Arabian Drilling to Resume Three Suspended Offshore Rigs
14, July 2026
Arabian Drilling has received notice to resume three offshore rigs suspended earlier in 2026, with full offshore fleet utilisation expected by year-end.
offshore drilling
Velesto Terminates Naga 3 Jack-Up Rig Sale
14, July 2026
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.
SAFE Strike Disrupts Drilling on Norwegian Continental Shelf
13, July 2026
Offshore Norway says the SAFE strike is costing more than NOK 500m per week and disrupting drilling, well operations and production on the Norwegian Continental Shelf.
COSL Prospector Set for Vår Energi Well 35/6-7 S in August 2026
13, July 2026
Wellbore 35/6-7 S is expected to be spudded in August 2026 after Vår Energi received a drilling permit. COSL Prospector will carry out the work in production licence 929.
Noble Viking Secures $136.2 Million Brunei Drilling Contract
12, July 2026
Noble Viking has secured a six-well offshore drilling contract in Brunei with an estimated value of $136.2 million. The programme is scheduled to begin in early 2028.
Vår Energi Secures NOD Permits for Two Wildcat Wells Offshore Norway
9, July 2026
The Norwegian Offshore Directorate has granted Vår Energi drilling permits for two wildcat wells offshore Norway, with both operations to use COSL’s COSLProspector semi-submersible rig.
Ventura Offshore Adds $25.1 Million Backlog Through SSV Catarina Option in Indonesia
8, July 2026
Ventura Offshore has secured additional work for the SSV Catarina in Indonesia after an option exercise by Eni Muara Bakau B.V. The award is expected to keep the rig working through Q4 2026 while increasing the company’s firm backlog by about $25.1 million.
Northern Ocean Sends Deepsea Mira to Walvis Bay After Shell Contract
6, July 2026
Northern Ocean said Deepsea Mira completed its Shell contract on 2 July 2026 and is demobilizing to Walvis Bay for planned upgrades after generating about $31 million in revenue.
Norway Offshore Workers Agree 5.2% Wage Increase, Avoiding Strike
6, July 2026
Norway’s offshore workers reached a wage agreement providing a 5.2% pay increase and higher pension contributions, preventing a strike that had been scheduled to begin at midnight.
