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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.

ModuSpec Expands Rig Intake Work in Europe and Africa

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.

Stena DrillMAX Wins Greece Exploration Work

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 Opens Somalia Deepwater Campaign

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.

Constellation Extends Petrobras Rig Work to 2030

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.

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