Borr Drilling extends contracts for three jack-up rigs with Pemex worth $213 million, including new terms and options through 2026.
Valaris strengthens its North Sea operations with $190 million in new rig contracts and a $108 million asset sale, boosting its contract backlog to $4.5 billion.
Saipem has strengthened its global offshore drilling orderbook with USD 135 million worth of new and extended contracts across West Africa, the Mediterranean, and the Far East.
Petrobras has received IBAMA’s environmental authorization to begin exploratory drilling in Brazil’s Equatorial Margin near the Amazon River’s mouth, ending a costly delay and advancing its offshore program.
Japan’s INPEX Malaysia E&P 2A Limited is preparing to advance exploration at the Kertang gas prospect in Malaysia’s offshore Block 2A, seeking a semisubmersible or drillship for site testing in the North Luconia Basin. The project involves key partners including PETRONAS Carigali, Seascape Energy Asia, and PETROS.
Vantage Drilling has terminated a 260-day drillship contract for Platinum Explorer after sanctions changes made its execution unlawful, illustrating the growing compliance impact on offshore projects.
Equinor has mobilized COSL and Transocean rigs to execute drilling programs across the Norwegian and Barents Seas, following the receipt of all regulatory approvals.
Saipem’s semisub rig Scarabeo 9 has started drilling offshore Libya for Eni
Dolphin Drilling has signed a USD 60 million offshore drilling contract with Repsol to deploy its semi-submersible rig Borgland Dolphin for a multi-well campaign starting in late 2026.
