Under the contract, Velesto’s NAGA 4 jack-up rig will undertake drilling activities for more than 40 wells. Operations are ...

Malaysia’s oil and gas services firm Velesto has secured a drilling contract by Phu Quoc Petroleum Operating Company (PQPOC) ...

Malaysian drilling contractor's campaign for Phu Quoc Petroleum Operating Company scheduled to start in the first half of ...

PETALING JAYA: Velesto Energy Bhd has been awarded a drilling contract by Phu Quoc Petroleum Operating Company in Vietnam.

Furie Operating Alaska on Monday announced they’d renewed a lease with a Hilcorp subsidiary to use their jack-up rig this year as they drill up to two new natural gas wells in the coming months.

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 ...

The Jack-Up Rig is developing and expanding at a significant pace. The Jack-up Rig is fundamentally a mobile platform that is utilized as exploratory drilling platform & offshore platform which ...

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Saudi oil and gas drilling contractor ADES Holding has signed a contract renewal with Aramco for one of its previously ...

Valaris Ltd, the Bermuda-headquartered offshore drilling company, has agreed to sell its jack-up rig Valaris 247 to BW Energy for approximately $108 million in cash. The sale is expected to close in ...