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" ... According to Noe, since 2001, 75 jackups have left the Gulf of Mexico due to a variety of factors including lower tax rates, insurance and labor costs and booming business elsewhere (not to mention the threat of hurricanes). Business has shifted to the Middle East and Asia in particular, he adds. ... "
" ... In December of last year, it entered the market by buying two rigs from Hercules Offshore Inc. for $130 million. This past March, it picked up 10 rigs from Transocean Ltd. for $1.35 billion. And on Friday, Borr announced that it will acquire nine new rigs from Sembcorp Marine unit PPL Shipyard for $1.3 billion, bringing its fleet to 26 jackups. ... "
" ... Odebrecht's namesake CEO, Marcelo Odebrecht, is serving a 19 year prison sentence for paying bribes for lucrative contracts like these two deepwater jackups. ... "
" ... Vantage Drilling – an international offshore drilling contractor – operates one of the most modern fleets of drillships and high-specification jackups in the industry. These drilling rigs are marvels of innovation. ... "