
Stena DrillMAX Wins Greece Exploration Work
Stena Drilling has secured a new Greece campaign for Stena DrillMAX, with the drillship set to carry out an exploration well for Energean Hellas in the northwestern Ionian Sea.

Stena Drilling has secured a new Greece campaign for Stena DrillMAX, with the drillship set to carry out an exploration well for Energean Hellas in the northwestern Ionian Sea.

Transocean has secured a 1,156-day extension from Petrobras for Deepwater Corcovado, adding about $445 million to backlog and keeping the drillship working through November 2030.

Dolphin Drilling AS said an undisclosed party signed a letter of intent for a potential Borgland Dolphin contract worth about $230 million. The proposed term would start in the second half of 2027 and run to October 2031, with a further five-year option expected.

Borr Drilling said Arabia III has resumed work offshore Saudi Arabia, while Groa and Arabia II are due to restart in April 2026. The company also expects Odin to begin work next month and confirmed a new six-month award for Skald in Southeast Asia.

Türkiye has launched its first overseas deepwater drilling campaign in Somalia, with Çağrı Bey heading to the CURAD-1 well for a 288-day program targeting 7,500 m total depth.

SundaGas Banda Unipessoal and Finder Timor-Leste have signed an LOI to pursue a shared rig for offshore drilling campaigns in Timor-Leste.

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.
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