Arabian Drilling's backlog has surged to nearly $5 billion after a four-rig award from the Aramco-Kuwait Petroleum Corporation joint venture (JV).
Italy’s engineering, drilling, and construction services company Saipem has divested its shallow-water drilling business in Saudi Arabia to ADES Saudi Limited Company, an indirect subsidiary of Saudi Arabia-headquartered ADES Holding Company, which has now added about SAR 3.7 billion ($987 million)
Arabian Drilling, described as Saudi Arabia’s largest onshore and offshore drilling contractor by fleet size, has expanded its footprint in the Gulf Cooperation Council (GCC) with a multi-well assignment off the coast of Oman.
Arabian Drilling, said to be Saudi Arabia’s largest onshore and offshore drilling contractor by fleet size, has been cleared to bring its remaining suspended offshore rigs back into operation, putting its offshore fleet on track to reach 100% utilization by the end of the third quarter of 2026.
ADES Holding Company, an oil and gas drilling services provider that is part of Saudi Arabia-headquartered ADES Group, has secured the green light to restore all temporarily suspended offshore rig operations in Saudi Arabia, as offshore activity across the Gulf Cooperation Council (GCC) region conti
United Arab Emirates-based energy heavyweight Abu Dhabi National Oil Company (ADNOC) and the U.S.-headquartered technology player SLB have deployed a platform running on artificial intelligence (AI) across a fleet of more than 120 rigs to cut downtime and improve drilling performance at onshore and
Arabian Drilling, said to be Saudi Arabia’s largest onshore and offshore drilling company by fleet size, has been given the green light to return three rigs to their assignments, following temporary suspensions for some offshore rigs in the Arabian Gulf triggered by the conflict in the Middle East.
Abu Dhabi-headquartered ADNOC Drilling, one of the Middle East’s drilling and integrated drilling services (IDS) providers, has taken delivery of its first automated walking island rig running on artificial intelligence (AI) technologies, accelerating autonomous offshore operations in the United Ara
Italy’s engineering, drilling, and construction services giant Saipem is divesting its shareholding in Saudi Arabian Saipem (SAS) to close its shallow water drilling chapter in Saudi Arabia, as it continues its shift to deepwater plays. This move enables ADES Holding Company, part of Saudi Arabia-he
Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has secured 13 contracts year-to-date, enhancing its backlog by adding 2,250 days and $274 million in jack-up rig deals.
Canadian oil & gas company Valeura Energy has chartered a jack-up drilling rig owned by UAE-based Shelf Drilling for multi-year work in the Gulf of Thailand. The Enterprise jack-up rig has been chartered for a three-year term which runs until December 31, 2029. Valeura Energy has an option on the st
Switzerland-based offshore drilling contractor Transocean has won a multimillion-dollar assignment for one of its ultra-deepwater drillships in the Eastern Mediterranean Sea.
Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has shed light on operational and contracting activities of its fleet, expecting to witness a boost in rig action.
A drilling campaign, which Jasmine Energy (JEL), a subsidiary of Singapore’s Rex International, is planning to embark on off the coast of Oman, has been moved to the second quarter of 2026.
