A supply crunch is looking inevitable in the global jack-up drilling market as demand in regions like the Middle East, India and Asia starts to outstrip the number of available rigs, according to one ...

The jack-up market is characterized by some of the tightest supply conditions in the maritime sector. Approximately 30% of the global fleet has been operating for 30 years or more. The order book ...

Singapore’s Seatrium has delivered its latest rig to Adnoc Drilling of the United Arab Emirates; the jack-up AlSila is the second jack-up that Borr Drilling has novated to Adnoc Drilling. On Tuesday, ...

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 ...

PPL Shipyard, a subsidiary of SembCorp Marine, has been awarded a contract by Offshore Group Corp to build a Baker Marine Pacific Class 375 (BMC Pacific 375) Deep Drilling Offshore Jack-up Rig at a ...

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 ...