Borr Drilling Adds Jack-Up Backlog
22, May 2026
Borr Drilling added 13 contracts in 2026, lifting jack-up rig backlog by more than 2,250 days as it expands its fleet and points to stronger long-term offshore drilling demand.
rig contracts
Seadrill Secures PTTEP Malaysia Drillship Work as Fleet Backlog Expands
3, March 2026
PTTEP contracted Seadrill drillship West Capella for a 440-day Malaysia program starting in 2Q 2026, alongside multiple drillship extensions and a West Elara North Sea P&A campaign update.
Vantage Drilling wins ONGC award notice for Platinum Explorer in India
10, February 2026
ONGC issued a binding NOA to Vantage Drilling for the drillship Platinum Explorer: 3-year firm + 1-year option in India, estimated at $261M USD excl. MPD Services.
Noble Adds $1.3 Billion Backlog, Steps into Norway Floaters
26, January 2026
Noble adds about $1.3 billion backlog from nine rig awards, led by a three-year Noble GreatWhite Norway contract plus work in Nigeria, Guyana, the U.S. Gulf, Trinidad and South America.
Equinor Extends Deepsea Bollsta Contract for Johan Sverdrup Drilling
3, November 2025
Equinor has extended Northern Ocean’s Deepsea Bollsta contract by five months for continued drilling on Norway’s Johan Sverdrup field.
Vantage Drilling Terminates Platinum Explorer Contract After Sanctions Render Deal Unlawful
20, October 2025
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.
