Jack Ups News

 

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

Jul 02, 2025

Offshore drilling contractor Borr Drilling has singed new contract commitments for four of its premium jack-up rigs, which are set for deployment in the Middle East, Southeast Asia and Mexico.The new awards have a combined duration of approximately 1,300 days, including fixed priced options, and an estimated contract revenue of more than $129 million, according to Borr Drilling.In the Middle East, the Arabia II jack-up rig…

PV Drilling Takes Ownership of Noble Corporation’s Stacked Jack-Up Rig

Sep 16, 2025

Petrovietnam Drilling & Well Service Corporation (PV Drilling) has officially taken ownership of Noble Corporation’s Noble Highlander jack-up rig, which has been renamed to PV DRILLING IX.The rig has been transferred to PV Drilling’s technical team in Denmark…

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Aug 08, 2025

Cheniere Energy, through Cheniere Marketing, and JERA have signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA), running until 2050.Under the SPA, JERA has agreed to purchase approximately 1.0 million tonnes per annum…

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Aug 07, 2025

Offshore drilling contractor Shelf Drilling has secured short-term contract for the Shelf Drilling Enterprise and a contract extension for the Trident 16 jack-up drilling rigs.The Shelf Drilling Enterprise has been hired for one firm well operation in Vietnam…

Valeura Makes Progress with Multi-Well Drilling Campaign in Gulf of Thailand

Jul 08, 2025

Canada-based oil and gas company Valeura Energy has advanced its multi-well drilling campaign offshore Thaild, using Borr Drilling’s Mist jack-up rig.During the second quarter of 2025, Valeura mobilized Borr Drilling’s Mist jack-up drilling rig to Block G11/48…

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Jul 02, 2025

Offshore drilling contractor Shelf Drilling has secured a three-year contract for the J.T. Angel jack-up rig with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India.The total added contract value is approximately $40 million…

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Jul 01, 2025

Malaysia’s oil and gas services Velesto has secured a drilling contract for its NAGA 5 jack-up drilling rig by PTTEP HK Offshore and PTTEP Sarawak Oil, collectively referred as PTTEP, for its 2025 - 2026 drilling campaign in Malaysia.Under the contract…

Valeura Concludes Eight-Well Drilling Campaign in Gulf of Thailand

May 29, 2025

Canada-based oil and gas company Valeura Energy has completed an eight-well drilling campaign in license B5/27 in Gulf of Thailand with Borr Drilling’s Mist jack-up drilling rig.At its 100%-operated B5/27 license, Valeura conducted drilling operations at Jasmine C…

Velesto’s Jack-Up Rig Set for Drilling Job off Indonesia

May 23, 2025

Malaysia’s oil and gas services firm Velesto has secured a new drilling contract for its NAGA 8 jack-up drilling rig offshore Indonesia.The contract has been awarded by PC Ketapang II, PC North Madura II, and PETRONAS North Ketapang, and is set to begin in July 2025…

Velesto’s Jack-Up Rig Up for Drilling Job Offshore Vietnam

May 20, 2025

Malaysia’s oil and gas services firm Velesto has secured a drilling contract by Phu Quoc Petroleum Operating Company (PQPOC) for its NAGA 4 jack-up drilling rig, which will be put to work off Vietnam.Under the long-term contract, Velesto’s NAGA…

Valeura Energy Greenlights Wassana Oil Field Redevelopment off Thailand

May 14, 2025

Canada-based oil and gas company Valeura Energy has taken a final investment decision (FID) to redevelop the Wassana oil field in the Gulf of Thailand, committing $120 million to replace aging infrastructure and boost production.The redevelopment plan for the field…

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

Apr 24, 2025

Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has entered into a series of agreements for the funding of the drilling campaign on the Chuditch gas field, offshore Timor-Leste, which is now targeted for summer 2025…

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

Apr 11, 2025

Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has submitted environmental impact drafts for the drilling of Chuditch-2 appraisal well off Timor-Leste for public consultation.Sunda Energy…

Borr Drilling Bags Three New Assignments for its Jack-Up Drilling Rigs

Apr 08, 2025

Offshore drilling contractor Borr Drilling has secured new contract commitments for three of its premium jack-up rigs, with other rigs in its fleet also preparing for drilling jobs across the world.Borr Drilling secured new contract awards for the rigs Thor…

Eneos Scoops Jack-Up Drilling Contract Offshore Vietnam

Apr 04, 2025

Japan's Eneos Drilling, a subsidiary of Eneos Xplora, has entered into a drilling contract with Japan Vietnam Petroleum Company for the jack-up rig HAKURYU-14, for work offshore Vietnam.The rig will be deployed Block 15-2, offshore Vung Tau…

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