Drillers added 11 oil rigs in the week to June 23, bringing the total count up to 758, the most since April 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said in its closely followed report.

Kirby Corp., Joseph H. Pyne, Stewart & Stevenson, Parman Capital, Tudor Pickering, A&D

Kirby Corp. sees the purchase as an opportunity to buy into the oilfield services recovery.

Drillers added 11 oil rigs in the week to June 2, bringing the total count up to 733, the most since April 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said.

Drillers added two oil rigs in the week to May 26, bringing the total count up to 722, the most since April 2015, energy services firm Baker Hughes Inc. said on May 26.

Drillers added nine oil rigs in the week to May 12, bringing the total count up to 712, the most April 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said on May 12. While that is more than double the same week a year ago when there were only 318 active oil rigs, the pace of those additions has declined with the total over the past four weeks falling to the lowest since March.

New oilfields lead to larger capacity of Caspian pipeline.

Four years after Total and its partners paid 622 million reais (US$196 million) for five exploration blocks, they are still waiting for the go-ahead from Brazil's environmental regulator, Ibama.

Saipem’s flagship vessels FDS2 and the Normand Maximus will carry out the work, which will begin in 2019.

U.S. energy firms added oil rigs for a 16th week in a row, extending a drilling recovery into a 12th month even as the pace of those additions has slowed in recent weeks as crude prices have held below $50 a barrel.

Overcoming current event buoyed hopes for project’s success.

The subsea sector is maturing, and with more systems moving into the field, there is a growing need for verification and validation services that span the entire project spectrum, encompassing the vessel, risers and equipment. 

An ESP solution combines a permanent magnetic motor with a side-pocket wet connect system.

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