Maersk Drilling to Scrap Oldest Rig
Maersk Drilling has decided to decommission its jack-up rig Maersk Endurer amid the current over-supply of drilling rigs in the offshore market. Maersk says that the rig will be transported to...
View ArticleKeppel Acquires Cameron’s Jack-Up Rig Business
Singapore’s Keppel Offshore & Marine, the world’s largest rig builder, says it has entered into an agreement for the acquisition of Houston-headquartered Cameron International Corporation’s...
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Jack-Up Barge Grounds Off Denmark
A offshore wind farm jack-up barge has grounded in the North Sea off Denmark after its tow line parted in heavy weather. Offshore wind market service provider A2SEA has confirmed that its jack-up barge...
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Wärtsilä to Design New Offshore Maintenance Jack-Up
Helsinki-headquartered Wärtsilä says it has been awarded a contract to design a new series of jack-up vessels to serve maintenance vessels in the offshore oil and gas. The company announced Tuesday it...
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Maersk Drilling Names World’s Biggest Jack-Up, Maersk Invincible
Maersk Drilling on Friday named one of the world’s largest jack-up rig, Maersk Invincible, at the DSME shipyard in Okpo, South Korea. The rig is the last of Maersk Drilling’s four XL Enhanced (XLE),...
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Maersk Drilling Takes Delivery of Final XLE Jack-Up, Maersk Invincible
Maersk Drilling has taken delivery of its fourth XLE jack-up rig, the Maersk Invincible, from Daewoo Shipbuilding and Marine Engineering (DSME) in South Korea. The rig is the fourth and final rig in a...
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Borr Drilling to Buy Transocean’s Jack-Up Fleet for $1.4 Billion
Newly established Borr Drilling has announced plans to scoop up Transocean’s entire fleet of high specification jack-up rigs in a deal worth nearly $1.4 billion. Borr Drilling revealed Monday that it...
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Borr Drilling to Acquire Paragon Offshore in Push to Consolidate Jack-Up Rig...
By Nerijus Adomaitis OSLO, Feb 22 (Reuters) – Offshore rig firm Borr Drilling , controlled by Norwegian investor Tor Olav Troeim, is proposing to buy its rival Paragon Offshore for $232.5 million in a...
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Borr Drilling Sells Fourteen Older Jack-Up Rigs Tied to Paragon Offshore...
Norwegian drilling contractor Borr Drilling has sold 14 old jack-up rigs tied to its acquisition of Paragon Offshore. The rigs will be sold to non-drilling company and retired from the international...
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Jack-Up Specialist Shelf Drilling Falls in Oslo Debut, But Optimistic on...
By Nerijus Adomaitis OSLO, June 25 (Reuters) – A fall in equities and oil markets knocked shares in Shelf Drilling on their Oslo market debut on Monday, although the world’s largest owner of shallow...
View ArticleConocoPhillips-Chartered Jack-Up Drilling Rigs Sinks Off Malaysia
A jack-up drilling rig has sunk after one or more of its legs penetrated the seabed off the coast of Sarawak, Malaysia on Monday, Malaysia-based drilling contractor Velesto Energy has...
View ArticleKeppel Acquires Cameron’s Jack-Up Rig Business
Singapore’s Keppel Offshore & Marine, the world’s largest rig builder, says it has entered into an agreement for the acquisition of Houston-headquartered Cameron International Corporation’s...
View ArticleJack-Up Barge Grounds Off Denmark
A offshore wind farm jack-up barge has grounded in the North Sea off Denmark after its tow line parted in heavy weather. Offshore wind market service provider A2SEA has confirmed...
View ArticleWärtsilä to Design New Offshore Maintenance Jack-Up
Helsinki-headquartered Wärtsilä says it has been awarded a contract to design a new series of jack-up vessels to serve maintenance vessels in the offshore oil and gas. The company announced...
View ArticleMaersk Drilling Names World’s Biggest Jack-Up, Maersk Invincible
Maersk Drilling on Friday named one of the world’s largest jack-up rig, Maersk Invincible, at the DSME shipyard in Okpo, South Korea. The rig is the last of Maersk Drilling’s...
View ArticleMaersk Drilling Takes Delivery of Final XLE Jack-Up, Maersk Invincible
Maersk Drilling has taken delivery of its fourth XLE jack-up rig, the Maersk Invincible, from Daewoo Shipbuilding and Marine Engineering (DSME) in South Korea. The rig is the fourth and...
View ArticleBorr Drilling to Buy Transocean’s Jack-Up Fleet for $1.4 Billion
Newly established Borr Drilling has announced plans to scoop up Transocean’s entire fleet of high specification jack-up rigs in a deal worth nearly $1.4 billion. Borr Drilling revealed Monday that...
View ArticleBorr Drilling to Acquire Paragon Offshore in Push to Consolidate Jack-Up Rig...
By Nerijus Adomaitis OSLO, Feb 22 (Reuters) – Offshore rig firm Borr Drilling , controlled by Norwegian investor Tor Olav Troeim, is proposing to buy its rival Paragon Offshore for $232.5...
View ArticleBorr Drilling Sells Fourteen Older Jack-Up Rigs Tied to Paragon Offshore...
Norwegian drilling contractor Borr Drilling has sold 14 old jack-up rigs tied to its acquisition of Paragon Offshore. The rigs will be sold to non-drilling company and retired from the...
View ArticleJack-Up Specialist Shelf Drilling Falls in Oslo Debut, But Optimistic on...
By Nerijus Adomaitis OSLO, June 25 (Reuters) – A fall in equities and oil markets knocked shares in Shelf Drilling on their Oslo market debut on Monday, although the world’s...
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