ADES Holding Co. announced that its jackup drilling unit, “Admarine 501”, has been awarded a contract by Nkuku Ikon Petroleum ...

Seatrium has successfully delivered a newbuild jackup rig, Var, to Borr Drilling, nearly one year ahead of schedule. It is the final newbuild rig in a series of five B Class jackup rigs that ...

Seadrill: One Of The Youngest Offshore Drilling Fleets, Trading Well Below Replacement Cost If jack-up rigs and ultra-deepwater drillships are at two opposite poles when it comes to economic lives ...

Most of the rigs had been abandoned at Keppel's yard by their owners. Keppel was the most celebrated builder and designer of ...

This preliminary agreement is a significant step towards the finalisation of a contract for a jack-up drilling rig to be used in the upcoming Chuditch appraisal drilling campaign offshore Timor-Leste.

Paratus Energy and Borr Drilling reach agreements with Pemex related to unpaid bills for jack-up drilling rigs ...

Petroliam Nasional Bhd (PETRONAS) aims to ramp up Malaysia’s oil and gas production to two million barrels of oil equivalent ...

International Maritime Industries (IMI), a leading maritime construction and repair company and the largest maritime facility in the MENA region, finalised and activated a landmark agreement with ...