Drilling
News
July 25, 2026
Expro has completed its acquisition of Enhanced Drilling, adding managed pressure drilling (MPD) and riserless mud recovery (RMR) technologies to expand its offshore well construction capabilities and strengthen support for complex drilling projects worldwide.
News
July 22, 2026
Velesto Energy has secured a $51 million integrated rig, drilling and completion (i-RDC) services contract from Chevron Malaysia to support the 2026–2028 North Malay Basin Full Field Development campaign using the NAGA 8 jackup rig offshore Malaysia.
News
July 13, 2026
Halliburton has secured integrated drilling and completions contracts for TotalEnergies' GranMorgu deepwater project offshore Suriname, combining digital well construction technologies with local infrastructure investment to support the country's growing offshore sector.
News
July 10, 2026
Noble has secured a $136.2 million contract for its Noble Viking drillship to drill six offshore wells in Brunei, extending the rig's backlog through the fourth quarter of 2028.
News
June 30, 2026
Transocean has secured a drilling agreement with Equinor worth more than $1 billion in backlog for three harsh-environment Cat D semisubmersible rigs on the Norwegian Continental Shelf. The seven rig-years of work are scheduled to begin between 2027 and 2028.
News
June 19, 2026
Valeura Energy has completed an eight-well drilling campaign at the Nong Yao field offshore Thailand, including its first multi-lateral well and a record-setting horizontal lateral, increasing production to approximately 10,500 bopd.
News
June 18, 2026
Vantage Drilling shareholders have approved the company's proposed merger with Eldorado Drilling, marking a key milestone as the offshore drilling transaction moves closer to completion.
News
June 17, 2026
Transocean has secured approximately $185 million in new contract backlog after winning offshore drilling work for the Transocean Norge in Norway and the Transocean Equinox in Australia, extending utilization of its harsh-environment semisubmersible fleet.
News
June 04, 2026
Velesto has secured a contract from Northern Gulf Petroleum to provide the NAGA 6 jackup rig for a drilling campaign in the Gulf of Thailand, including four infill wells and three exploration wells.
News
May 29, 2026
Eldorado Drilling has agreed to acquire Vantage Drilling in a transaction valued at approximately $258 million, combining offshore drilling operations and creating a larger platform focused on global rig opportunities.
News
May 29, 2026
Norway is urging the European Union to remove its moratorium on new Arctic oil and gas drilling, arguing that increased Barents Sea exploration could strengthen European energy security as the region remains heavily dependent on Norwegian gas supplies.
News
May 28, 2026
Reform UK Deputy Leader Richard Tice promoted expanded North Sea drilling and lower energy costs during a meeting with major energy companies, highlighting growing political pressure on the UK’s net zero and energy transition policies.
News
May 15, 2026
Velesto Energy has secured its first asset-light offshore drilling contract from Hibiscus Oil & Gas Malaysia, covering jackup rig services for plug and abandonment and exploration wells offshore Malaysia.
News
May 12, 2026
OEG has secured a multi-million-dollar long-term contract extension to support offshore drilling operations in Australia’s Bass Strait, including the supply, maintenance and servicing of certified offshore cargo carrying units through the expected end of field life in 2036.
News
May 12, 2026
Etu Energias and partners successfully completed the Espadarte 7ST2 appraisal well in Angola’s Lower Congo basin, with initial testing delivering stabilized production rates between 2,000 and 2,500 bopd and confirming multiple productive reservoir intervals offshore.
News
May 11, 2026
Seadrill added more than $860 million to its offshore drilling backlog during first-quarter 2026, driven by new deepwater rig awards in Brazil, the U.S. Gulf and Angola as the company raised its full-year outlook amid strengthening offshore demand.
News
May 05, 2026
Weatherford has secured managed pressure drilling contracts and a global aftermarket agreement with Noble, including MPD system deployments for offshore operations in Guyana and Nigeria.
News
May 04, 2026
Equinor has awarded $1.6 billion in drilling and well services contracts to sustain North Sea output, as new wells play a growing role in future production.
News
April 22, 2026
Valeura has chartered a jackup drilling rig for a three-year term to support development and exploration drilling across its Gulf of Thailand assets through 2029.
News
April 22, 2026
Seadrill has secured new U.S. Gulf contracts for its West Neptune and West Vela drillships, adding $260 million to backlog and reinforcing ultra-deepwater activity in the region.
News
April 16, 2026
Transocean has secured a $158 million contract for its Deepwater Asgard drillship in the Eastern Mediterranean, supporting a five-well campaign set to begin in late 2026. The award adds to a wave of recent backlog growth as offshore drilling activity strengthens globally.
