
Masirah Plans May Drilling Start at Yumna Field
Masirah Oil expects to start drilling three development wells at the offshore Yumna field in Block 50 Oman in May.

Masirah Oil expects to start drilling three development wells at the offshore Yumna field in Block 50 Oman in May.

Dolphin Drilling has signed an LOI for a potential new contract for the Paul B. Loyd Jr semi-submersible, which could keep the rig working through August 2030.

Seadrill has secured a $480 million extension for drillship West Polaris with Petrobras, supporting continued work at Brazil’s Búzios field beyond 2028.

Ventura Offshore has secured two contract extensions with Petrobras for SSV Victoria and Atlantic Zonda, adding about $611 million in backlog and extending drilling activity offshore Brazil.

Transocean added about $1.0 billion to backlog through a new Transocean Barents contract in Norway and extensions for Deepwater Orion and Deepwater Aquila offshore Brazil.

Borr Drilling has secured new contract commitments for four premium jack-up rigs in Gabon, Mexico, Germany, and Vietnam, covering fresh awards and extensions for Prospector 5, Ran, Joro, and Thor.

Constellation Oil Services added about $1.1 billion to backlog after renegotiating three rig contracts with Petrobras, extending work for Brava Star, Gold Star, and Alpha Star through 2028 and 2030.

Foresea has started the Petrobras contract for 6th generation drillship Norbe IX, which will work in the Sepia and Atapu fields for about three years.

Brava Energia has launched a four-well drilling campaign at Papa-Terra and Atlanta using Constellation’s Lone Star, with first oil targeted in Q4 2026 and Q2 2027.
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