Offshore drilling remains one of the most technically demanding sectors in oil and gas, characterized by complex geology, high-pressure environments, and rigorous safety, reliability and regulatory standards. Amid volatile market conditions and rising operational costs, Weatherford International is redefining offshore performance through its pioneering advancements in Managed Pressure Drilling (MPD) and the evolution into Managed Pressure Wells (MPW).
BW Energy pulls capex guidance as rig loss stalls Gabon drilling
BW Energy has suspended its 2026 capital expenditure guidance, previously $600 million to $650...
