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 ...

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

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

IMI and ARO Drilling commence construction of first Saudi-built jack-up rig. Find the latest news from the maritime industry on the PortNews website.

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

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, ...

The index returned to expansion after eight months in contraction. The Prices Index continued in expansion (or 'increasing') territory, registering 54.9 percent, up 2.4 percentage points compared to ...

taking the total North America rig count up to 821, comprising 576 rigs from the U.S. and 245 rigs from Canada, Baker Hughes’ count outlined. Of the total U.S. rig count of 576, 560 rigs are ...

But Biagi believes the department can speed up its construction projects. “Now we really need to focus on schedule. And so we are looking at all the ways that we can expedite getting these ...

After three years of dedicated work, I completed an NVQ Level 3 in carpentry and started moving my way up the management chain, followed by my completion of a national diploma in construction and my ...

Even after Jack Suwinski put together a poor season across ... Time will tell what ends up happening, but it appears the Pirates have a lot of trust in this idea.