Velesto has confirmed the wrap-up of wreck clearance with recycling activities expected to follow suit shortly for one of its jack-up rigs that tilted due to an incident and subsequently sank in 2021.
Shelf Drilling has confirmed the receipt of one more notice of temporary suspension of operations for another jack-up rig working off the coast of Saudi Arabia in the Middle East, as Aramco, the country’s energy giant, continues its rig suspension spree.
