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 ...

Bermuda-based drilling contractor Borr Drilling has receiced a notice of temporary suspension of operation from Mexican state-owned oil company Pemex for three of its jack-up rigs working in the ...

CNOOC Energy Technology & Services (CenerTech) has launched a tender for the engineering, procurement and construction of a jack-up platform, aiming to revolutionise production and thermal ...

Baker Hughes (BKR) reports that the U.S. rig count is up 6 from last week to 582 with oil rigs up 7 to 479, gas rigs down 1 to 98 and miscellaneous rigs unchanged at 5. The U.S. Rig Count is down ...

The rig count in the Permian Basin was up five this week, the latest count Friday by Baker Hughes shows, with 303 rigs active in the region. A year ago, 311 rigs were active in the region.

New Delhi: Indian offshore rig operators will see their operating profits surge 30-35 per cent in the next financial year, after a 25-30 per growth in the current fiscal year, according to a ...

Sky News' deputy political editor Sam Coates and Politico's Jack Blanchard have their guide to the day ahead in British politics - for one last time, because Jack has some big news. Once that's ...

Early this morning, the Department of Justice released the report of Special Counsel Jack Smith on his investigation of Donald Trump’s attempt to overturn the result of the 2020 presidential ...

I plan to publish my findings on Valaris and Borr Drilling in the coming days, but the key takeaway is that they operate older drillships and more jack up rigs. It is also interesting to note that ...

13:00 EST Baker Hughes (BKR) reports U.S. rig count up 6 to 582 rigs Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders ...