Feb 26 (Reuters) - Contract drilling services provider Parker Drilling Co reported a 7 percent drop in fourth-quarter earnings, hit by lower dayrates and utilization of its rigs, project delays and ...

HOUSTON, June 9 /PRNewswire-FirstCall/ -- Parker Drilling Company (NYSE: PKD) today announced that it has executed a definitive agreement with The Shell Petroleum ...

Parker Drilling Co. has reported financial and operating results for the third quarter 2008. Parker Drilling Co. has reported financial and operating results for the third quarter 2008. The Company ...

Parker's chief financial officer Jim Whalen said the rig contractor had reached an unspecified agreement with its insurer over the potential scope of repairs. The prices Parker gets back from ...

Trinidad Energy Services Income Trust has entered into an exclusive asset purchase agreement to acquire certain assets of Axxis Drilling. Trinidad Energy Services Income Trust, through an indirect, ...

Zentech, Inc. has acquired the former Derrick Barge 23 and renamed it ZEE RIG 3. “We intend to upgrade the vessel in two phases, first for use as a crane barge with increased lifting capacity, and ...

On Thursday, when a seagoing barge arrived in the Arctic Ocean off Prudhoe Bay, Alaska, it carried a little piece of Kelso with it: A 1,400-ton oil drilling rig made piece by piece in Western ...

Jiangsu Yangzijiang Offshore Engineering Co. Ltd. signs contract for the rig with Creon associate company Explorer 1. The directors of Creon the resources infrastructure investment company, announce ...

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