
Noble Corporation is expecting a ramp-up in drilling demand for the floater fleet from late 2025 and 2026, which will spur further rig reactivations, as it perceives the oil and gas production from deepwater reservoirs as an important factor in the global security of energy supply.

BP has penned a global frame agreement with Subsea Integration Alliance, a strategic alliance between SLB’s OneSubsea and Subsea7.