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Rigs

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Illustration; Source: ADES
Rigs

Tragic incident in Gulf of Suez: Four dead, three missing as jack-up capsizes

ADES has disclosed a towing incident in Egypt’s Gulf of Suez, involving a jack-up barge unit owned by its subsidiary and operating within a key oil zone in Egyptian territorial waters.

about 1 year ago
Thor rig; Source: Crystal Offshore via LinkedIn
Rigs

Borr Drilling’s rig quartet scores multimillion-dollar gigs across geographies

Borr Drilling, an offshore drilling player, has secured a batch of deals for four jack-up rigs in the Middle East, Southeast Asia, and North America.

about 1 year ago
Saipem 10000 drillship
Rigs

One well down, as Saipem drillship moves to another to unlock more gas at Eni’s field

Eni has completed the drilling of a well at a natural gas field in the Mediterranean off the coast of Egypt, using a drillship from the rig fleet of Saipem, a compatriot engineering, drilling, and construction services player.

about 1 year ago
High Island V jack-up rig; Source: Shelf Drilling
Rigs

Shelf Drilling rig staying five more years with Aramco

Shelf Drilling (SHLF) has landed a multi-year assignment for one of its jack-up rigs in the Middle East, where it will continue its drilling work with Aramco.

about 1 year ago
Illustration; Source: ADNOC Drilling
Rigs

15-year drilling assignment enables rig duo to rake in $1.15 billion

ADNOC Drilling has expanded its workload with ADNOC Offshore, a compatriot oil and gas heavyweight, by securing another multi-year drilling campaign in the Middle East, which will be undertaken by two of its jack-up rigs.

about 1 year ago
Sapphire Driller rig; Source: ADES
Rigs

QatarEnergy and TotalEnergies JV prolong rig’s drilling gig for four years

ADES has won a multi-year contract extension for one of its jack-up rigs with North Oil Company (NOC), a joint venture (JV) between QatarEnergy (70%) and TotalEnergies (30%).

about 1 year ago
Illustration; Source: ADES
Rigs

Fresh ten-year gig puts another ADES rig back in Aramco’s oil & gas orbit

ADES Group has landed a long-term contract renewal in the Kingdom of Saudi Arabia (KSA), which allows another one of its previously suspended jack-ups to return to work with Aramco, a Saudi energy giant.

about 1 year ago
Noble Discoverer rig; Source: Noble
Rigs

Transocean, Noble, Valaris, Seadrill, ADES, and Shelf Drilling get hold of $31 billion backlog: Is rig demand tapering off?

Transocean, Noble Corporation, Valaris, Seadrill, Shelf Drilling, and ADES have reported a combined total backlog of $31.17 billion in the first quarter of 2025.

11 minutes read
Aerial view of an offshore rig with a smaller vessel next to it
Rigs

Valaris-Aramco JV racks up jackup quintet extensions

Saudi Arabia’s energy heavyweight Aramco has handed out a multi-year agreement extension for five offshore drilling jack-up rigs to ARO Drilling, its 50/50 joint venture with Valaris.

about 1 year ago
An aerial view of an island
Rigs

ADNOC Drilling clinches $806M deal for next-gen rig trio

UAE-based ADNOC Offshore has handed out a contract to its sister company ADNOC Drilling for three island rigs to support expanding operations at a development project offshore Abu Dhabi.

about 1 year ago
Saipem 10000; Source: Saipem
Rigs

Two more wells on Eni’s drilling agenda at Mediterranean gas field

With gas production increase in mind, Italy’s energy giant Eni is set on drilling two additional wells at a natural gas field in the Mediterranean off the coast of Egypt.

about 1 year ago
Aramco keeps its energy and maritime bonds with UAE player going with new extension
Rigs

Aramco keeps its energy and maritime bonds with UAE player going with new extension

UAE-based offshore fabrication contractor Lamprell has got a hold of an extension of its multi-year deal with Aramco, Saudi Arabia’s energy heavyweight.

about 1 year ago
Illustration; Source: ADES
Rigs

Ten-year renewal for ADES rig marks jack-up’s return to drilling work with Aramco

ADES has tucked a multi-year contract renewal in the Kingdom of Saudi Arabia (KSA) under its belt, which enables one of its previously suspended jack-ups to work for Aramco once again.

about 1 year ago
Aras Driller jack-up rig; Source: Ocean Oilfield
Rigs

44-year old rig crosses the finish line at offshore drilling job in UAE

Ocean Oilfield Integrated Solutions has confirmed the completion of an offshore drilling assignment, which one of its jack-up rigs carried out off the coast of the United Arab Emirates (UAE).

about 1 year ago
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