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 ...

Petrobras received the PA-38 jack-up rig for Guaricema field shallow water well decommissioning about 9 km from the coast of Brazil. Petrobras is investing in disposal of 26 offshore production ...

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.

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 ...

Middle East drilling player ADES has signed a long-term renewal deal with Saudi Aramco for one of its offshore jack-up rigs, the contract for which was suspended last year by the state giant.