The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilization hitting the lowest levels recorded since recovery began in 2021. A variety of factors ...
Two brand new jack-up rigs are set to join the fleet of Adnoc Drilling, a subsidiary of state-owned giant Abu Dhabi National Oil Company, boosting its fleet to 142 rigs. High-specification jack-up ...
HAMILTON, Bermuda, Dec. 8, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) ("Borr Drilling" or the "Company") has entered into an agreement to acquire five premium jack-up rigs from Noble ...