KENAI, Alaska (AP) — The Endeavour has finally left Homer. The 400-foot-tall jack-up rig, one of the largest such rigs in the world, arrived from Singapore in August. The plan was for the $100 million ...

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 ...

Malaysia-listed Lianson Fleet Group, formerly Icon Offshore, is planning to team up with Vietnam's state-owned PV Drilling in ...

Furie Operating Alaska on Monday announced they’d renewed a lease with a Hilcorp subsidiary to use their jack-up rig this year as they drill up to two new natural gas wells in the coming months. Furie ...

When the Usumacinta jack-up rig slammed into the Kab-101 Christmas tree, a mist of gas began pouring into the storm-whipped air, and the crew quickly realized the danger was escalating beyond control.

Valaris Ltd. VAL, an offshore driller, stated that its joint venture (JV) in Saudi Arabia, ARO Drilling, has received a suspension notice for one of its 19 contracted rigs. The Valaris 143 jack-up rig ...

The international jack-up drilling heavyweights Shelf Drilling and Borr Drilling are seeing an improvement in market conditions and are looking optimistically at full fleet utilisation in 2022. Both ...

Borr Drilling (NYSE:BORR) +2.4% in Tuesday's trading after saying it won new contracts for three of its shallow-water rigs with a combined value of $158.6M. Borr (BORR) said it secured a combined ...

Shelf Drilling received notification from a Middle Eastern customer that the latter would suspend the operations of four jack-up rigs. Shelf Drilling Ltd. has received notification from a Middle ...

SINGAPORE, Jan 27 (Reuters) - Keppel Corp , the world's largest oil rig builder, said on Thursday it has secured a contract worth about $416 million to build two harsh environment jack-up rigs from ...