Few markets present supply and demand fundamentals as compelling as those in the jack-up rig market. Tight supply conditions also characterize the offshore service vessel market, but supply may be ...

Saudi oil and gas drilling contractor ADES Holding has secured a $21.8 million drilling contract with Brittania-U for its ...

International Maritime Industries (IMI), a leading maritime construction and repair company and the largest maritime facility in the MENA region, finalised and activated a landmark agreement with ...

The Brazilian oil giant wants a unit to carry out abandonment and plugging work on offshore wells at ageing shallow-water ...

Saudi Arabia’s first locally built offshore jack-up rig. KINGDOM 3 represents a historic achievement for Saudi Arabia’s maritime sector, marking a transformative step toward establishing the Kingdom ...

Chinese rig builder Dalian Shipbuilding Offshore Company (DSOC) has signed an initial agreement to sell one of its jack-up rigs to an unnamed buyer. Although the deal has not yet been finalised ...