Saudi Aramco’s suspension of dozens of jackups continues to reshape the Middle East offshore drilling landscape. This analysis examines how redeployments, cold stacking and shifting investment plans are tightening utilization, pressuring dayrates and redefining global jackup fleet strategy heading into 2026.
CB&I completes acquisition of Petrofac Asset Solutions business
CB&I has completed its acquisition of Petrofac’s Asset Solutions business, adding operations,...
