Rigs

Five Noble rigs change hands, expanding Borr Drilling’s fleet to 29 jack-ups
Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has taken into its fold five premium jack-up rigs, which used to be part of the U.S.-headquartered Noble Corporation’s fleet.

North Sea wildcat on COSL rig’s drilling agenda for March
The Norwegian state-owned energy giant Equinor has obtained a drilling permit from the Norwegian Offshore Directorate (NOD) for a wildcat well in the Norwegian sector of the North Sea.

African field days away from flipping oil production switch on almost 30 years after shutdown
Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, which is an 89.74% subsidiary of Singapore’s Rex International Holding, has updated its timeline for bringing back online an oil field off the coast of Benin that ceased production due to low oil prices in the late 1990s.

Noble scores $1.3 billion in rig deals and enters Norway’s floater drilling scene
U.S.-headquartered offshore drilling contractor Noble Corporation has picked up new assignments for nine drilling rigs in its fleet, including a job for one of its semi-submersible units, which enables it to make its entrance into the Norwegian harsh environment floater market.

Exclusive interview: Velesto sets its sights on Malaysia and Southeast Asia gas drilling plays
As global energy security concerns keep the demand for oil and gas alive, Malaysia’s Velesto Energy, owner of premium jack-up rigs and hydraulic work-over units, has dived into its expectations for 2026, highlighting its belief that the jack-up rig market will remain on stable ground during the year

Equinor’s drilling ops with Transocean rig in the clear
Equinor has secured the green light from the Norwegian authorities for drilling activities in the Norwegian Sea, which will be undertaken with a semi-submersible rig owned by Transocean, an offshore drilling player.

Three Seadrill rigs line up jobs in Malaysia, Norway, and Brazil
Seadrill, an offshore drilling contractor, has secured work assignments for a drillship and a jack-up rig off the coasts of Malaysia and Norway, alongside a contract extension for another drillship deployed in Brazilian waters.

Transocean rig winds down drilling gig with ConocoPhillips and goes to its next job
ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has completed its drilling program in the Otway Basin off the coast of Australia, with a semi-submersible rig owned by Transocean, an offshore drilling player. As a result, the rig has moved on to an

Stena Drilling and Keystone set their cap on upping the digital drilling ante
Scotland-headquartered offshore drilling contractor Stena Drilling has joined forces with Keystone, Norway’s supplier of planning and execution software for well operations, to advance a next-generation, automation-enabled well delivery model.

Fresh gas and condensate discovery makes its presence known in North Sea
Equinor has unearthed a new gas and condensate discovery in the North Sea off the coast of Norway, using one of Odfjell Drilling’s semi-submersible rigs.

Philippines strikes ‘breakthrough’ offshore gas discovery
Prime Energy Resources Development (Prime Energy), a subsidiary of Prime Infrastructure Capital, has made a natural gas discovery, described as the first major gas find in more than ten years off the coast of the Philippines.

Barents Sea oil discovery’s potential strengthened by appraisal ops
Vår Energi, a Norwegian oil and gas operator, has finished drilling an appraisal well related to an oil discovery in the Barents Sea, confirming reservoir quality and adding recoverable volumes.

Nine rigs from Valaris-Aramco JV’s fleet embrace ALTAVE’s AI monitoring solution
ARO Drilling, a 50/50 joint venture between Valaris and Aramco in Saudi Arabia, has made arrangements to equip nine rigs with artificial intelligence (AI) monitoring technology from ALTAVE, a technology player specializing in the development of AI solutions for monitoring and securing complex operat

Saipem’s jack-up returns to work in ‘key market’ after one-year suspension
Saipem’s jack-up rig Perro Negro 7 is set to resume operations in Saudi Arabia this month, after the contract it had secured in 2011 was temporarily suspended in 2024. Saipem won the contract for Perro Negro 7 in 2011 and secured an extension in June 2023 for ten years. The contract was temporarily