Closing will be staggered, based on the expiration dates of existing contracts on the three active rigs.The other eight rigs are cold-stacked. The initial closing, including ten of the rigs, is ...

The Chickasaw was in the yard until late last week. It will be replaced by another construction barge, the Atlantic Horizon, owned by Cal Dive. The derrick barge is going on the dock this week.

ConocoPhillips has hired the Icon Caren jack-up rig from Icon Offshore's unit for the 2022 drilling campaign offshore Sarawak. The U.S. oil and natural gas major ConocoPhillips has secured the ...

HOUSTON, April 10 /PRNewswire-FirstCall/ -- Parker Drilling Company (NYSE: PKD) announced today that two of the Company's land rigs and one barge rig have been ...