Jack Ups News


ADNOC Drilling Secures 15-Year Contract for Two Rigs

May 28, 2025

ADNOC Drilling has been awarded a $1.15 billion, 15-year contract for two jack-up rigs by ADNOC Offshore in support of its growing offshore operations.The new rigs represent the latest generation of jack-up rigs and have been prepared for operations at the Lamprell shipyard in Sharjah…

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…

Cadeler Buys Newly Built Jack-Up WTIV for O&M Services

May 22, 2025

Danish offshore wind installation firm Cadeler has agreed acquire the Boqiang 3060, a newly-constructed jack-up wind turbine installation vessel (WTIV), from Shanghai Boqiang Heavy Industry Group.The acquisition will enhance Cadeler’s capacity…

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…

Aramco, ADES Ink 10-Year Contract Renewal for Previously Suspended Jack-Up Rig

May 19, 2025

Saudi oil and gas drilling contractor ADES Holding has signed a contract renewal with Aramco for one of its previously suspended offshore jack-up.The unit was among the suspended rigs that were previously operating in the Kingdom of Saudi Arabia…

ARO Drilling Inks Contract Extensions with Aramco for Five Jack-Up Rigs

May 13, 2025

Saudi Arabian state-owned oil giant Aramco has signed contract extension with ARO Drilling, its 50-50 joint venture with Valaris, for five jack-up drilling rigs.The contract, deemed as significant by ARO Drilling, marks a key milestone in the…

Sentinel Subsea Completes Well Monitoring Job in North Sea

May 06, 2025

Sentinel Subsea has completed the project for North Sea oil and gas operator, which involved the deployment of two WellSentinel Coral systems for well integrity monitoring operation.The project supported a large-scale drilling operation, with…

Valaris Sells Jackup to BW Energy

May 05, 2025

Valaris has agreed to sell jack-up drilling rig VALARIS 247 to BW Energy for cash proceeds of approximately $108 million.The sale is expected to close in the second half of 2025, subject to customary closing conditions. As part of the sales agreement…

BW Energy Takes FID for Maromba Field Offshore Brazil

May 05, 2025

BW Energy has made a final investment decision (FID) for the Maromba development offshore Brazil, which will feature an integrated drilling and wellhead platform (WHP) and a refurbished floating production, storage and offloading (FPSO) unit…

Valaris Lifts Contract Backlog for its Drilling Rigs to $4.2B

May 01, 2025

Offshore drilling company Valaris has secured over $1 billion of new contracts and extension for its drilling rigs since its previous fleet status report published mid-February 2025.Valaris’ contract backlog, excluding lump sum payments such as mobilization fees and capital reimbursements…

Rex’s Akrake Signs Deal for Production Vessels at Seme Field off Benin

Apr 29, 2025

Akrake Petroleum, Rex International's indirect subsidiary, has signed contracts for a Mobile Production Unit (MOPU) and an Aframax tanker to be used as a Floating Storage and Offloading (FSO) unit for its Seme field, off Benin.The MOPU will be converted from a medium-sized drilling rig…

ScottishPower's Monopile Installation Sets Foundation for Record-Breaking Offshore Windfarm

Apr 25, 2025

The offshore construction program for ScottishPower’s biggest-ever renewables project is officially underway with the installation of the first foundation for the green energy company’s USD$5.3 billion (£4 billion) East Anglia THREE offshore windfarm…

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…

Pulling the Plug on Old Offshore Wells

Apr 14, 2025

Well-Safe Solutions, a seven-year-old company with already more than 400 employees and 100 well decommissioning projects under its belt, relies on its fleet – two semisubmersibles and one jack-up – but more so on its engineering acumen to successfully…

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…

Current News

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Brownfield Output Decline Accelerates, says IEA

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

Hanwha Ocean Enlists ABB for Singapore’s First Floating LNG Terminal

Aquaterra Energy Nets Subsea Analysis Contracts with INPEX off Indonesia

POSH Set to Tow Nguya FLNG from China to Eni’s Congo Field

Chinese Contractor Secures Offshore Oil and Gas ‘Mega Deal’ from QatarEnergy

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