Varada-HVR Drilling is a marriage of two drilling start-ups presently with five jack-up rigs being built in India and China for delivery by December 2014. The combined fleet size will have a value of ...

Borr Drilling Limited is positioned for growth with high jack-up utilization, expanding contracts, and strong liquidity. Read ...

Ecuador state-owned company EP Petroecuador has signed a contract with China National Petroleum Corporation (CNPC) to carry out offshore well workovers at the Amistad natural gas field, in a move ...

Adnoc Drilling, the Middle East's largest drilling company, was awarded a $1.15 billion contract for two jack-up rigs by Adnoc Offshore as the company continues to expand its fleet. The 15-year ...