Ocean Oilfield, a UAE-headquartered service provider to offshore and onshore oil and gas companies, has completed the acquisition and ownership takeover of Ocean MVM (formerly Noble Resolve), a GustoMSC CJ50-X100 MC jack-up drilling rig.
The newly acquired jack-up drilling unit arrived in Malta on October 13 and is now being actively marketed and made available for immediate deployment, subject to contractual arrangements and operational requirements.
The unit officially joined the Ocean Oilfield fleet following the company’s acquisition announcement on December 9, 2025.
The takeover of jack-up drilling rig builds on Ocean Oilfield’s 40th anniversary celebrations in 2026, reflecting four decades of service, since its establishment in 1985, to the energy industry.
Sameer M, CEO of Ocean Oilfield, commented that the acquisition strengthens the company’s fleet and represents a significant step forward in its continued growth. He added that it reinforces operational capabilities and enhances the company’s ability to support clients across key global markets.
The new owner described the rig as an attractive option for operators for upcoming offshore campaigns worldwide.
Ocean Oilfield also noted that the GustoMSC CJ50-X100 MC design series is known for its performance in challenging offshore and severe weather conditions.
With Ocean MVM joining the fleet, the company said the deal strengthens its asset portfolio and marks another significant milestone in its continued growth and expansion of its offshore drilling capabilities.
