Seatrium has successfully delivered a newbuild jackup rig, Var, to Borr Drilling, nearly one year ahead of schedule. It is the final newbuild rig in a series of five B Class jackup rigs that ...

Since the first jackup was built in 1954, jackups have become the most popular type of mobile offshore drilling unit (MODU) for offshore exploration and development purposes. In fact, there are ...

Indonesia’s s national energy company Pertamina has secured the jack-up rig CPOE 16 from Chinese offshore drilling contractor ...

Valaris (NYSE:VAL) -3.7% in Wednesday's trading after unveiling several deals and contract extensions for its jackup rig fleet totaling ~$125M, with plans to dispose of four rigs. In its latest ...

The shares of Jindal Drilling and Industries jumped nearly 8 percent on March 5 after the company announced that it has acquired jackup rig 'Jindal Pioneer' from Singapore-based Discovery Drilling.

KUALA LUMPUR: UMW Oil and Gas Corp Bhd has secured a charter for its Naga 8 jackup rig, says Maybank Investment Bank Research. The research house said on Monday the daily charter rate for the ...

Wacky rigs are ideal for throwing around docks during the post spawn. A wacky rig is perhaps the most subtle, natural, and non-invasive presentation bass anglers use. It’s a very slow and finessed ...

Reduced CapEx and ongoing backlog growth provide a stable foundation for navigating uncertainties and capitalizing on emerging opportunities in the jackup rig market.

100-day contract for jackup VALARIS 249 with BP offshore Trinidad. The contract is expected to commence in the first quarter 2026 in direct continuation of the rig’s previous program with ...