Constellation Oil Services, a Brazilian drilling contractor, has augmented its contract backlog thanks to extensions of drilling assignments for three rigs with Brazil’s state-owned energy giant Petrobras.
Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has landed new drilling assignments for multiple premium jack-up rigs, spanning four continents: Africa, Asia, Europe, and the Americas.
OMV Offshore Bulgaria, an affiliate of Southeastern Europe’s integrated energy player OMV Petrom, NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, and Bulgarian Energy Holding EA have drilled a second exploration well in the Black Sea off the coast of Bulgaria.
Oslo-listed oil and gas E&P player BW Energy has signed a sale and leaseback agreement with China’s Minsheng Financial Leasing (MSFL) for a jack‑up drilling rig. BW Energy will receive an $80 million cash consideration, strengthening financial flexibility while maintaining continued access to the Ja
Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has held the naming ceremony for a multi-purpose jack-up rig it purchased from U.S.-headquartered offshore drilling contractor Noble Corporation in 2025. PV Drilling held a naming ceremony for PV DRILLING IX, which it describes
Norwegian authorities have given the all-clear for drilling activities Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NCS), with a rig owned by Saipem, an Italian engineering, drilling, and construction services giant.
Arabian Drilling, said to be Saudi Arabia’s largest onshore and offshore drilling company by fleet size, has revealed temporary suspensions for some offshore rigs in the Arabian Gulf, as its land fleet remains unaffected by the ongoing conflict in the Middle East.
ADES International, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has confirmed suspensions of operations for multiple rigs in its fleet as a result of the ongoing conflict between the U.S.-Israel alliance and Iran in the Middle East.
Norway’s state-owned oil and gas giant Equinor has kicked off drilling activities at its natural gas project off the coast of Brazil with a drillship owned by Valaris, a Bermuda-headquartered offshore drilling contractor.
Fontis Finance, an indirect subsidiary of Bermuda-headquartered Paratus Energy Services, is offloading its drilling operations and jack-up fleet to Proyectos Globales de Energía y Servicios CME (CME) and BC Ventures, a newly established 50/50 joint venture between subsidiaries of Bermuda-based Borr
Arcius Energy, an affiliate of the UK-headquartered BP and the UAE’s ADNOC, has set the stage to embark on a multi-well drilling campaign off the coast of Egypt with a drillship owned by Valaris, an offshore drilling contractor. The post BP and ADNOC’s JV ready to kick off Mediterranean gas hunt wit
While taking a deep dive into the floater rig market and top floating rig managers based on the current total backlog for 2026, Westwood Global Energy, an energy market research and consultancy firm, has spotlighted five offshore drilling players – Transocean, Noble, COSL, Seadrill, and Valaris – as
Brazil’s state-owned energy giant Petrobras has boosted South America’s energy arsenal with a new gas discovery off the coast of Colombia.
Norwegian state-owned energy giant Equinor has unveiled a new oil discovery in the Barents Sea off the coast of Norway, which was drilled with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.
