Energean expects an eventful year ahead as it is working to achieve several important milestones for its project located offshore Israel.
Abu Dhabi-based rig operator is now only 1 rig shy of 100 following an introduction of two more jack-up rigs to its fleet.
Offshore rig owner Valaris has been awarded new bareboat charter agreements with ARO Drilling for several jack-up rigs.
Vantage Drilling and ADES are taking their relationship to the next level following an agreement under which Vantage will sell three of its jack-ups to ADES.
POGC has started drilling operations in an attempt to find new hydrocarbon reserves at the South Pars gas field in the Persian Gulf.
Shelf Drilling has revealed that 27 of its jack-up rigs are under contract and it expects to see an improvement in the global jack-up demand.
Borr Drilling now has 17 rigs contracted or committed amid strong demand for offshore rigs and is on track to fully contract its fleet by 2022.
Offshore drilling contractor Noble Corporation has completed the sale of four jack-up rigs to a subsidiary of ADES International Holding.
Lamprell has signed a $45 million revolving trade loan facility with two banks to cover the costs for the building of two IMI jack-up rigs.
Lamprell has been awarded a major rig conversion contract by BW Energy, turning a jack-up rig into an offshore production facility.
Saudi Arabia’s Public Investment Fund has revealed its plans for THE RIG, a tourism project inspired by offshore oil platforms.
Offshore drilling contractor Valaris has been awarded an extension to its bareboat charter agreement with ARO Drilling for a jack-up rig.
UAE-based Lamprell has secured funding to cover the costs for the continuation of the construction of two IMI jack-up rigs.
Halliburton has been awarded an integrated services contract to execute a drilling and completions campaign for Energean in Israel.
