Exciting news for Borr Drilling as they secure $129M in new contracts for four jack-up rigs!  These rigs will soon make ...

"Velesto Energy secures new drilling contract in Malaysia" was originally created and published by Offshore Technology, a ...

A jack-up rig is a mobile platform that can be transported and deployed in different areas. Furie’s release says the Spartan-151 can be used at water depths of up to 151 feet, drilling up to ...

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Velesto Energy Bhd's unit, Velesto Drilling Sdn Bhd, has clinched drilling contracts from PTTEP HK Offshore Ltd and PTTEP ...

Malaysian drilling contractor Velesto Energy has landed a firm 15-well campaign for Thailand’s national upstream company ...

Jack-up rigs are used in shallow waters up to around 500 feet and can drill beyond 5.6 miles. Their long legs — which reach the seabed and elevate the platform above the surface — offer a ...

Malaysia’s oil and gas services Velesto has secured a drilling contract for its NAGA 5 jack-up drilling rig by PTTEP HK ...

Shelf Drilling, Ltd has announced that it has received a three-year contract award for the J.T. Angel jack-up rig with Oil ...