India’s state-controlled Oil & Natural Gas Corporation (ONGC) is looking to charter two jack-up rigs to drill off the country’s east and west coasts. Multiple people with direct knowledge of the ...

Valaris Limited VAL and Jadestone Energy are developing the Montara field offshore Australia, for which the Valaris 247 jack-up rig has arrived at the location. The jack-up rig is scheduled to ...

Adnoc Drilling Company on Tuesday announced the award of a $1.15 billion, 15-year contract for two jack-up rigs by Adnoc Offshore in support of its growing offshore operations. The contract will ...

Chinese rig builder Dalian Shipbuilding Offshore Company (DSOC) has signed an initial agreement to sell one of its jack-up rigs to an unnamed buyer. Although the deal has not yet been finalised, ...

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 jack-up market is characterized by some of the tightest supply conditions in the maritime sector. Approximately 30% of the global fleet has been operating for 30 years or more. The order book ...

Dalian Shipbuilding Industry Offshore has been notified by Friede & Goldman Marketing BV (F&G) to temporarily suspend construction of its rig jacking systems. Arising from the recent accident during ...

Modern offshore oil rigs are engineering wonders designed to accommodate massive crews and operate in some of the most hostile environments on Earth. As the demand for oil drives exploration into ...

NEW YORK, Sept 15 (Reuters) - Oil and gas drilling contractor Diamond Offshore Drilling Inc said on Monday one of its shallow-water drilling rigs had been damaged by Hurricane Ike and it was still ...

ADNOC Drilling has been awarded a $1.15 billion, 15-year contract by ADNOC Offshore to operate two of its newest and most advanced jack-up rigs, extending the company's offshore drilling operations ...