Aramco cancelled multiple offshore rig contracts last year, leading to a decline in jack-up day rates and prompting domestic ...

Offshore drilling company Valaris has decided to retire three semi-submersible drilling rigs from its fleet as part of its ...

Public sector giant plans to invest between $3 billion and $4 billion during ongoing financial year, mostly on offshore ...

The move is expected to bolster Indian shipyards' capabilities in manufacturing advanced offshore rigs. Offshore drilling rigs have not been built in India since 1990, when two jack-up rigs and ...

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

HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) today announced that it has completed the sale of the jack-up rig West Prospero for cash proceeds of ...

The difference is that Valaris operates a larger fleet of 53 rigs, which include drillships, jack-up rigs, and semi-submersible platform drilling rigs. Jack-up rigs, also known as mobile offshore ...

Mohamed Hegazi, Chief Executive Officer of ARO Drilling, said: “As we move forward with the ... Khair will enable IMI to build up to six jack-up drilling rigs, 25 offshore support vessels ...

PETALING JAYA: Icon Offshore Bhd is proposing to dispose of Perisai Pacific 101, a jack-up drilling rig, for US$85mil (RM381.65mil). In a filing with Bursa Malaysia, the company said Icon Caren (L ...