The latest update is out from Borr Drilling ( (BORR) ).

This week's offshore rig review examines the beginning of what may be a significant downward trend in jackup utilization. Worldwide offshore rig utilization moved down again this week, moving back ...

Borr Drilling (NYSE:BORR) +9.3% pre-market Tuesday after announcing new contract commitments for three of its premium jack-up rigs, with other rigs in its fleet also preparing for drilling jobs. Borr ...

Valaris Limited (NYSE:VAL) is one of the best up and coming stocks to invest in now. Earlier in May, Valaris announced its agreement to sell the jackup rig VALARIS 247 to BW Energy/BWE for ~$108 ...

SAN FRANCISCO (CBS.MW) -- Pride International said Thursday it has signed an intent letter to sell its Pride Kentucky and Pride Illinois jackup rigs for $11 million in cash. The drilling contractor ...

The international jack-up drilling heavyweights Shelf Drilling and Borr Drilling are seeing an improvement in market conditions and are looking optimistically at full fleet utilisation in 2022. Both ...

Borr Drilling benefits from strong demand for shallow-water drilling and a constrained supply of jackup rigs. The recent sell-off triggered by Saudi Aramco's announcement does not change the ...

PPL Shipyard, a subsidiary of SembCorp Marine has signed a rig building contract worth US$133.7 million with PT Apexindo Pratama Duta Tbk for the construction of a Baker Marine Pacific Class 375 ...

ADNOC Drilling has been awarded a $1.15 billion, 15-year contract by ADNOC Offshore to operate two of its newest and most advanced jack-up rigs, extending the company's offshore drilling operations ...

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 ...

Van Oord has decided to use the option of ordering a third trailing suction hopper dredger at Keppel FELS Limited. The vessel is similar to the two vessels that Van Oord ordered in May 2018. Each one ...