Jack Up Rig News


Vår Energi Secures Permits to Drill North Sea Wildcat Wells

Jul 13, 2026

The Norwegian Offshore Directorate (NOD) has granted drilling permits to Vår Energi for two wildcat wells in North Sea offshore Norway.The first permit is for wellbore 35/6-7 S in production license 929, operated by Vår Energi with 40% stake…

Arabian Drilling Set to Resume Ops with Three Offshore Rigs

Jul 13, 2026

Saudi Arabian drilling contractor Arabian Drilling has received approval to resume operations for three offshore drilling rigs that had been temporarily suspended earlier this year, with the units expected to return to work within weeks.The suspensions…

Baker Hughes Lands Cheniere’s Sabine Pass LNG Expansion Work

Jul 09, 2026

Baker Hughes has secured three awards for Cheniere's Sabine Pass LNG facility in Louisiana, covering liquefaction equipment for Train 7 and a boil-off gas re-liquefaction unit, as well as fleet-wide gas turbine technology upgrades.The contract…

From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced

Jul 08, 2026

Premium jackup dayrates have improved from 2025 lows and are now holding within a higher range, but pricing remains uneven across fixtures and geographies. That is important, but dayrates are only the starting point. On their own, they say very…

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Jul 08, 2026

Eni Muara Bakau, a subsidiary of Eni-Petronas joint venture Searah, has extended a drilling job for Ventura Offshore’s SSV Catarina semi-submersible rig, operating offshore Indonesia.Eni Muara Bakau has exercised an option for a fourth well and a tophole in Indonesia for the the SSV Catarina…

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Jul 08, 2026

Dolphin Drilling has secured a further extension for its deepwater-capable semi-submersible rig Blackford Dolphin with Oil India, keeping the rig on contract until at least August 28, 2026.The extension will allow completion of drilling, testing…

Deepsea Mira Rig Wraps Up Shell's Drilling Job off Namibia

Jul 06, 2026

Deepsea Mira drilling rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling, has completed a drilling contract with Shell offshore Namibia, and is demobilizing to Walvis Bay for planned upgrades and modifications ahead of future operations…

Norway Averts Offshore Drilling Workers Strike with New Wage Deal

Jul 06, 2026

Norway's unions representing workers on drilling rigs and floating production platforms reached a wage deal on Thursday evening, ahead of a midnight deadline to avert a strike, labour unions and the employers' association said.The unions had…

Norway Seeks to Avert Offshore Strike Through Mediation

Jul 02, 2026

Norwegian unions representing offshore drilling rig and floating platform workers entered state-mediated wage talks on Wednesday, aiming to avert a strike from Friday that could affect parts of the country's oil and gas sector.The three unions…

Transocean Nets $1B Rig Deals with Equinor Offshore Norway

Jul 01, 2026

Offshore drilling contractor Transocean has signed a conditional agreement with Equinor for the use of three harsh-environment semi-submersible rigs on the Norwegian continental shelf, adding more than $1 billion to its contract backlog.The agreement…

Eldorado-Vantage Merger Signals Continued Offshore Drilling Consolidation

Jun 29, 2026

On 29 May 2026, Vantage Drilling International and Eldorado Drilling signed a merger agreement under which Eldorado will acquire Vantage, making it a wholly owned subsidiary. As part of the transaction, Vantage shareholders will receive $19 per share in cash…

Equinor All Set for Drilling Ops in North Sea

Jun 29, 2026

The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 30/8-7 S in production license 190. Equinor is the operator of the license with 50% stake, while its…

Markets: Middle East OSV Market at a Crossroads After Gulf Conflict

Jun 25, 2026

After several years of strong activity, the Middle East offshore market has become more volatile, with geopolitical tensions disrupting day-to-day operations. Following US and Israeli military action and subsequent Iranian attacks on neighbouring Gulf states…

ONGC Completes 44 Offshore Rig Moves Ahead of Monsoon Season

Jun 25, 2026

India's Oil and Natural Gas Corporation (ONGC), supported by energy and marine consultancy ABL, has completed the relocation of 44 jack-up rigs ahead of the monsoon season.The pre-monsoon rig moves were carried out between March 15 and May 31…

Current News

Oil Rises 2% as Middle East Hostilities Escalate

Sunda Energy Applies for Exploration Permit Offshore New Zealand

Unity Enters Asia-Pacific Market with Malaysia P&A Work

Oil Surges to Four-Week High as US-Iran Trade Blows

Velesto Terminates NAGA 3 Jack-Up Rig Sale to Indonesian Firm

Noble Gets $136M Brunei Drillship Job

James Fisher, Aquaterra Launch Global Decommissioning Partnership

Tetragon Energy Advances Oil and Gas Exploration Activities off Philippines

Arabian Drilling Set to Resume Ops with Three Offshore Rigs

Oil Jumps 3% on Renewed US-Iran Conflict

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