Transocean-Valaris Merger Faces US Antitrust Review
6, May 2026
Transocean’s $5.8 billion all-stock merger with Valaris is under extended US antitrust review after the Department of Justice requested additional information.
offshore drilling
Vår Energi Extends COSL Pioneer Rig Work
6, May 2026
Vår Energi has exercised a second option for the COSLPioneer semi-submersible drilling rig operated by COSL Drilling Europe.
Shell and Kosmos Plan 2027 Gulf Drilling
6, May 2026
Kosmos Energy and Shell plan to drill the Trailblazer prospect in the Gulf of America in 2027, targeting about 200 million boe gross.
Valaris Backlog Reaches $4.9 billion
6, May 2026
Valaris added about $560 million through new rig contracts and extensions, raising total backlog to around $4.9 billion after recent drillship and jack-up awards.
Valaris Sells DPS-1 for Recycling
6, May 2026
Valaris has sold Valaris DPS-1 for recycling after the 10,000-ft semisubmersible was stacked in Malaysia following its release from work offshore Australia.
Noble Reviews Options for Idle Ocean Apex
29, April 2026
Noble Corp. is reviewing options for the idle 1,828.8 m-rated Ocean Apex semisubmersible, which moved to Malaysia in October 2025 after work for Chevron in Australia.
Noble Wins $565 Million Rig Work
29, April 2026
Noble Corporation has added about $565 million in new offshore drilling work for six rigs, strengthening floater backlog across Brazil, Australia, Guyana, the U.S. Gulf, Ghana and Malaysia.
Equinor Gets Barents Sea Drilling Permit
27, April 2026
Equinor has secured a Barents Sea drilling permit for well 7220/5-EC-2 H, with Transocean Enabler assigned to carry out the operation.
Valeura Secures Jack-Up for Thailand Campaign
23, April 2026
Valeura Energy has secured the Shelf Drilling Enterprise on a three-year charter to support offshore Thailand activity, with drilling expected to begin in the fourth quarter and continue through 2029.
