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

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

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 ...

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

Shallow-water drillers Borr and Shelf have reported contractual updates including a rig suspension in Mexico and a disposal ...

Egyptian authorities say an oil-drilling ship capsized in the Gulf of Suez, killing at least four crewmen and leaving four ...

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Offshore drilling contractor Shelf Drilling has secured a three-year contract for the J.T. Angel jack-up rig with Oil and ...

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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 ...

Valaris Ltd. VAL, an offshore drilling contractor, has mobilized its 123 jack-up rig toward the Selene well in the Southern North Sea. The Valaris 123 jack-up rig is slated to drill the Selene ...