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 ...

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

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

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

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 ...

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