA) on May 18 suspended its review of a proposed merger between M1 and Simba. The failed merger of M1 and …

In Texas, high schools bet on a bright future for oil and gas careers under Trump

Get important education news and analysis delivered straight to your inbox MIDLAND, Texas — Dylan Ruiz sat in front of a nearly 6-foot-tall structure, a jumble of pumps and valves that simulate the flow of liquids and pressure changes. He was working …

ADES’ 2014-built rig turns one-year North Sea gig into three-year drilling job

ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has secured a long-term extension for a drilling assignment its 12-year-old jack-up rig is undertaking in the Dutch sector of the North Sea. Shelf Drilling Winner jack-up rig; …

Oxpeckers lifts the veil of secrecy from Botswana’s flagship gas project

After months of tense discussions with authorities, Oxpeckers journalist Sello Motseta finally gets to see the environmental plan for Botala Energy’s coal bed methane project near Serowe This is how it works: Sello Motseta (left) interviews Botala Energy …

Velesto lands Hibiscus drilling deal in first asset-light rig move

Malaysia’s Velesto Energy has moved into an asset-light operating model for the first time after securing a drilling contract from Hibiscus Oil & Gas Malaysia using a third-party jackup rig. The contract was awarded to Velesto’s drilling arm, Velesto …

Drone sightings reported near North Sea drilling rigs

"In the interim, we have developed in collaboration with the police and Department for Energy Security and Net Zero guidance for offshore installations that details what to look out for, what information to gather and who to report it to when events …

Energy prices help lift Canadian manufacturing sales in March

Open this photo in gallery:An oil drilling rig operates surrounded by canola and hay fields near Cremona, Alta., in 2021.Jeff McIntosh/The Canadian Press Statistics Canada says manufacturing sales rose 3 per cent in March to $73.6-billion, the highest …

Love of the oilfield helped Ken Cugnet become a Southeast Legend

Note: The Saskatchewan Oil and Gas Show in Weyburn recognizes Southeast Saskatchewan Legends at every edition of the biennial event. Six long-time employees of the southeast oil patch will be recognized at this year's gathering June 3 and 4. WEYBURN — …

TAG Oil to drill well in Egypt’s Western Desert

TAG Oil Ltd. secured a drilling rig for the upcoming T-200 well at Badr oil field (BED-1) in Egypt’s Western Desert. The vertical well is planned to test the Abu Roash F formation in BED-1, a naturally fractured reservoir in the area where adjacent wells …

So you get a notice about nearby gas drilling in Shreveport, Bossier. What then?

South Shreveport residents in sections of Twelve Oaks subdivision have a clear view of one of the newest natural gas drilling rigs in the area, but not because they particularly want to. In December, property owners there and along the nearby stretch of …

TotalEnergies and Chevron to drill Nigeria exploration, appraisal wells

TotalEnergies and Chevron are set to drill critical exploration and appraisal wells in Nigeria this year, according to partner Meren Energy. After a drilling hiatus at the French supermajor's Akpo and Egina fields, Meren reported on Wednesday that work …

New Mexico’s Oil Boom Amid Iran Conflict Puts Democrats in a Bind

Oil prices have climbed sharply since fighting erupted between the U.S., Israel and Iran. Tankers avoid the Strait of Hormuz. Global supplies tightened. And half a world away, New Mexico finds itself suddenly richer. The state’s treasury swells with tax …

Stowaway baby rabbits found on North Sea drilling rig

Chinese Top 3 Control Pendant Manufacturer in 2026: Leading Global Innovation & Industrial Control Precision

Driving Industrial Automation with Safety, Reliability, and Precision CALIFORNIA, CA, UNITED STATES, May 19, 2026 /⁨EINPresswire.com⁩/ -- Wenzhou, Zhejiang，May 19, 2026——The industrial control pendant—often referred to as a pendant control station, push …

ALTAVE at Oman: AI-powered offshore safety solutions on a global energy stage

The company arrives at Oman Petroleum & Energy Show with a growing international footprint and a focus on how computer vision is being applied on offshore MUSCAT, OMAN, May 19, 2026 /⁨EINPresswire.com⁩/ -- The conversation around AI in …

Chinese Top 3 High Precision Gear Manufacturer in 2026: Leading Global Gear Innovation & Industrial Precision

Driving New Standards in Global High-Precision Gear Supply for Renewable Energy, Aerospace, and Smart Manufacturing CALIFORNIA, CA, UNITED STATES, May 18, 2026 /⁨EINPresswire.com⁩/ -- Wuxi, Jiangsu, May 2026 — The global demand for high precision …

Philippine Solar Leader Solaren Reveals Why Installed Capacity and Usable Power Are Not the Same

Solaren Renewable Energy Solutions exposes the hidden derating gap costing commercial and industrial facilities across Southeast Asia. MANILA, MANILA, PHILIPPINES, May 19, 2026 /⁨EINPresswire.com⁩/ -- Solaren Renewable Energy Solutions Corporation …

Fasoo AI Addresses Growing Data Governance Risks in Energy AI Environment

SEOUL, SOUTH KOREA, May 19, 2026 /⁨EINPresswire.com⁩/ -- — Fasoo AI, a leader in data-centric security and AI-ready data management, highlights the growing need for persistent, data-centric protection as energy organizations expand AI adoption …

El Paso Electric Releases an All-Source RFP to Secure Cost-effective and Reliable Resources for its New Mexico Customers

El Paso Electric (EPE) has issued an All-Source Request for Proposals (RFP) to secure cost-effective, reliable resources for its New Mexico customers. EL PASO, TX, UNITED STATES, May 18, 2026 /⁨EINPresswire.com⁩/ -- El Paso Electric (EPE) has issued an …

Opterro, Inc. and DOME Oilfield Engineering & Services LLC Announce Exclusive Middle East Distribution Partnership

Agreement Establishes Regional Commercial Representation Across the UAE, Saudi Arabia, Oman, and Iraq. FREMONT, CA, UNITED STATES, May 18, 2026 /⁨EINPresswire.com⁩/ -- Opterro, Inc., a Silicon Valley-based developer of advanced fiber-optic sensing systems …

TEREMARK Electrical Group Releases Kootenai County Solar Guidance

Guidance responds to Kootenai Electric’s 2026 Peak Use Charge and homeowner interest in solar, batteries, and energy planning HAYDEN, ID, UNITED STATES, May 18, 2026 /⁨EINPresswire.com⁩/ -- TEREMARK Electrical Group, a Hayden-based electrical …

HOERBIGER Strengthens North American Service with Appointment of Muammer Kocer as Solutions Sales Manager, NAM Service

Senior regional leadership role supports solution-based selling, customer engagement, and compressor-service growth across the United States and Canada. HOUSTON, TX, UNITED STATES, May 18, 2026 /⁨EINPresswire.com⁩/ -- HOERBIGER Service, Inc. …

B2i Digital Announces Precious Metals & Critical Minerals Hybrid Conference, May 21, 2026

Co-Sponsored by The Nuvo Group, Featuring a Keynote From CPM Group’s Jeff Christian and a Curated Lineup of Producers, Developers, and Exploration-Stage Issuers NEW YORK, NY, UNITED STATES, May 18, 2026 /⁨EINPresswire.com⁩/ -- B2i Digital, the …

Reebok Work Introduces FloatZig Safety in Europe: The New Shape of Work

Experience the soft and springy feeling of SuperFloat+ critical foam with the new FloatZig Safety Series. ST. LOUIS, MO, UNITED STATES, May 18, 2026 /⁨EINPresswire.com⁩/ -- Warson Brands, official licensee of Reebok Safety footwear in Europe and …

POWERICS Appoints Dr.Primit Parikh to Its Board of Directors

HYDERABAD, INDIA, May 18, 2026 /⁨EINPresswire.com⁩/ -- POWERICS, an emerging Indian company focused on advanced power electronics and compound semiconductor technologies, today announced the appointment of Dr. Primit Parikh to its Board of Directors. Dr …

Water Turbine Market Projected to Surge to US$ 6.20 Bn by 2033, says Coherent Market Insights

The Water Turbine Market size is estimated to be valued at USD 3.76 billion in 2026 and exhibiting a (CAGR) of 7.4% from 2026 to 2033. BURLINGAME, CA, UNITED STATES, May 18, 2026 /⁨EINPresswire.com⁩/ -- The latest research study published by …

Pulsenics launches AccelaGrade™ Module

High-power testing solution enables end-of-line quality control for modules at 17x the speed of traditional cyclers. TORONTO, ONTARIO, CANADA, May 18, 2026 /⁨EINPresswire.com⁩/ -- Pulsenics, a Toronto-based energy technology company, today …

Coates Global Highlights Portugal Golden Visa Fund Route as Investors Look Beyond Real Estate

The UK-based consultancy says investors should review Golden Visa fund options, including regulated renewable energy funds such as New Frontiers Energy Fund. LONDON, UNITED KINGDOM, May 18, 2026 /⁨EINPresswire.com⁩/ -- Coates Global has published …

Residential Solar Inverter Market Size, Share, Opportunities, Future Growth and Forecast Analysis 2032

Residential solar PV inverters play a critical role in solar energy systems by converting direct current (DC) generated by solar panels into alternating AUSTIN, TX, UNITED STATES, May 18, 2026 /⁨EINPresswire.com⁩/ -- The global Residential Solar ( …

Chairman Lee Applauds Senate Confirmation of ENR Nominees

WASHINGTON – Today, Senator Mike Lee (R-Utah), Chairman of the Senate Committee on Energy and Natural Resources, released a statement after the Senate confirmed an additional 49 of President Trump’s nominees this week, three of which came out of the ENR …

Access Fixtures Launches New ORBE Field-Selectable Architectural Dome-Top LED Louvered Bollard Light

ORBE LED Bollard Light - a sleek dome-top design with field-selectable wattage and Kelvin, 140 lumens per watt, 0-10V dimming, and die-cast aluminum housing. WORCESTER, MA, UNITED STATES, May 18, 2026 /⁨EINPresswire.com⁩/ -- Access Fixtures, a …

Chinese Top 3 Steel Pipe Grinding Machine Manufacturers in 2026: Leading Global Tube Processing Innovation

Advancing High-Precision Surface Finishing Technologies for the Global Metal Processing Industry CALIFORNIA, CA, UNITED STATES, May 18, 2026 /⁨EINPresswire.com⁩/ -- Market Overview: Precision Requirements Drive Supplier Evolution The global …

TÜRKIYE STEPS FORWARD AS REGIONAL ENERGY ANCHOR — BOTAŞ AND ARGENT LNG SIGN MoU

METAIRIE, LA, UNITED STATES, May 18, 2026 /⁨EINPresswire.com⁩/ -- BOTAŞ Boru Hatları ile Petrol Taşıma A.Ş., the state-owned natural gas company of the Republic of Türkiye, and Argent LNG LLC, a U.S. liquefied natural gas export developer …