Petrobras is likely to delay awarding up to four Buzios drilling contracts into 2026 as it reassesses reservoir data and contractors update proposals, amid a softening global deepwater rig market.
TPAO’s 12,000-ft-rated drillship Dorado is traveling from Singapore to Türkiye, with arrival expected in early December 2025. The vessel follows sister rig Draco, which has already reached Türkiye, as Dorado prepares for expected 2026 work.
Noble Corporation is evaluating strategic options for its Noble Globetrotter I drillship after its OMV Petrom contract ends in April. According to Upstream, the vessel could be sold if no new intervention work is secured, amid broader fleet adjustments and rig sales across Noble’s global portfolio.
