Seadrill has added about $200 million to its backlog through new work for West Vela, West Capella and Sevan Louisiana in the U.S. Gulf and Malaysia.
Borr Drilling has added eight jack-up contract commitments representing more than 2,100 days of firm work and approximately $267 million in Dayrate Equivalent Backlog.
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.
Shell has approved Malikai Phase 3 offshore Malaysia. Four new wells are expected to lift production from 25,000 to around 40,000 barrels per day from the third quarter of 2028.
Vantris Energy has secured RM830 million in offshore transportation, installation and tender-assisted drilling work, increasing its orderbook to more than RM6 billion.
Petra Marine has agreed to sell Petra Endeavour and Petra Orbit in separate transactions worth a combined $15 million, reducing future lay-up, reactivation and drydocking costs.
Velesto Energy has terminated a drilling contract involving the Naga 8 jack-up rig in Malaysia. The rig remains deployed for Jadestone’s East Belumut Phase 9 project until July 2026.
Jadestone Energy has brought the EBA-07ST1 well online at 2,800 bopd at East Belumut, with the first two wells lifting field production by approximately 6,000 bopd.
Velesto has terminated the proposed sale of the Naga 3 jack-up rig to PT Indonesia Drilling Energy. The rig remains a Velesto asset after the agreement ended on 7 July 2026.
