Halliburton, PETRONAS Suriname and Valaris have formed a strategic collaboration in Suriname to improve early alignment across subsurface work, well planning and offshore drilling execution.
Lion Energy has awarded the SCD-20 rig to Silver City Drilling for the Bula Karang-1 well in Indonesia’s East Seram PSC, with spud expected in mid-2026.
Noatum Ports has received three STS cranes and six RTG cranes at Safaga Terminal in Egypt, marking a key operational step before the multipurpose port opens later in 2026.
Major energy companies including TotalEnergies, Shell, and BP are evaluating a 51% stake in the Shenandoah deepwater field in the U.S. Gulf.
FPSO Ventures has brought the FSO Suksan Salamander into service in Thailand, adding to its local fleet and supporting broader offshore operating capability in the market.
Petrobras has extended the offshore Brazil assignment for Valaris DS-4 by 1,064 days. The award adds about $447 million to Valaris backlog and keeps the drillship committed through 2030.
