
Odfjell Drilling Gets $518 Million Vår Energi LOA for Deepsea Bergen
Odfjell Drilling has received a three-year Vår Energi LOA for Deepsea Bergen worth an estimated $518 million, extending the semi-submersible rig’s firm backlog to Q1 2031.

Odfjell Drilling has received a three-year Vår Energi LOA for Deepsea Bergen worth an estimated $518 million, extending the semi-submersible rig’s firm backlog to Q1 2031.

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.

Transocean’s Deepwater Atlas has started drilling the second development and production well at the Monument project in the US Gulf of Mexico.

Ventura Offshore will manage Deep Value Driller and has signed an Indonesia drilling contract with PETRONAS carrying an estimated value of approximately $58 million.

Odfjell Drilling expects to recover about $37 million after Norway’s Supreme Court declined to hear a tax authority appeal involving Odfjell Offshore.

Valeura Energy is accelerating the Wassana redevelopment in the Gulf of Thailand, with CPP installation set for October 2026 and first oil possible around the beginning of Q2 2027.

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.

Northern Ocean expects Deepsea Mira to remain idle into Q1 2027 after several 2026 opportunities did not materialise and other drilling programmes were delayed.

Dolphin Drilling is reviewing a GHL proposal involving a potential Blackford Dolphin deployment in Nigeria and a cash payment covering part of an arbitration award.
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