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Semisubmersible rig

Valaris Sells DPS-1 for Recycling

Valaris has sold Valaris DPS-1 for recycling after the 10,000-ft semisubmersible was stacked in Malaysia following its release from work offshore Australia.

Noble Reviews Options for Idle Ocean Apex

Noble Corp. is reviewing options for the idle 1,828.8 m-rated Ocean Apex semisubmersible, which moved to Malaysia in October 2025 after work for Chevron in Australia.

Hercules Rig Remains Warm Stacked as SFL Targets New Work

SFL Corporation remains optimistic about securing new employment for the 10,000-ft harsh-environment semisubmersible Hercules. The rig has been warm stacked in Norway since completing an Equinor contract in Canada in November 2024.

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