v3.25.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Revenues by Geographic Area
The following presents our revenues by geographic area:
Three months ended June 30, 2025Three months ended June 30, 2024Six months ended June 30, 2025Six months ended June 30, 2024
South East Asia79.7 74.4 151.6 138.5 
West Africa71.6 41.3 140.1 76.7 
Latin America (1)
54.4 80.3 90.5 146.5 
North Africa (2)
29.3 — 29.3 — 
Middle East22.4 67.8 42.8 129.3 
Europe10.3 8.1 30.0 14.9 
Total267.7 271.9 484.3 505.9 
Major Customers by Reporting Segments
The following customers accounted for more than 10% of our dayrate revenues:
Three months ended June 30, 2025Three months ended June 30, 2024Six months ended June 30, 2025Six months ended June 30, 2024
(In % of operating revenues)
ENI S.p.A20 %11 %22 %11 %
PTT Exploration and Production Public Company Limited12 %12 %13 %10 %
Saudi Arabian Oil Company%16 %%16 %
Total37 %39 %41 %37 %
Long-lived Assets by Geographic Areas
The following presents the net book value of our jack-up rigs by geographic area:
June 30, 2025December 31, 2024
(In $ millions)
Latin America (1)
953.1 961.0 
South East Asia796.9 809.9 
West Africa429.2 434.8 
Middle East358.4 366.6 
North Africa (2)
163.7 — 
Europe91.1 250.9 
Total2,792.4 2,823.2 
(1) Latin America comprises Mexico and Brazil.
(2) North Africa comprises Libya.