Borr Drilling confirmed 110 people were safe as air and sea searches continued. BW Energy said no damage or harmful discharge had been reported at MaBoMo, where production was shut down for drilling preparations.
Seaway Falcon has transported PV DRILLING X from Namibia to Vietnam, completing a 7,261-nautical-mile voyage. The jack-up rig will undergo further recommissioning ahead of planned commercial operations in Q2 2027.
The four-well MaBoMo Phase 2 campaign will target the Hibiscus and Hibiscus South fields, with first production expected in early 2027. Appraisal results could support a fifth well targeting additional oil reserves.
Ocean Oilfield is seeking new drilling work for the jack-up, which arrived in Malta on 13 October 2026. Immediate deployment remains dependent on commercial arrangements and operating requirements.
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.
Vaalco Energy has completed Phase 3 drilling offshore Gabon, bringing ETSEM-3H onstream at 2,000 bpd gross. Borr Drilling’s Norve has left the field as Baobab Phase 5 drilling begins offshore Côte d’Ivoire.
Arabian Drilling has signed a four-year SAR 2 billion contract with Khafji Joint Operations for four offshore jack-up rigs, lifting its total backlog to approximately SAR 18 billion.
Saipem has completed the sale of Saudi Arabian Saipem Limited to ADES. The company owns three jack-up rigs and has two additional units under lease.
PV Drilling will mobilize Borr Drilling’s IDUN jack-up rig for PVEP-HCM’s three-well TL-WHP program offshore Vietnam, with the 134-day campaign expected to start in mid-October 2026.
