Unit Corporation has delivered strong returns, driven by production growth and new investor interest, but now approaches fair value. Recent drilling reversed production declines, validating asset ...

State oil giant Abu Dhabi National Oil Co (ADNOC) has increased to 11% of share capital the size of the initial public offering (IPO) of its drilling unit, ADNOC Drilling, because of oversubscription, ...

U.S.-based classification ABS on Wednesday announced it is expanding its partnership with Singaporean shipbuilding group Seatrium to advance cutting-edge marine and technology projects that target ...

ADNOC Drilling, the unit of Abu Dhabi National Oil Company (ADNOC), intends to list at least 7.5 percent of its shares in an initial public offering that could become of the largest share sales in the ...

Unit Corporation's subsidiary, Unit Drilling Company, has closed an acquisition to purchase a subsidiary of Strata Drilling LLC for $10.5 million in cash. Unit Corporation's subsidiary, Unit Drilling ...

Abu Dhabi National Oil Company (ADNOC) has started virtual meetings with potential investors ahead of the planned initial public offering of its drilling unit, two sources told Reuters. DUBAI, May 17 ...

Offshore driller Stena Drilling has signed a contract with Nexen Petroleum U.K. Limited for the Stena Spey drilling rig. Stena said in a press release that the drilling campaign will last around 110 ...