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

UK supermajor BP is in the market for a jack-up drilling rig for its Tangguh UCC project in Indonesia, which is the next ...

Valaris unveils several deals and contract extensions for its jackup rig fleet totaling ~$125M, with plans to dispose of four ...

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 ...

President Trump’s “Drill, baby, drill” initiatives may cause a demand spike for offshore drillers. Trump signed an executive ...

Kraken Robotics Inc. announced the passing of founder and former CEO, Karl Kenny on February 11, 2025, at the age of 64.

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

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 ...

Valaris Ltd. (NYSE: VAL) provides contract offshore drilling services just like Transocean. The difference is that Valaris operates a larger fleet of 53 rigs, which include drillships, jack-up ...