Valaris has added more than $160 million in contracted revenue backlog through new work for VALARIS DS-18, VALARIS 248 and VALARIS 123, taking total backlog to about $4.6 billion.
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.
ADNOC and SLB have deployed an AI-enabled Real-Time Operations Center across more than 120 rigs, reducing engineering effort and helping avoid up to two days of downtime.
Noble Corporation has installed a stemless gate valve on the Noble BlackHornet drillship, while recent awards added about 16 months of floater backlog.
Odfjell Drilling has returned Deepsea Atlantic to operations following the April 2026 equipment handling incident that damaged the rig’s BOP system and suspended drilling activities.
BC Ventures has acquired five jack-up rigs in Mexico for $287 million, increasing Borr Drilling’s owned and jointly owned fleet to 34 rigs.
COSL has opened a tender for the basic design of four Chinese-flagged jack-up rigs rated for 60.96 m water depth, with an upgrade option for operations in up to 121.92 m.
Noble reported a $37 million net loss for the second quarter of 2026 after suspensions involving two Petrobras-contracted rigs in Brazil reduced revenue and utilisation.
Expro has completed its NOK 2 billion acquisition of Enhanced Drilling, adding managed pressure drilling, controlled mud level drilling and riserless mud recovery capabilities.
