Courtesy Valaris
North Sea & Europe

Report: Carbon capture opportunities may drive North Sea jackup demand

Dec. 1, 2023
CCS projects are requiring the drilling of new wells and also P&A work, says Evercore ISI.


Courtesy International Maritime Industries (IMI)
Photo 158539883 © Elnur | Dreamstime.com
Painting by Sneha Prateek; Courtesy Valaris Ltd. LinkedIn
Courtesy Velesto

ABL supporting Velesto rig moves in southeast Asia

Nov. 6, 2023
Velesto Drilling has contracted ABL to perform a marine warranty survey for its rig moves offshore Malaysia.
Courtesy Valaris
Valaris Semisub
Drilling & Completion

Valaris negotiates drilling contracts, extensions for multiple floaters, jackups

Nov. 3, 2023
Valaris has issued details of new offshore drilling contract awards and extensions in its latest fleet status report.
Courtesy Noble Corp.
The Noble Valiant drillship operates under the Singapore flag.

Noble details latest contracts for drillship, jackup fleet

Nov. 1, 2023
Noble's Corp’s floating drilling unit fleet was 92% contracted during the third quarter, the company said in its latest results statement.
Courtesy ARO Drilling LinkedIn
Aro Drilling Jackup

ARO Drilling arranges term loan for two Aramco jackups

Oct. 31, 2023
ARO Drilling, Valaris’ joint venture with Saudi Aramco, has secured finance for its first two newbuild jackups.
Photo 14820043 © Nightman1965 | Dreamstime.com
Jackup Rig In Shipyard Dreamstime M 14820043

Upcycle in rig demand creates lean inventory in shipyards

Oct. 31, 2023
Investors, drilling contractors snapping up ‘stranded’ newbuilds.