Dolphin Drilling Signs LOI for Paul B. Loyd Jr
7, April 2026
Dolphin Drilling has signed an LOI for a potential new contract for the Paul B. Loyd Jr semi-submersible, which could keep the rig working through August 2030.
Offshore
Iran War Lifts Latin America Offshore Appeal
7, April 2026
Latin America is gaining appeal for offshore drilling as the Iran war reshapes market risk views, with Constellation Oil Services Holding SA pointing to Brazil as a stable deepwater market.
Halliburton, PETRONAS and Valaris Align on Suriname Offshore Work
7, April 2026
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 Awards Rig for East Seram Well
7, April 2026
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.
Oil Majors Weigh Stake in US Gulf Shenandoah Field
7, April 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 Brings Suksan Salamander Into Thailand Service
7, April 2026
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 Keeps Valaris DS-4 Working Longer in Brazil
7, April 2026
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.
Seadrill Secures $480 million Petrobras Drillship Extension
6, April 2026
Seadrill has secured a $480 million extension for drillship West Polaris with Petrobras, supporting continued work at Brazil’s Búzios field beyond 2028.
Yumna Drilling Campaign Moves to May 2026
6, April 2026
Jasmine Energy has moved the start of its multi-well drilling campaign at Oman’s Yumna field to May 2026, with the Block 50 programme backed by $25 million in senior secured bonds.
