In a sign of the continuing uptick of offshore drilling activities in a number of regions, Borr Drilling Limited [NYSE and OSE: BORR] today reported new contract commitments for three of its premium jack-up rigs, the Arabia I, the Gunnlod and the Norve. The commitments cover a total of 1,779 days and $332 million in contract revenue, including mobilization and demobilization compensation.
The Arabia I, which had its work scope suspended earlier this year in Saudi Arabia has secured a new...
For over eighty years, stressed English ladies, and the occasional offshore supply vessel master, have sworn by the power of Rescue Remedy, a patented concoction of five ..
Time for a six pack of updates on the biggest offshore drilling stories of the last few weeks. Whilst three autonomous marine survey companies and one of Australia’s la ..
Charters for offshore vessels are already on the rise this early in 2021, indicating the much anticipated growth of a resilient sector that is steadily overcoming the ..