International Maritime Industries (IMI), a maritime construction and repair company and the largest maritime facility in the Mena region, has commenced construction of a new offshore jack-up rig, ...

Public sector giant plans to invest between $3 billion and $4 billion during ongoing financial year, mostly on offshore ...

The signing ceremony took place at the iktva Forum & Exhibition held in Dhahran Expo from 13-16 January 2025 ...

Aro Drilling’s newbuild jack-up drilling rig programme is continuing in Saudi Arabia with a drilling equipment package recently awarded to National Oilwell Varco (NOV). This will be the third newbuild ...

ADES Holding Co. announced that its jackup drilling unit, “Admarine 501”, has been awarded a contract by Nkuku Ikon Petroleum ...

Under the agreement, the Saudi company will drill two wells, with an option for two additional wells with a total estimated ...

Provision of offshore drilling and workover jack-up rigs ...

Q4 2024 Earnings Call Transcript February 5, 2025 Operator: Good day, ladies and gentlemen, and thank you for standing by.

President Trump’s “Drill, baby, drill” initiatives may cause a demand spike for offshore drillers. Trump signed an executive ...

Welcome to the NOV 4th quarter 2024 Ernie's conference call. (Operator Instructions). I would like to turn the conference over to Ms. Amie D'Ambrosio. Ma'am, you may begin. Amie D’Ambrosio Welcome, ...

KBC Group NV raised its stake in Valaris Limited (NYSE:VAL – Free Report) by 63.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,929 shares of the company’s stock after ...

The defence sector stock fell 6.30% to Rs 1245 on BSE. Cochin Shipyard’s market cap slipped to Rs 33,990 crore.