Equinor Extends Deepsea Bollsta Contract for Johan Sverdrup Drilling
3, November 2025
Equinor has extended Northern Ocean’s Deepsea Bollsta contract by five months for continued drilling on Norway’s Johan Sverdrup field.
offshore drilling
Petrobras May Drill Up to Three Wells in Foz do Amazonas Basin
29, October 2025
During OTC Brazil 2025, Petrobras CEO Magda Chambriard announced that the company may expand its exploration program in the Foz do Amazonas Basin with up to three additional wells, contingent on early results. The statement reaffirms Petrobras’ commitment to frontier exploration and compliance with the Paris Agreement.
Noble May Sell Noble Globetrotter I if No New Work Secured
29, October 2025
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.
Borr Drilling secures $213 million in contract extensions for three Pemex jack-up rigs
28, October 2025
Borr Drilling extends contracts for three jack-up rigs with Pemex worth $213 million, including new terms and options through 2026.
Valaris Wins New North Sea Rig Deals and Sells Older Rig
25, October 2025
Valaris strengthens its North Sea operations with $190 million in new rig contracts and a $108 million asset sale, boosting its contract backlog to $4.5 billion.
Saipem Secures USD 135 Million in Offshore Drilling Contracts Across Key Global Regions
22, October 2025
Saipem has strengthened its global offshore drilling orderbook with USD 135 million worth of new and extended contracts across West Africa, the Mediterranean, and the Far East.
Petrobras Receives IBAMA Approval to Drill Exploratory Well in Brazil’s Equatorial Margin
21, October 2025
Petrobras has received IBAMA’s environmental authorization to begin exploratory drilling in Brazil’s Equatorial Margin near the Amazon River’s mouth, ending a costly delay and advancing its offshore program.
INPEX Seeks Drilling Rig for Kertang Prospect in Malaysia’s Block 2A
21, October 2025
Japan’s INPEX Malaysia E&P 2A Limited is preparing to advance exploration at the Kertang gas prospect in Malaysia’s offshore Block 2A, seeking a semisubmersible or drillship for site testing in the North Luconia Basin. The project involves key partners including PETRONAS Carigali, Seascape Energy Asia, and PETROS.
Vantage Drilling Terminates Platinum Explorer Contract After Sanctions Render Deal Unlawful
20, October 2025
Vantage Drilling has terminated a 260-day drillship contract for Platinum Explorer after sanctions changes made its execution unlawful, illustrating the growing compliance impact on offshore projects.
