
Odfjell Drilling Gets $518 Million Vår Energi LOA for Deepsea Bergen
Odfjell Drilling has received a three-year Vår Energi LOA for Deepsea Bergen worth an estimated $518 million, extending the semi-submersible rig’s firm backlog to Q1 2031.

Odfjell Drilling has received a three-year Vår Energi LOA for Deepsea Bergen worth an estimated $518 million, extending the semi-submersible rig’s firm backlog to Q1 2031.

Odfjell Drilling has returned Deepsea Atlantic to operations following the April 2026 equipment handling incident that damaged the rig’s BOP system and suspended drilling activities.

Odfjell Drilling has secured a one-year Aker BP extension for Deepsea Nordkapp, extending the semi-submersible rig’s firm contract period through the end of 2028.

Northern Ocean said Deepsea Mira completed its Shell contract on 2 July 2026 and is demobilizing to Walvis Bay for planned upgrades after generating about $31 million in revenue.

Vår Energi has exercised a second option for the COSLPioneer semi-submersible drilling rig operated by COSL Drilling Europe.

SFL Corporation has secured a new Canada drilling contract for the Hercules semi-submersible. The deal is worth about $170 million and covers a minimum 400-day term from Q1 2027.

Dolphin Drilling and Vantris Energy sign a non-exclusive marketing agreement for the Blackford Dolphin semi-submersible, targeting Southeast Asian markets including Indonesia, Malaysia, Thailand, and Vietnam.

Saipem reports Aker BP has taken a third option on Scarabeo 8, adding a $157 million year (fuel/add-ons excluded) and keeping the unit scheduled offshore Norway into 2028.

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.
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