Shelf Drilling, which describes itself as world’s largest offshore jack-up rig owner, has seen an uptick in jack-up rig utilization this year and expects rig demand to pick-up.
Saudi Aramco just gave the jack-up market a shot of adrenaline. Rig owners should be loving what they’re seeing.
The international offshore rig count for July 2018 increased both sequentially and year-over-year, according to a monthly report issued on Tuesday by Baker Hughes, a GE company.
Shelf Drilling has completed the purchase of the Ocean Scepter jack-up rig from Diamond Offshore.
Rowan Companies is keeping its rigs busy with contracts in the U.S. Gulf of Mexico, off the UK, and in the Middle East region.
Italian oil and gas giant Eni has won Wood Mackenzie’s Most-Admired Explorer title, an accolade awarded in conjunction with Wood Mackenzie’s industry-leading annual Exploration Survey. This is the third time in a row Eni has won the award.
Qatar’s Gulf Drilling International and Norway’s Seadrill have reportedly signed an agreement for the utilization of the jack-up drilling rig “West Tucana.”
Greek oil company Energean will drill an exploration well in the Karish North prospect, offshore Israel, with a planned spud date before end-March 2019.
Let the newbuilds come. The jackup market is far from oversupplied.
Dubai-based shallow-water drilling Shelf Drilling is set to get listed on the Oslo stock exchange (Oslo Børs)
Rowan Companies has leased one of its jack-up drilling rigs to its joint venture with Saudi Aramco.
ADES International has completed the acquisition of three offshore jack-up rigs in the Arabian Gulf from Nabors Industries.
Offshore Driller Noble Corporation has sold its Noble David Tinsley jack-up rig.
The international offshore rig count for May dropped by four units when compared to the same period last year.