Bulletin Updates

All rigs deployed: And all debt disappearing – 28 May 2025

May 28, 2025

With every jack-up rig now earning for this drilling company, net debt flips to Rs (131) Cr, turning balance sheet cash-positive.8Discovery-I loan fully cleared by May 2024; refurbishment loans next in line.8Expect a clean slate in 12 months—just as new tenders hit the offshore market

Find out why one rig earns twice as the other, with more or less the same specs

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