Two leading Norwegian offshore drilling contractors have today highlighted the prospect that the current supply of modern jack-up and semi-submersible drilling rigs will not match market demand.

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 ...

Borr Drilling has secured new contract commitments for three of its premium jack-up rigs, marking significant fleet updates. In South East Asia, the Thor rig received a binding letter of award from ...

Adnoc Drilling Company on Tuesday announced the award of a $1.15 billion, 15-year contract for two jack-up rigs by Adnoc Offshore in support of its growing offshore operations. The contract will ...

Offshore rig demand has picked up in Asia with more units being reactivated, but a large number of these mobilised rigs are intended for operation in the Middle East. Consultancy Westwood Global ...

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 ...

Valaris Limited VAL and Jadestone Energy are developing the Montara field offshore Australia, for which the Valaris 247 jack-up rig has arrived at the location. The jack-up rig is scheduled to ...

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 ...