TotalEnergies and Chevron are advancing offshore drilling and appraisal work in Nigeria as West Africa’s deepwater sector attracts renewed investment interest.
Ventura Offshore extended the contract for DS Carolina offshore Brazil by 135 days, adding about $29 million in backlog and shifting the next mobilization window to January 2027.
Oxy has confirmed an oil discovery at the Bandit prospect in Green Canyon Block 680, with partners evaluating development options including possible subsea tie-backs.
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.
Woodside Energy has launched the Trion drilling campaign with PEMEX in the Gulf of Mexico, covering 24 subsea wells as the project remains on track for first oil in 2028.
Transocean’s Deepwater Thalassa is mobilising to Mexico for Woodside’s Trion development drilling. The campaign runs March 2026–February 2029 as Trion targets first oil in 2028.
Saipem reports two West Africa offshore discoveries with Eni: gas and condensates at Côte d’Ivoire’s Calao South and an estimated 500 million barrels of oil in Angola’s Block 15/06.
SLB won multiple Mubadala Energy contracts for Tangkulo deepwater drilling offshore Indonesia, supporting first gas targeted before the end of 2028.
Noble adds about $1.3 billion backlog from nine rig awards, led by a three-year Noble GreatWhite Norway contract plus work in Nigeria, Guyana, the U.S. Gulf, Trinidad and South America.
