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jack-up rigs

Borr Drilling Adds Jack-Up Backlog

Borr Drilling added 13 contracts in 2026, lifting jack-up rig backlog by more than 2,250 days as it expands its fleet and points to stronger long-term offshore drilling demand.

ADES Adds Nigeria Rig Backlog

ADES Holding secured three jack-up rig contracts and a separate rig extension offshore Nigeria, expanding backlog and reinforcing its West Africa drilling position.

Borr Drilling Keeps Four Middle East Rigs on Standby

Borr Drilling said four jack-up rigs in the Middle East are on standby amid the current regional situation. Three units in Qatar and the UAE were downmanned, while Arabia III was shut down safely after a 7 March 2026 incident.

LFG and PV Drilling Outline Plans for Malaysia Joint Venture

Lianson Fleet Group and PV Drilling have agreed to review joint activities in Malaysia’s offshore drilling sector. Their planned partnership includes rig ownership, chartering and service support, with an initial target of two jack-up units. A shareholders’ agreement is expected in early 2026.

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