GlobalRigs is your go-to oilfield equipment supplier, offering premium oil and gas rig equipment to clients worldwide. As a leading industrial equipment supplier, we specialize in high-quality ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

Later today, oil services and technology company Baker Hughes will release its U.S. rig count, which is the tally of active oil rigs in the country. Since the spring, rig count has declined, reaching ...