The retired drilling rigs might be upcycled to be used for alternative purposes or scrapped entirely. The offshore driller announced the sale of the Valaris 75 jack-up rig, which has been out of ...

Borr Drilling (NYSE:BORR) +9.3% pre-market Tuesday after announcing new contract commitments for three of its premium jack-up rigs, with other rigs in its fleet also preparing for drilling jobs.

Bermuda-based drilling contractor Borr Drilling has received a notice of temporary suspension of operation from Mexican state-owned oil company Pemex for three of its jack-up rigs working in the ...

In a filing with Bursa Malaysia, Velesto said the contract is for the provision of drilling rig services for PTTEP's drilling programme, whereby Velesto will assign its NAGA 3 for the job.