Valaris Limited VAL, an offshore drilling services provider, has announced that it will permanently retire three semi-submersible rigs as part of its efforts to streamline its drilling fleet.
The state expected millions of dollars to plug wells abandoned by their owners. But the funds are in limbo under a new ...
It is 70 years since Seatrium designed and built the world's first independent leg jack-up drilling rig, and it has designed ...
Arabian Post - Arabian Post Staff -Dubai. Arabian drilling and Shelf Drilling have signed a memorandum of understanding to establish a strategic allianc ...
Singapore shipyard group Seatrium has secured a tender from Saudi shipyard International Maritime Industries (IMI) to supply ...
The LeTourneau Super 116E Class design was selected. International Maritime Industries (IMI) has awarded a tender to Seatrium ...
Aramco cancelled multiple offshore rig contracts last year, leading to a decline in jack-up day rates and prompting domestic drilling giants to explore contracting opportunities in the international m ...