Additionally, the offshore driller has announced the sale of a jack-up rig for $24 million ... flow and upgrade its rig fleet. VAL currently carries a Zacks Rank #4 (Sell). Some better-ranked ...

The premise of a jackup rig is that it is self-elevating; here, the legs are stationed on ocean floor and the drilling equipment is jacked up above the ... involves three or four legs, there ...

The Jack-Up Rigs segment operates mobile, self-elevating drilling platforms equipped with legs that are lowered to the seabed. The company was founded on May 10, 2005 and is headquartered in ...

Borr Drilling announced new contract commitments for three of its premium jack-up rigs, with other rigs in its fleet also ...

aimed at chartering four specialised jack-up rigs for operations across two categories. The Indian state giant operates a fleet of more than 30 offshore drilling units and is the largest operator ...

Petrobras was looking for a single independent-leg cantilever jack-up rig to operate in water depths ranging from 12 to 50 metres and capable of running activities at wells at depths of 3500 metres.

Borr Drilling has secured new contract commitments for three of its premium jack-up rigs, marking significant fleet updates. In South East Asia, the Thor rig received a binding letter of award ...

Valaris Limited VAL and Jadestone Energy are developing the Montara field offshore Australia, for which the Valaris 247 jack-up rig has arrived at the location. The jack-up rig is scheduled to ...