Chinese yard Shanghai Waigaoqiao Shipbuilding (SWS) has delivered two jack-up rigs to Tianjin CSSC Jianxin Offshore Engineering Investment & Management for operation offshore China, with one to be ...

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 ...

Singapore-based Keppel Offshore & Marine (Keppel O&M) has delivered the first of the three newbuild jack-up rigs novated to Abu Dhabi’s Adnoc Drilling — the largest drilling company in the Middle East ...

PPL Shipyard, a subsidiary of SembCorp Marine has signed a rig building contract worth US$133.7 million with PT Apexindo Pratama Duta Tbk for the construction of a Baker Marine Pacific Class 375 ...

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.

5 days Crude Oil, Distillates Inventories See Minor Build as Prices Sink 5 days Oil Prices Sink 4% as OPEC Moves to Balanced 2026 Outlook ADNOC Drilling has been awarded a $1.15 billion, 15-year ...

PV Drilling will supply the PV DRILLING I jack-up rig to PVEP Cuu Long, with three wells in the Su Tu (Lion) field cluster, ...

PPL Shipyard, a subsidiary of SembCorp Marine, has been awarded a contract by Offshore Group Corp to build a Baker Marine Pacific Class 375 (BMC Pacific 375) Deep Drilling Offshore Jack-up Rig at a ...

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 ...