Perro Negro 7 is a state-of-the-art jack-up rig, designed to operate in waters up to 375 ft deep and drill wells up to 9,100m ...

The jack-up market is characterized by some of the tightest supply conditions in the maritime sector. Approximately 30% of the global fleet has been operating for 30 years or more. The order book ...

Varada-HVR Drilling is a marriage of two drilling start-ups presently with five jack-up rigs being built in India and China for delivery by December 2014. The combined fleet size will have a value of ...

Malaysia’s Velesto Energy has agreed to sell for $63 million cash its jack-up drilling rig Naga 3 to Indonesia Drilling Energy. Following its acquisition by Indonesia Drilling, Naga 3 is slated for ...

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

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 ...

PPL Shipyard, a subsidiary of SembCorp Marine, has been awarded a contract by Offshore Group Corp to build a Baker Marine Pacific Class 375 (BMC Pacific 375) Deep Drilling Offshore Jack-up Rig at a ...

Explore what topside means for offshore rigs. Understand its structure, key components, and importance in oil extraction processes.