
Baker Hughes’ rig count report shows that two rigs left the working international offshore fleet in February 2024.

Shelf Drilling has won a contract extension for a jack-up rig working on an assignment in the Gulf of Suez off the coast of Egypt.

Masirah Oil has hired a jack-up rig for a multi-well drilling program at a field in the Block 50 concession offshore Oman.

This is an overview of some of the moves made over the week, so come away with us on a journey of the fossil energy market’s latest developments.

Ocean Oilfield Integrated Solutions has confirmed the completion of a plug & abandonment program, which one of its jack-up rigs carried out at an offshore field in the UAE for Atlantis (UAQ) Limited.

Baker Hughes’ rig count report shows that more than one rig joined the working international offshore fleet in January 2024.

THE RIG is set to redefine the water sports and tourism landscape while paying homage to the legacy of Saudi Arabia’s rich oil and gas heritage.

Baker Hughes’ rig count report shows that no new rigs joined the working fleet in December 2023.

Westwood Global Energy, an energy market research and consultancy firm, has outlined its top three predictions for 2024.

Arabian Drilling has provided an update on the upgrades to its new offshore rigs, which have been hired for drilling ops by Aramco.

Baker Hughes’ rig count report points out that one more rig joined the working fleet in November 2023 compared to the month before.

Shell Egypt, a subsidiary of oil major Shell, has made a new gas discovery in an offshore block located in Egypt’s Mediterranean Sea.

ARO Drilling and International Maritime Industries held a naming ceremony for the first Saudi-operated and manufactured offshore jack-up rig.

Valaris has recorded a strong operational and financial performance during the third quarter of 2023, thanks to a rise in rig demand and day rates.