Exciting news! Velesto secures a 5-year deal with Petronas for the NAGA 2 jack-up rig, enhancing our future prospects!  ...

Velesto’s jack-up Naga 2 has been chartered for a firm 60 months, with operations commencing in February 2026. The value of this contract was not disclosed, although the rig owner said it is “expected ...

Transocean Ltd. on the NYSE Composite operates a global offshore drilling fleet, with recent market activity, derivatives volume, and institutional ownership trends shaping attention.

HAMILTON, Bermuda, Jan. 28, 2026 /PRNewswire/ -- Borr Drilling Limited (BORR) ("Borr Drilling" or the "Company") today announced that it has completed its previously announced acquisition of five ...

Borr Drilling (NYSE:BORR) operates as an offshore drilling contractor focused on jack up units, a category associated with shallow water development and workover activity. The business is often ...

HAMILTON, Bermuda, Dec. 8, 2025 /PRNewswire/ -- Borr Drilling Limited (BORR) ("Borr Drilling" or the "Company") has entered into an agreement to acquire five premium jack-up rigs from Noble ...

Valaris Limited (NYSE:VAL) is one of the best up and coming stocks to invest in now. Earlier in May, Valaris announced its agreement to sell the jackup rig VALARIS 247 to BW Energy/BWE for ~$108 ...

KENAI, Alaska - Although the Kang Sheng Kou heavy-lift vessel brought the Endeavour-Spirit of Independence jack-up rig to Cook Inlet waters from Singapore, the Endeavour rig might have carried its own ...

PPL Shipyard, a subsidiary of SembCorp Marine has signed a rig building contract worth US$133.7 million with PT Apexindo Pratama Duta Tbk for the construction of a Baker Marine Pacific Class 375 ...

This week's offshore rig review examines the beginning of what may be a significant downward trend in jackup utilization. Worldwide offshore rig utilization moved down again this week, moving back ...