Jack Ups News


Seatrium Wins Saudi Jack-up Contract

Feb 19, 2025

Seatrium Offshore Technology has won an international tender from International Maritime Industries (IMI), the largest shipyard in the MENA region, for the supply of equipment and license for a LeTourneau Super 116E Class Self-Elevating Drilling Unit (SE-MODU)…

Vantage Drilling Names New COO

Dec 31, 2024

Offshore drilling contractor Vantage Drilling has appointed William Thomson to the role of Chief Operating Officer (COO).Thomson will assume the additional role of COO with effect January 1, 2025, reported Ihab Toma, Chief Executive Officer…

ADNOC Drilling Welcomes Two New Rigs to Its Fleet

Dec 27, 2024

Al Jurf and Dana jack-up rigs (Credit: ADNOC Drilling)Abu Dhabi’s offshore drilling contractor ADNOC Drilling has boosted its offshore drilling rig feet with the arrival of two new high-specification jack-up rigs.The new jack-up rigs, Al Jurf and Dana…

Vantage Drilling Concludes Sale of Two Jack-Ups to ADES

Oct 31, 2024

Offshore drilling contractor Vantage Drilling has completed the sale of two premium jack-up rigs to ADES Holding Company, contracted for work in Southeast Asia.The sale includes the Topaz Driller jack-up rig, operating in the Malaysia-Thailand joint development area…

Mammoet Assists with Noble’s Regina Allen Jack-Up Repair

Oct 28, 2024

Mammoet has been hired by shipbuilder and ship repair company Damen Shiprepair to assist with a jack-up leg repair for the Noble Corporation drilling rig Noble Regina Allen, reducing the downtime of the rig during retrofit process.Initially…

Shelf Drilling Finalizes Baltic Rig Sale

Sep 23, 2024

Offshore drilling contractor Shelf Drilling has closed the sale of its Baltic jack-up rig for $60 million with an undisclosed client.Shelf Drilling said the buyer intends to deploy the rig on a multi-year, plug and abandonment (P&A) program in Malaysia…

Shelf Drilling to Consolidate Jack-Up Fleet and Resolve Funding Gaps via Triangular Merger

Sep 16, 2024

UAE-based offshore drilling firm Shelf Drilling (SHLF) has initiated a business consolidation plan via triangular merger between its indirect subsidiary SHLF MergCo, Shelf Drilling North Sea (SDNS), as the surviving entity in the proposed merger…

ADES Buys Two Jack-Ups from Vantage Drilling in $190M Deal

Sep 09, 2024

Saudi oil and gas driller ADES Holding has acquired two premium jack-up drilling rigs from Vantage Drilling, contracted in Southeast Asia, for $190 million.The transaction encompasses the direct asset acquisition of the Topaz jack-up rig, contracted…

Shelf Drilling Sells Baltic Jack-Up Rig

Jul 30, 2024

Offshore drilling contractor Shelf Drilling has signed an agreement for the sale of Baltic jack-up rig for $60 million with an undisclosed client.The buyer intends to deploy the rig on a multi-year, plug and abandonment (P&A) program in Southeast Asia…

Borr Drilling Scoops $332M in Three Jack-Up Rig Contracts

Jul 26, 2024

Offshore drilling contractor Borr Drilling has secured contracts for three of its premium jack-up drilling rigs, which will be put to work in Brazil, Malaysia and Gabon.These contract and extensions for Borr Drilling’s Arabia I, Gunnlod and Norve jack-ups cover a total of 1…

Seadrill Completes Jack-ups Sale in Qatar

Jun 25, 2024

Offshore drilling contractor Seadrill on Tuesday announced it has completed the sale of its three rig jack-up fleet in Qatar.The previously disclosed sale sees the company divest the West Castor, West Telesto and West Tucana, as well as its…

Noble Corporation and Diamond Offshore Enter Merger Creating 41 Rig Units Fleet

Jun 10, 2024

Noble Corporation has entered into a definitive agreement to acquire Diamond Offshore, creating a fleet of 41 rigs - including 28 floaters and 13 jack-ups, and a combined backlog of approximately $6.5 billion.Noble will acquire Diamond in a stock plus cash transaction…

Seadrill to Sell its Qatar Jack-up Fleet

May 16, 2024

Offshore drilling contractor Seadrill on Thursday announced it has reached a deal to sell its three-rig fleet of jack-ups in Qatar.The definitive agreement will see Seadrill sell the rigs West Castor, West Telesto and West Tucana, as well as…

ADES Holding Finds Work in Egypt for Recently Suspended Jack-Up Rig

May 06, 2024

Saudi oil and gas drilling contractor ADES Holding has secured a contract from Suez Oil Company (SUCO) for a 21-month jack-up drilling work in the Gulf of Suez, offshore Egypt.The contract, whose firm term is valued at $42.9 million (SAR 161 million)…

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