Since the first jackup was built in 1954, jackups have become the most popular type of mobile offshore drilling unit (MODU) for offshore exploration and development purposes. In fact, there are ...
Esgian reports that offshore drilling contractors secured additional backlog in the U.S. Gulf of Mexico, Egypt, Nigeria, and Brazil and operators confirmed new discoveries in Indonesia, Côte d’Ivoire, ...
This week's offshore rig review looks at the combined Transocean-GlobalSantaFe fleet in comparison with other drilling contractor's fleets. With the recent announcement of the proposed merger of ...
Singapore’s Seatrium has delivered its latest rig to Adnoc Drilling of the United Arab Emirates; the jack-up AlSila is the second jack-up that Borr Drilling has novated to Adnoc Drilling. On Tuesday, ...
The stock has declined over 40% year-to-date, impacted by Saudi Aramco's decision to halt production increases and release jackup rigs. The long-term investment thesis remains intact, supported by ...
HAMILTON, Bermuda, Dec. 8, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) ("Borr Drilling" or the "Company") has entered into an agreement to acquire five premium jack-up rigs from Noble ...
Capacity in Borr's industry is virtually sold out, with utilization rates currently standing at 94%. The company has locked in forward revenues at highly favorable day rates, with further room to add ...
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