Transocean’s $5.8 billion all-stock combination with Valaris may be moving closer to US antitrust clearance, with a report indicating the DOJ could approve the deal without divestitures.
Dolphin Drilling’s Paul B. Loyd, Jr. has finished its first phase of operations for Ithaca Energy in the UK North Sea and started its next assignment for Harbour Energy.
Aker BP has made a gas discovery at Alpehumle in the North Sea with Scarabeo 8, with recoverable resources estimated at about 1 million to 15 million barrels of oil equivalent.
Transocean has secured a $80 million contract for Deepwater Conqueror covering a two-well, 170-day drilling campaign in Equatorial Guinea starting in 2027.
Halliburton has secured a bundled well construction and completions contract from Eni for the Cronos ultra-deepwater development offshore Cyprus.
Boskalis’ BOKA Vanguard is transporting VALARIS 106 from Singapore to Kokas ahead of the jackup rig’s two-year BP contract in Indonesia, valued at approximately $74 million.
SED Energy Holdings plans to acquire Ventura Offshore in an all-share transaction, creating a combined offshore drilling group with a pro forma equity value of about $1 billion.
Odfjell Drilling has received a three-year Vår Energi LOA for Deepsea Bergen worth an estimated $518 million, extending the semi-submersible rig’s firm backlog to Q1 2031.
Seadrill has added about $200 million to its backlog through new work for West Vela, West Capella and Sevan Louisiana in the U.S. Gulf and Malaysia.
