The Brazilian oil giant wants a unit to carry out abandonment and plugging work on offshore wells at ageing shallow-water ...

Few markets present supply and demand fundamentals as compelling as those in the jack-up rig market. Tight supply conditions also characterize the offshore service vessel market, but supply may be ...

International Maritime Industries (IMI), a leading maritime construction and repair company and the largest maritime facility in the MENA region, finalised and activated a landmark agreement with ...

Offshore drilling contractor Seadrill has completed the sale of its jack-up rig West Prospero for $45m. Built in 2007, the West Prospero is an independent-leg cantilever jack-up rig with an ...

Saudi oil and gas drilling contractor ADES Holding has secured a $21.8 million drilling contract with Brittania-U for its ...

said that reason for them buying a rig is because the rig demand has been going up for exploration and production along with the oil prices. Advisory Alert: It has come to our attention that ...

Saudi Arabia - International Maritime Industries (IMI), a leading maritime construction and repair company and the largest maritime facility in the MENA region, finalised and activated a landmark ...

Chinese rig builder Dalian Shipbuilding Offshore Company (DSOC) has signed an initial agreement to sell one of its jack-up rigs to an unnamed buyer. Although the deal has not yet been finalised ...

Seadrill said Thursday it completed the sale of its West Prospero jack-up rig for $45 million in cash proceeds. The West Prospero was built in 2007, and operated in Northeast Africa as well as ...

Mitsui O.S.K. Lines (MOL) has signed a long-term charter contract for three newbuilding very large ethane carriers (VLECs) with SCG Chemicals… ...