U.S.-based rig technologies and drilling solutions provider Helmerich & Payne will invest about $100 million in ADNOC Drilling’s IPO.
Abu Dhabi’s energy giant ADNOC is planning on selling a minimum 7.5 per cent stake in its drilling unit ADNOC Drilling in an initial public offering (IPO).
International Maritime Industries (IMI), the largest maritime yard in the MENA region, has signed a long-term agreement with JSA Loadmaster.
Noble Corporation has reached a definitive agreement to sell four jack-ups to ADES International for $292 million.
UAE’s oil and gas giant ADNOC is making an investment of $763.7 million in integrated rigless services on six of its artificial islands.
The trend of winning new deals and extensions continues for offshore drilling contractor Valaris following another extension for one of its jack-up rigs.
Vantage Drilling has secured an additional year of contract for a jack-up unit while two other jack-up rigs have started their gigs.
Offshore drilling contractor Valaris Limited has been awarded an extension for one of its jack-up drilling rigs in Saudi Arabia.
E&P company Energean has signed a contract with Stena Drilling for its 2022 – 2023 growth drilling programme located offshore Israel.
Noble Corporation has secured more work for two of its drilling rigs while one jack-up unit has been warm stacked in the UK.
Offshore drilling contractor Valaris has been awarded a three-year contract with North Oil Company offshore Qatar.
Offshore rig operator Japan Drilling Co. (JDC) has been awarded a drilling contract for a jack-up rig for operations offshore Qatar.
Shelf Drilling is seeing encouraging signs of an improving jack-up market with an increase in the global number of contracted jack-ups.
Vantage Drilling has been awarded several new contracts, which will see its rigs operate in South East Asia, Middle East, and Africa.
