Indonesia’s national energy company Pertamina has secured the jack-up rig CPOE 16 from Chinese offshore drilling contractor CNPC Petroleum Offshore Engineering (CPOE) on a four-year firm ...

Knowing that current market prices for jack-up rigs are around $180,000 per day, the payback period of ~4.5 years is not compelling enough to attract new orders. Even if an offshore drilling ...

All four rigs are expected to join the Company’s fleet by year-end, bringing ADNOC Drilling’s total offshore jack-up fleet to 28 operational units, one of the largest operating fleets in the world, ...

Enterprise Offshore Drilling provided ... there are now six active jack-up rigs in the Gulf, and the WFD 400 fills a void for jack- up rigs capable of working in four hundred feet of water.

Borr Drilling (NYSE:BORR) +2.4% in Tuesday's trading after saying it won new contracts for three of its shallow-water rigs with a combined value of $158.6M. Borr (BORR) said it secured a combined ...

Shelf Drilling received notification from a Middle Eastern customer that the latter would suspend the operations of four jack-up rigs. Shelf Drilling Ltd. has received notification from a Middle ...

Adnoc Drilling ... rigs signed in 2022 and four rigs acquired in 2021. Abdulrahman Abdullah Al Seiari, chief executive officer of Adnoc Drilling, said: "The latest acquisition of these premium ...

Exciting times ahead! Tower Resources has awarded ADES a contract for drilling in Cameroon. Stay tuned for more updates!

Adnoc Drilling, the Middle East's largest drilling company, was awarded a $1.15 billion contract for two jack-up rigs by Adnoc Offshore as the company continues to expand its fleet. The 15-year ...

Adnoc Drilling Company on Tuesday announced the award of a $1.15 billion, 15-year contract for two jack-up rigs by Adnoc Offshore in support of its growing offshore operations. The contract will ...

ABU DHABI, 14th December, 2022 (WAM) -- ADNOC drilling Company PJSC (ADNOC Drilling) (ADX symbol: ADNOCDRILL / ISIN: AEA007301012) today announced that it has signed an agreement to acquire an ...