Rigs and Vessels

Aramco contract suspensions put pressure on Middle East jack-up market

Regional market impacted but analysts say global outlook remains strong

Shelf Drilling Achiever is one of 22 jack-up rigs whose contracts were supended by Saudi Aramco in April 2024.
Shelf Drilling Achiever is one of 22 jack-up rigs whose contracts were supended by Saudi Aramco in April 2024.Photo: SHELF DRILLING
Asia CorrespondentSingapore
Published 20 June 2024, 08:07Updated 20 June 2024, 09:23
Saudi AramcoClarksons Platou SecuritiesMiddle East