Seadrill Lifts Backlog to $3.1 Billion
11, May 2026
Seadrill added more than $860 million in rig awards across the U.S. Gulf, Brazil and Angola, raising total contract backlog to $3.1 billion.
deepwater
Shell Awards Gulf Brownfield Contract to Audubon
11, May 2026
Shell has awarded Audubon Companies an exclusive engineering and procurement contract for brownfield topside projects across its deepwater assets in the U.S. Gulf.
TotalEnergies Finds More Hydrocarbons Offshore Congo
13, April 2026
TotalEnergies EP Congo has made a new hydrocarbon discovery on the Moho license offshore Congo, where the MHNM-6 NFW well encountered about 160 m of hydrocarbons. The company plans to develop the find, alongside earlier Moho F discoveries, through a tie-back to existing Moho facilities.
Subsea 7, PETRONAS, SIA Sign Suriname Framework
8, April 2026
Subsea 7 S.A., PETRONAS Suriname E&P B.V., and the Subsea Integration Alliance have signed a long-term framework for offshore developments in Suriname.
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.
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.
bp Wins Kaskida Approval
19, March 2026
bp has secured US Department of the Interior approval for its $5 billion Kaskida project in the deepwater US Gulf of Mexico, with first oil targeted in 2029 and a standardized platform design planned for future regional developments.
Shell Sabah Awards Velesto TTR Maintenance Support Deal
4, March 2026
Sabah Shell Petroleum Company awarded Velesto Workover two multi-year contracts for offshore Sabah deepwater support, covering top tension riser maintenance on a tension leg platform, delivered with INVX Asia Pacific.
Seadrill Secures PTTEP Malaysia Drillship Work as Fleet Backlog Expands
3, March 2026
PTTEP contracted Seadrill drillship West Capella for a 440-day Malaysia program starting in 2Q 2026, alongside multiple drillship extensions and a West Elara North Sea P&A campaign update.
