Aramco cancelled multiple offshore rig contracts last year, leading to a decline in jack-up day rates and prompting domestic drilling giants to explore contracting opportunities in the international m ...

RIG designer Seatrium Offshore Technology, a wholly owned subsidiary of Seatrium, has secured a contract from shipyard ...

International Maritime Industries (IMI), a maritime construction and repair company and the largest maritime facility in the ...

It is 70 years since Seatrium designed and built the world's first independent leg jack-up drilling rig, and it has designed ...

Borr Drilling reports strong Q4 2024 results with higher day rates and solid 2025 contracts. Explore their outlook, challenges, and market strategies.

has commenced construction of a new offshore jack-up rig, Kingdom 3 for Aramco Rowan Offshore Drilling (ARO Drilling). This follows a landmark agreement between the two companies and intended to ...

Under the alliance, Arabian Drilling will gain access to Shelf Drilling's extensive international operating platform and ...

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

Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today announced several fleet rationalization actions and issued a ...

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

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 ...