An estimated 12 jack-up drilling rigs are subject to contract suspensions by the Mexican national oil company Pemex, but ...

BEIJING/URUMQI, Feb. 20 (Xinhua) -- China National Petroleum Corporation (CNPC) announced Thursday that it has completed the ...

Valaris Limited VAL, an offshore drilling services provider, has announced that it will permanently retire three semi-submersible rigs as part of its efforts to streamline its drilling fleet.

Borr Drilling reports strong Q4 2024 results with higher day rates and solid 2025 contracts. Explore their outlook, challenges, and market strategies.

The company is also recruiting for its onshore and offshore teams, and plans to increase its staff by 75% in the coming year.

The 625 million acres is roughly equivalent to 976,562.5 square miles. Considering that the total land area of the United ...

The LeTourneau Super 116E Class design was selected. International Maritime Industries (IMI) has awarded a tender to Seatrium Offshore Technology for the supply of equipment and license for a ...

Seatrium secures jack-up rig contract with International Maritime Industries. Find the latest news from the maritime industry on the PortNews website.

BEIJING/URUMQI, Feb. 20 (Xinhua) -- China National Petroleum Corporation (CNPC) announced Thursday that it has completed the drilling of the deepest vertical well in Asia, as a borehole reached a ...

HighlightsCompleted 17 drill holes out of a planned 37 holes in Phase 2 for 4,759m of diamond drilling. Assay results ...

It is 70 years since Seatrium designed and built the world's first independent leg jack-up drilling rig, and it has designed ...