Six contractors have submitted bids in a Petrobras tender for the charter of a jack-up drilling rig to carry out operations at mature fields off Brazil’s northeastern coast, as global demand for such ...

It sets a blueprint for coming upgrades, the first where Vietnamese talent took full ownership a jack-up rig's drive and ...

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 ...

Saudi Aramco is driving the increased demand for jack-up rigs in the Middle East as the Saudi state company expands its fleet to help boost production capacity. The Saudi state company accounted for ...

Seadrill Limited SDRL, a U.S.-based offshore drilling contractor, has concluded the sale of its jack-up rig, West Prospero. The company received cash proceeds of $45 million following the sale. SDRL ...

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 $45 ...

KENAI, Alaska - Although the Kang Sheng Kou heavy-lift vessel brought the Endeavour-Spirit of Independence jack-up rig to Cook Inlet waters from Singapore, the Endeavour rig might have carried its own ...

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

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 ...