Chinese rig builder Dalian Shipbuilding Offshore Company (DSOC) has signed an initial agreement to sell one of its jack-up rigs to an unnamed buyer. Although the deal has not yet been finalised ...

Few markets present supply and demand fundamentals as compelling as those in the jack-up rig market. Tight supply conditions also characterize the offshore service vessel market, but supply may be ...

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

The agreement has formalised the purchase of the advanced S116E jack-up rig model, known for its cutting-edge technology and innovative design – a notable milestone in the region's maritime history.

Baker Hughes (BKR) reports that the U.S. rig count is up 6 from last week to 582 with oil rigs up 7 to 479, gas rigs down 1 to 98 and miscellaneous rigs unchanged at 5. The U.S. Rig Count is down ...

The rig count in the Permian Basin was up five this week, the latest count Friday by Baker Hughes shows, with 303 rigs active in the region. A year ago, 311 rigs were active in the region.

Reports have also been doing the rounds that Freedom 125 sales have not picked up on expected lines since customers do not like the idea of sweating it out in long queues along with three-wheelers ...

Sky News' deputy political editor Sam Coates and Politico's Jack Blanchard have their guide to the day ahead in British politics - for one last time, because Jack has some big news. Once that's ...