
Valaris Backlog Reaches $4.9 billion
Valaris added about $560 million through new rig contracts and extensions, raising total backlog to around $4.9 billion after recent drillship and jack-up awards.

Valaris added about $560 million through new rig contracts and extensions, raising total backlog to around $4.9 billion after recent drillship and jack-up awards.

Noble Developer will execute a 50-day ExxonMobil well offshore Guyana after completing scheduled work with Petronas and Shell in the region.

ModuSpec has secured about £450,000 in shipyard-based rig intake and inspection projects covering two drillships and two jack-up rigs, with work spanning Las Palmas, Croatia and Pointe-Noire ahead of offshore drilling campaigns in Europe and Africa.

Transocean has secured a 390-day, five-well contract for the Deepwater Asgard drillship in the Eastern Mediterranean, adding about $158 million to backlog.

Stena Drilling has secured a new Greece campaign for Stena DrillMAX, with the drillship set to carry out an exploration well for Energean Hellas in the northwestern Ionian Sea.

Türkiye has launched its first overseas deepwater drilling campaign in Somalia, with Çağrı Bey heading to the CURAD-1 well for a 288-day program targeting 7,500 m total depth.

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.

Transocean added about $1.0 billion to backlog through a new Transocean Barents contract in Norway and extensions for Deepwater Orion and Deepwater Aquila offshore Brazil.

Constellation Oil Services added about $1.1 billion to backlog after renegotiating three rig contracts with Petrobras, extending work for Brava Star, Gold Star, and Alpha Star through 2028 and 2030.
For general inquiries and to contact us,
please email: info@hmt-news.com