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 ...

Lower equipment demand and conservative capital spending by upstream players make the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry gloomy. NGS, USAC and OIS are trying to ...

General Electric Co said on Monday it would merge its oil and gas business with Baker Hughes Inc, creating the world's second-largest oilfield services provider as competition heats up to supply ...

Weatherford International is an unexpected winner in the oil field services boom, with strong earnings and projected double-digit revenue growth. The company offers differentiated services with higher ...

Oil prices remain highly favorable, boosting exploration and production activities and driving robust demand for drilling and production equipment. This positive trend enhances the outlook for the ...

Halliburton (NYSE:HAL) will idle or retire some oilfield equipment in response to deteriorating demand among shale companies, CEO Jeff Miller said Tuesday, as the world's largest provider of hydraulic ...

General Electric Co said on Monday it would merge its oil and gas business with Baker Hughes Inc, creating the world's second-largest oilfield services provider as competition heats up to supply ...