Offshore Oil & Gas news

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There are still jack-up rigs being built somewhere:

IMI inks deal with ARO Drilling for new jackup rig - Splash247

The two companies also worked together on the previously delivered Kingdom 1 and Kingdom 2. All four rigs are part of ARO Drilling’s plan from 2018 to supply Saudi Aramco with 20 new jackups over the following decade.

When the plan was announced, IMI was put in charge of construction, while GustoMSC and Lamprell worked together on a new design for the rigs.

https://www.imi-ksa.com/

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Big Beautiful Bill spurs major Gulf of Mexico and Alaska lease sales - Splash247

A glorious future awaits US offshore oil / gas industry and it`s participants:

“BOEM is now moving forward with a predictable, congressionally mandated leasing schedule that will support offshore oil and gas development for decades to come,” said BOEM acting director Matt Giacona.

Or will it all change in a few months/years?

[AKBJR]

I thought the last time leases were offered that there were few, if any, takers.

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ADES seals boosted acquisition deal for Shelf Drilling - Splash247

The deal has resulted in a combined fleet of 83 offshore units, 46 of which are considered premium units, and 40 onshore rigs, now operating across 19 countries.
The company now has a combined backlog in excess of SAR 34bn ($9bn) with a jackup utilisation at above 90%.

Leading provider of offshore and onshore drilling services

Shelf Drilling