Furie Operating Alaska on Monday announced they’d renewed a lease with a Hilcorp subsidiary to use their jack-up rig this ...

Equinor contracted Island Drilling, Archer Oiltools and Baker Hughes for well plugging services for wells offshore Norway.

Since the first jackup was built in 1954, jackups have become the most popular type of mobile offshore drilling ... stationed on ocean floor and the drilling equipment is jacked up above the ...

Transocean (NYSE:RIG – Get Free Report) had its price objective lowered by equities research analysts at Morgan Stanley from $5.00 to $4.00 in a research note issued on Thursday,Benzinga reports. The ...

Offshore rig demand Increased utilization and higher day rates for semisubmersibles and other mobile drilling equipment has resulted from the pick up in offshore development. Mobile drilling ...

Shares of Transocean Ltd. (NYSE:RIG – Get Free Report) have earned a consensus rating of “Hold” from the ten brokerages that are currently covering the company, Marketbeat.com reports. One analyst has ...

The Norwegian major will dedicate a specialised rig for the programme to plug 15 to 20 wells annually for a total of nine ...

Jackup Rigs Market Jackup Rigs Market Increasing offshore drilling activities & demand for shallow-water exploration drive market growth.</ ...

Transocean Ltd.’s RIG semi-submersible drilling rig, Transocean Barents, is making its way to the Neptun Deep project for a 10-well drilling mission, marking a significant phase in Romania’s ...

Total work related to integrated plugging services over the next seven years is estimated at about NOK 3.5 billion ...

Equinor has awarded a three-year contract for well plugging on its operated fields on the Norwegian continental shelf (NCS) ...