RigCo will fund the work from existing cash. The drillship and jack-up are expected in 2027 and 2028, respectively, while construction plans for the two semi-submersibles remain under assessment.
Stena DrillMAX has reportedly departed Las Palmas for Namibia to support Shell’s PEL 39 drilling programme, following the Merlin-1X exploration results in the Orange Basin.
Valaris has added approximately $220 million in offshore drilling contract backlog, including a PETRONAS exploration program in Suriname and new jack-up contracts and extensions in Australia and the North Sea.
Noble Corporation has secured a Tullow Oil contract for the Noble Faye Kozack offshore Ghana, covering up to 10 wells with drilling expected to begin in mid-2027.
Transocean has secured a $80 million contract for Deepwater Conqueror covering a two-well, 170-day drilling campaign in Equatorial Guinea starting in 2027.
Ventura Offshore will manage Deep Value Driller and has signed an Indonesia drilling contract with PETRONAS carrying an estimated value of approximately $58 million.
Stena IceMAX completed a three-well campaign in Egypt, operating between 256 m and 2,810 m water depth while achieving 99.5% uptime and finishing the programme ahead of plan.
Valaris has added more than $160 million in contracted revenue backlog through new work for VALARIS DS-18, VALARIS 248 and VALARIS 123, taking total backlog to about $4.6 billion.
Seadrill has added drilling work for West Vela, West Capella and Sevan Louisiana, extending contracted operations for the three rigs across the U.S. Gulf and Malaysia.
