The Company also has received the commitment of a long-standing customer to execute a three-year drilling contract upon the rig's delivery, which is expected in June 2008. The cost of the rig ...

The offshore drilling rig market is facing a challenging 2025 ... levels improving across both jack-ups and floaters. If supply-side constraints persist, tightening market conditions could set ...

Asia-focused independent Jadestone Energy is expecting to start soon drilling ... said the jack-up rig Valaris 247 has arrived on location at Montara, where it will drill a side-track to the ...

Transocean Ltd.’s RIG semi-submersible drilling rig, Transocean Barents, is making its way to the Neptun Deep project for a 10-well drilling mission, marking a significant phase in Romania’s ...

The US drilling rig count dropped 1 unit to reach 592 rigs working for the week, according to Baker Hughes data. The US drilling rig count dropped 1 unit to reach 592 rigs working for the week ...

The state-backed companies launched development drilling in the Neptun Deep gas block on Romania's side of the Black Sea ... the joint statement said. The rig is Transocean Barents, while ...