Offshore

Odfjell Drilling Wins Hercules Contract for Canada

Odfjell Drilling says Hercules has secured a new drilling contract for offshore Canada, with the company continuing as rig manager on behalf of SFL Corporation Ltd. The campaign is scheduled to start in Q1 2027.

Photo source: Odfjell Drilling

10, March 2026
55 Views

Odfjell Drilling says Hercules has been awarded a new drilling contract, with the company continuing as rig manager on behalf of SFL Corporation Ltd.

The contract is scheduled to start in Q1 2027. Ahead of the campaign offshore Canada, Odfjell Drilling says it is preparing both the rig and its organisation for the work.

The company describes Hercules as a well-known harsh-environment unit with a strong operational track record. The award will bring the rig back into operation for the next phase of work offshore Canada.

Chief Executive Officer Kjetil Gjersdal says he is looking forward to seeing Hercules back in operation and is confident the unit will deliver safe and solid results as it returns to Canada.

Tags: Canada, Hercules, Odfjell Drilling, offshore drilling, SFL Corporation

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.

8, Mar
|

Offshore

Petrobras Holds 36 of Brazil’s 49 Offshore Rigs

Petrobras controls 36 of Brazil’s 49 offshore rigs, while Westwood Global Energy Group data point to 5,472 minimum rig days of demand through 2029.

7, Mar
|

Offshore

Equinor Gets Consent for Deepsea Bollsta Work

Equinor has secured Norwegian consent to use Deepsea Bollsta for drilling, completion, temporary plugging and workover on Johan Sverdrup, following a rig contract extension tied to an eight-well program.

7, Mar
|

Offshore

Hercules Wins Canada Rig Deal

SFL Corporation has secured a new Canada drilling contract for the Hercules semi-submersible. The deal is worth about $170 million and covers a minimum 400-day term from Q1 2027.