Reports all-time high EBITDA of $2.01bn, up 36% and $1.304bn in net profit, up 26%; Issues guidance to touch $5bn revenue in 2026 ...

International Maritime Industries (IMI), a maritime construction and repair company and the largest maritime facility in the Mena region, has commenced construction of a new offshore jack-up rig, ...

Aro Drilling’s newbuild jack-up drilling rig programme is continuing in Saudi Arabia with a drilling equipment package recently awarded to National Oilwell Varco (NOV). This will be the third newbuild ...

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

Under the agreement, the Saudi company will drill two wells, with an option for two additional wells with a total estimated ...

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

The signing ceremony took place at the iktva Forum & Exhibition held in Dhahran Expo from 13-16 January 2025 ...

Transocean Ltd (NYSE: RIG) provides offshore contract drilling services for the oil and gas industry. They have a fleet of 34 mobile offshore drilling units, which consist of 26 ultra-deepwater ...

Adnoc Drilling, the Middle East's biggest drilling company, has reported a more than 21 per cent rise in fourth-quarter ...

ARO Drilling, a joint venture between Aramco and Valaris, and International Maritime Industries (IMI) have signed an ...