Revenue & Efficiency

Missed billings, revenue leakage, T&M vs lump sum risks, and operational efficiency for subcontractors.

Unit Corporation Reports 10% Revenue Growth After Drilling Unit Sale

Tulsa-based Unit Corporation saw revenues climb 10% in 2025 while cutting operating costs 4%, following its $119.7 million sale of Unit Drilling Company to Cactus Drilling.

5d ago

Revenue

Offshore drilling alliance develops remote ship positioning technology

Kongsberg Maritime, Seadrill and Hanwha Drilling partner to create centralized dynamic positioning systems that could reduce offshore crew workloads and improve drilling safety.

Mar 4, 2026

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