Read here for an analysis of Borr Drilling's position in the jack-up market and its financial outlook with a focus on supply ...

Dalian Shipbuilding Offshore Company (DSOC) is progressing towards an agreement to sell one of its jack-up rigs to a Turkish ...

ONGC is the largest operator of jack-up rigs in South Asia and the Indian public sector giant operates a fleet of more than ...

Offshore drilling contractor Seadrill has completed the sale of its jack-up rig West Prospero for $45m. Built in 2007, the West Prospero is an independent-leg cantilever jack-up rig with an ...

ADNOC Drilling said its two new jack-up rigs have arrived in the UAE, and will start operating by Q1. This takes the fleet size to 142 rigs, making the company among the largest rig fleet owners in ...

Seadrill Limited SDRL, a U.S.-based offshore drilling contractor, has concluded the sale of its jack-up rig, West Prospero. The company received cash proceeds of $45 million following the sale.

Seadrill Ltd. has sold the West Prospero rig to an undisclosed ... with Gulf Drilling. “We believe that our strengthened liquidity position upon completion of the jack-up sale, coupled with ...

A jack-up rig is a mobile platform which can be used for exploratory oil and gas drilling after being transported by tugs or other ships. President and Chief Executive Officer, Simon Johnson ...

Seadrill's divestment of West Prospero aligns with the company's broader objective to withdraw from the benign jack-up market.

We recently published a list of the 12 Best Long-Term Penny Stocks to Buy According to Hedge Funds. In this article, we are ...