Dolphin Drilling Signs LOI for Paul B. Loyd Jr
7, April 2026
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.
offshore drilling
Seadrill Secures $480 million Petrobras Drillship Extension
6, April 2026
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 Secures Petrobras Rig Extensions
4, April 2026
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 Backlog Rises on Norway, Brazil Rig Deals
2, April 2026
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 Wins Four Jack-Up Contracts
2, April 2026
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 Extends Petrobras Rig Work to 2030
2, April 2026
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.
Norbe IX Starts Petrobras Contract
1, April 2026
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 Begins Papa-Terra and Atlanta Drilling Campaign
1, April 2026
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.
PV Drilling Sets PV DRILLING IX for April 2026 Start
30, March 2026
PV Drilling has completed the reactivation of PV DRILLING IX, with the jack-up rig set to begin commercial work in April 2026 as demand strengthens in Vietnam and Southeast Asia.
