Borr Drilling and Shelf Drilling have received notices of temporary suspension for one jack-up rig each, currently under contract with Saudi Aramco. This follows earlier suspensions of rigs in the region, further constricting the availability of jack-up rigs in the Middle East. These suspensions come at a time when rig demand in the region remains strong, highlighting the complex dynamics of supply and demand in this crucial market.

The Middle East continues to face significant rig market challenges as the pool of active rigs tightens. With Aramco’s strategic decisions influencing regional operations, contractors like Borr and Shelf Drilling may need to adapt their strategies while awaiting the eventual reinstatement of these rigs. The long-term impact on operational timelines and regional rig supply remains to be seen.