Saipem will buy the Deep Value Driller drillship from DVD for $272.5 million cash, targeting delivery before the bareboat charter ends on 31 July 2026.
SFL Corporation remains optimistic about securing new employment for the 10,000-ft harsh-environment semisubmersible Hercules. The rig has been warm stacked in Norway since completing an Equinor contract in Canada in November 2024.
Noble Corporation added about $1.3 billion in new offshore drilling awards across Guyana, Norway, Nigeria, Trinidad, South America, and the U.S. Gulf, lifting backlog to $7.5 billion while continuing jack-up divestments.
Transocean announced Norway fixtures totaling about $184 million in firm backlog, including a seven-well Encourage extension starting Q1 2027 and Enabler options adding 70 days through December 2027.
ONGC issued a binding NOA to Vantage Drilling for the drillship Platinum Explorer: 3-year firm + 1-year option in India, estimated at $261M USD excl. MPD Services.
Transocean will acquire Valaris Limited in a $5.8 billion all-stock deal, forming a 73-rig offshore driller with ~$17 billion enterprise value and ~$10 billion combined backlog.
Stena Evolution has received DNV’s Abate (P+) notation, confirming ISO 50001-aligned energy management and verified onboard measures to reduce power use and emissions.
Deepwater Thalassa arrived in Freeport, The Bahamas for ~42 days of preparations before mobilising to offshore Mexico for a three-year Woodside term at the Trion development.
Valaris confirmed Valaris DS-17 reached Rio for Equinor Energy do Brasil ahead of Raia work, while Valaris DS-15 completes coating and crane scopes in Spain for a 3Q 2026 West Africa start.
