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 Saudi Arabia.

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 expected to further downsize its offshore drilling fleet and could likely hand over suspension notices to more rig contractors, as many big-ticket offshore developments including ...

Saudi Aramco has extended its contract for a standard-duty jack-up rig. Saudi Aramco has extended its contract for a Valaris Limited (NYSE: VAL) standard-duty jack-up rig, Valaris reported ...

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 ...

If Aramco is able to construct and operate the new yard to the highest standards while also supporting the schooling of Saudi offshore rig engineers in the coming years, current rig builders will ...

Saudi Aramco planned to begin drilling in the Persian Gulf this month with a jack up drilling rig purpose-built at the Kepper FELS shipyard in Singapore.

Oil and gas company Saudi Aramco is operating about 220 drilling rigs thanks to continued investment in capacity despite low oil prices, Saudi Arabia's energy minister told Sky News Arabia in a ...

Borr Drilling's Q4 results exceed expectations, but uncertainty in Saudi Arabia may bring near-term challenges to the jackup rig market. Explore more here.

Saudi Arabian Oil Co. is set to boost its use of drilling rigs to a record this year as it pushes exploration for oil and shale gas into the Red Sea, a local energy analyst said.