offshore drilling

Noble-Diamond Offshore merger process is off to a good start: Will it prompt further rig market consolidation moves?

With two of the world’s top five floating rig contractors merging into one, the market consolidation trend is ripe for further such moves, bringing the possibility of transformation endeavors in existing business models and a potential shift in offshor…

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Borr Drilling’s 22-strong rig fleet booked: Three jack-ups pick up gigs in Brazil, Malaysia, and Gabon

Borr Drilling has won a series of new contracts, extensions, and potential assignments for three premium jack-up rigs, covering 1,779 days and bringing $332 million in contract revenue, including mobilization and demobilization compensation. 
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Borr Drilling’s 22-strong rig fleet booked: Three jack-ups pick up gigs in Brazil, Malaysia, and Gabon Read More »