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Saudi Aramco, the world’s largest oil exporter, has suspended multiple jack-up rig contracts with at least six leading drilling contractors as it moves to fine-tune its offshore drilling fleet ...

Exciting news! Arabian Drilling secures $365M in contract extensions for 5 jack-up rigs. Strengthening partnerships with ...

Offshore drilling firm Shelf Drilling has secured a five-year extension with Saudi oil and gas giant Aramco for its High Island V jack-up drilling ...

Saudi Aramco now has an unprecedented 100 drilling rigs operating with the addition of the renovated SAR 101. By the end of the year, the company expects to have 121 rigs in the field.

Saudi Aramco is diversifying its operations, ... The first vessels and rigs are expected to be built from 2019 onwards, while full production capacity is projected to be reached in 2022.

Saudi Aramco has extended its contract for a Valaris Limited (NYSE: VAL) standard-duty jack-up rig, Valaris reported Wednesday. Under the latest award, Aramco secures the VALARIS JU-140 for an ...

Saudi Aramco, as the world’s largest crude exporter is known, will probably use about 163 rigs this year, up from 133 at the end of 2012, said Sadad al-Husseini, who founded Husseini Energy, an ...

It is Saudi Aramco’s second fully owned and operated jack up. With a 54-motor jacking system and legs more than 400 ft long, the rig can drill to as deep as 30,000 ft. It has six generators able ...

shaunl/E+ via Getty Images. Borr Drilling (NYSE:BORR) said Wednesday it received a notice of temporary suspension of operation for up to 12 months for its Arabia II rig, which was on charter in ...