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.

The drilling market is buoyed by newly designed rigs but hampered by bottlenecks in manufacturing “smart iron.” It’s old news that drilling is increasing and day rates are rising, spurring rig ...

Liebherr LB 45 drilling rig, compared with its LB 36 predecessor, is designed to deliver higher torque, a wider range of applications, and added assistance systems for improved operator comfort and ...

CALGARY, Alberta, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Precision Drilling Corporation ( Precision ) intends to release its 2025 ...

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- ...

The construction industry is constantly evolving, with new technologies and methodologies reshaping how projects are completed. Excavators, as one of the most versatile machines on any jobsite, are ...

Patterson-UTI Energy posted good results in its first quarter as demand for drilling rig equipment and pressure pumping services remains strong throughout North America. We expect the favorable market ...

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 ...

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 -- ...