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

Read here for an analysis of Borr Drilling's position in the jack-up market and its financial outlook with a focus on supply conditions and potential risks.

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 ...

The Brazilian oil giant wants a unit to carry out abandonment and plugging work on offshore wells at ageing shallow-water ...

Saudi oil and gas drilling contractor ADES Holding has secured a $21.8 million drilling contract with Brittania-U for its ...

Bermuda-based drilling contractor Borr Drilling has receiced a notice of temporary suspension of operation from Mexican state ...

Offshore drilling contractor Seadrill has completed the sale of its jack-up rig West Prospero for $45m. Built in 2007, the West Prospero is an independent-leg cantilever jack-up rig with an ...

A jack-up rig is a mobile platform which can be used for exploratory oil and gas drilling after being transported by tugs or other ships. President and Chief Executive Officer, Simon Johnson ...

Ltd. (PTTEP) for an offshore jack-up drilling contract in the Gulf of Thailand, with an estimated backlog of SAR 1.035 billion. In a statement to Tadawul, the company said that the award is for a five ...

has sold the West Prospero rig to an undisclosed ... transaction with Gulf Drilling. “We believe that our strengthened liquidity position upon completion of the jack-up sale, coupled with ...

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.