Drilling surge sees abandoned jack-ups back in high demand The past year has seen a fast inventory drawdown of abandoned and idle offshore rigs in Chinese yards, as drillers snap up units in response ...
A Sea-Watch rescue ship arrived in Lampedusa Saturday carrying 44 migrants rescued from an abandoned oil rig in the Mediterranean. Sea-Watch, a non-profit sea rescue group, said the migrants were on ...
China’s Dalian Shipbuilding Offshore Company (DSOC) is on track to complete one of its three unfinished jack-up rigs by mid-2025, with plans to launch the remaining two by the end of the same year.