Borr Drilling Limited (NYSE, OSE: BORR) delivered strong financial performance in the fourth quarter of 2024, reporting a net income of $26.3 million, up 171% from the previous quarter, and total operating revenues of $263.1 million, marking a 9% increase…
UAE-based shallow water drilling contractor Shelf Drilling has formed a strategic alliance with Arabian Drilling, the largest onshore and offshore drilling company in Saudi Arabia by fleet size, to work together on international rig deployment…
ARO Drilling, a joint venture between Aramco and Valaris, and International Maritime Industries (IMI) have signed an agreement to build a new jack-up drilling rig, Kingdom 3, which will be the first to be constructed in the Kingdom of Saudi Arabia…