Aramco cancelled multiple offshore rig contracts last year, leading to a decline in jack-up day rates and prompting domestic ...

Valaris Limited ("Valaris" or the "Company") today announced several fleet rationalization actions and issued a Fleet Status Report. Fleet Rationalization Actions The Company recently decided to ...

Q4 2024 Earnings Call Transcript February 13, 2025 Operator: Good day, and welcome to the Nabors Industries Ltd. Fourth ...

Good day. And welcome to the Nabors Fourth Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be ...

ARO Drilling, a joint venture between Aramco and Valaris, and International Maritime Industries (IMI) have signed an ...

Arabian Drilling will gain access to the UAE-based firm’s extensive international operating platform and diverse customer ...

Arabian Drilling is the largest onshore and offshore drilling company in Saudi Arabia by fleet size. Shelf Drilling is a ...

Bermuda-based drilling contractor Valaris has decided to retire three semi-submersible rigs from its global fleet and focus on high-specification units. Valaris on Tuesday confirmed that the semisubs ...

IMI and ARO Drilling commence construction of first Saudi-built jack-up rig. Find the latest news from the maritime industry on the PortNews website.

Despite cash flow setbacks, Nabors Industries Ltd (NBR) leverages international opportunities and strategic partnerships to ...

NBR expects capital expenditures to range from $195-$205 million, with $80-$85 million earmarked for new builds in Saudi ...