India’s offshore drilling contractor Aban Offshore has sold one of its jack-up rigs to UAE’s ADNOC Drilling.
Offshore drilling contractor Shelf Drilling has secured a contract extension for one of its jack-up rigs in the Middle East.
Ocean Challenger, the asset management company of CIMC Raffles, has entered into a charter contract with Saipem for a jack-up drilling rig.
Westwood reveals an uptick in offshore E&P investment and rig count with the demand for OSVs resulting in more idle fleets being reactivated.
Saipem has decided to sell its onshore drilling business to KCA Deutag for $550 million in cash plus an equity stake in the combined entity.
Offshore drilling contractor Vantage Drilling has completed the sale of its subsidiary holding three jack-up rigs to ADES.
Keppel LeTourneau has joined forces with Saudi yard IMI to help it strengthen its rig building capabilities.
UAE-based ADNOC Drilling has signed an agreement to acquire an additional two premium offshore jack-up drilling units.
Singapore’s Keppel Offshore & Marine has signed contracts for the bareboat charter of another two KFELS B Class rigs to be deployed in the Middle East.
Lamprell and IMI have completed load-out and float-off operations for the first of two jack-up rigs built for this Saudi yard.
Shelf Drilling has secured more work for its rigs and it expects the global jack-up utilisation and pricing to beat pre-pandemic levels in 2022.
Lamprell is in the frame for upgrade work on three jack-up drilling rigs ahead of their move to the Gulf region.
Energean has made a commercial gas discovery in Block 12 offshore Israel, bolstering its beliefs in the potential of the Olympus Area.
Keppel O&M has won a deal worth around $97 million with Saudi Arabia’s Public Investment Fund-affiliated company, ADES, for two jack-up rigs.
