Public sector giant plans to invest between $3 billion and $4 billion during ongoing financial year, mostly on offshore ...

Seatrium has successfully delivered a newbuild jackup rig, Var, to Borr Drilling, nearly one year ahead of schedule. It is the final newbuild rig in a series of five B Class jackup rigs that ...

Since the first jackup was built in 1954, jackups have become the most popular type of mobile offshore drilling unit (MODU) for offshore exploration and development purposes. In fact, there are ...

Valaris has one of the largest exposures to the jackup rig market. The company generated revenues of $213.7 million from the segment in Q3-24, representing ~33% of total revenues. If we include ...

Aro Drilling’s newbuild jack-up drilling rig programme is continuing in Saudi Arabia with a drilling equipment package recently awarded to National Oilwell Varco (NOV). This will be the third newbuild ...