Jackup Rig News


Tampnet, Quvia Join Forces to Enhance AI-Driven Offshore Connectivity

Oct 28, 2025

Norwegian offshore connectivity services provider Tampnet has partnered with Quvia, an AI-powered Quality of Experience (QoE) platform, to enhance real-time network performance and reliability across offshore operations.The collaboration integrates Quvia’s software into Tampnet’s offshore network…

Valaris Adds $190M in New Offshore Drilling and Wind Contracts

Oct 28, 2025

Offshore drilling contractor Valaris has secured a series of new contracts and extensions worth about $190 million in the North Sea and Middle East regions, lifting its total contract backlog to $4.5 billion.The latest awards include a mix of…

Pemex Extends Stay for Borr Drilling’s Jack Up Rig Trio off Mexico

Oct 27, 2025

Offshore drilling contractor Borr Drilling has secured contract extensions for three of its premium jack-up rigs from Mexico’s national oil company Pemex.The rigs Galar and Gersemi have each been awarded two-year firm contract extensions that…

Client Sanctions Prompt Borr Drillings to Cancel Two Jack-Up Rig Deals

Oct 27, 2025

Offshore drilling contractor Borr Drilling has terminated two of its drilling contracts following the recent implementation of international sanctions affecting a counterparty.The terminations relate to the contracts for the Odin and Hild jack…

From Regional Champion to Global Powerhouse: Inside ADES and Shelf Drilling Fleet Merger

Oct 24, 2025

ADES is the largest jackup drilling contractor globally, with 44 rigs owned, and four under its management, and a fleet valued at $1.98 - $2.2 billion. Shelf Drilling, also among the TOP 5 jackup drilling contractors, has a modern 32-rig competitive fleet valued at $1…

Floatel Lines Up More Work for its Accommodation Rig off Brazil

Oct 24, 2025

Offshore accommodation rig provider Floatel International has signed a new Letter of Intent for its Floatel Victory vessel.Floatel Victory is set to provide Maintenance and Safety Unit (MSU) services offshore Brazil.The MSU assignment is for six to seven months…

Velesto, ICON Engineering Team Up for Rig-Installed Wellhead Platforms

Oct 23, 2025

Malaysia’s oil and gas services firm Velesto and ICON Engineering have signed an agreement to deliver Rig-Installed Wellhead Platforms (RIWHPs) for offshore oil and gas developments in Malaysia.The agreement brings together Velesto’s track record…

Saipem Scoops $135M in New Drilling Rig Contracts and Extensions

Oct 22, 2025

Saipem has strengthened its offshore drilling order intake with new contract awards and extensions worth a total amount of approximately $135 million, further reinforcing its presence in key strategic areas such as West Africa, the Mediterranean…

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Oct 21, 2025

U.K.-based Pharos Energy, an independent energy company with assets in Vietnam and Egypt, has started a six-well drilling campaign offshore Vietnam designed to lift production from two of its existing fields and open new development opportunities…

Energy Drilling’s EDrill-2 Rig Starts Ops for PTTEP in Gulf of Thailand

Oct 20, 2025

The tender-assist drilling rig EDrill-2, owned by its SED Energy Holdings’ subsidiary Energy Drilling, has started operations for PTT Exploration and Production Public Company (PTTEP) in the Gulf of Thailand.EDrill-2 mobilized to the Gulf of Thailand…

ABL Secures Rig Moving Assignment with India's ONGC

Oct 15, 2025

ABL has been appointed through United India Insurance (UIIC) to oversee India’s Oil and Natural Gas Corporation (ONGC) rig moves between September 2025 and May 2026.Under the contract, ABL will act as marine warranty surveyor for an anticipated 25 ONGC rig moves…

Chevron Set to Drill Exploration Well off Suriname Later in October

Oct 13, 2025

Chevron Suriname Exploration, a subsidiary of U.S. oil major Chevron, is about to start drilling the Korikori-1 exploration well in Block 5, offshore Suriname.The drilling operation, planned to start later in October, will be conducted with Noble Corporation’s Noble Regina Allen jack-up rig…

Deepsea Yantai Semi-Sub Cleared for OKEA Drilling Job

Oct 09, 2025

The Norwegian Ocean Industry Authority (Havtil) has granted OKEA a consent to use Deepsea Yantai semi-submersible rig for production drilling on the Draugen field in the Norwegian Sea.Draugen is a field in the southern part of the Norwegian Sea…

Dolphin Drilling Secures Repsol Job for its Warm-Stacked Drilling Rig

Oct 07, 2025

Offshore drilling contractor Dolphin Drilling has signed a contract with Repsol for its Borgland Dolphin semi-submersible drilling rig, valued approximately $60 million.The contract follows the letter of intent the companies signed in September 2025…

Ventura Offshore’s Semi-Sub Rig to Keep Drilling for Eni in Asia

Oct 03, 2025

Eni has exercised an option to keep a semi-submersible rig from Ventura Offshore Midco, a subsidiary of Brazilian offshore drilling contractor Ventura Offshore, operational offshore Indonesia.This is the second of four optional wells exercised…

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