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Rigs

PV Drilling IX drilling rig on a specialized transport ship arrived in Vung Tau, Ho Chi Minh City, on the morning of December 25, 2025; Source: PV Drilling
Rigs

Drilling ops set for April: Rig ends nearly 13K-nautical mile journey from Europe to Asia

Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has confirmed the arrival of a jack-up drilling rig to Southeast Asia, where it will embark on drilling activities next year.

about 10 months ago
Scarabeo 8 rig; Source: Saipem
Rigs

Drilling ops with Saipem rig cleared for take-off in North Sea

Norwegian authorities have given their blessing for exploration drilling activities Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NOC), with a semi-submersible rig owned by Saipem, an Italian engineering, drilling, and construction

about 10 months ago
A jackup rig being transported on a vessel
Rigs

Drilling ops run into technical glitches, postponing production start-up

Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, which is an 89.74% subsidiary of Singapore’s Rex International Holding, has encountered technical difficulties during its drilling activities at a field off the coast of Benin.

about 10 months ago
Deepwater Proteus drillship; Source: Transocean
Rigs

Shell hits black gold in Gulf of America

A U.S. subsidiary of the UK-headquartered energy giant Shell has found more oil during drilling operations with one of Transocean’s drillships in the U.S. Gulf of America (Gulf of Mexico).

about 10 months ago
Scarabeo 8; Source: Saipem
Rigs

Oil & gas operator keeping Saipem’s 2012-built rig busy into 2028

Italy’s engineering, drilling, and construction services giant Saipem has landed a third contract extension for its 13-year-old semi-submersible drilling rig with Aker BP, a Norwegian oil and gas player, for operations off the coast of Norway.

about 10 months ago

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Deepsea Aberdeen rig; Source: Odfjell Drilling
Rigs

Odfjell Drilling firms up 11-year-old rig’s multi-year gig in Norwegian waters

Odfjell Drilling, a 52-year-old offshore drilling player, has turned a letter of intent (LoI) into a new contract for its 2014-built semi-submersible rig, which will now be booked for work until the first quarter of 2029.

about 10 months ago
An offshore rig
Rigs

North Sea yields fresh gas and condensate discovery

Harbour Energy Norge, a subsidiary of London-listed oil and gas company Harbour Energy, has made a new gas and condensate discovery in the Norwegian sector of the North Sea, which was drilled with a semi-submersible rig owned by Transocean, an offshore drilling contractor.

about 10 months ago
Noble Resolute; Source: Noble Corporation
Rigs

Noble, Borr Drilling, and ADES jack-up rig trio hard at work in Dutch North Sea

Three jack-up rigs, owned by Noble Corporation, ADES (former Shelf Drilling), and Borr Drilling, are carrying out oil and gas drilling activities in the Dutch sector of the North Sea (DNS) for Canada’s Tenaz Energy, the Netherlands-based ONE-Dyas, and Italy’s Eni.

about 10 months ago
Sonangol Quenguela drillship; Source: Seadrill
Rigs

Seadrill’s rig trio scoops up drilling jobs in US and Angola

Seadrill, an offshore drilling contractor, has found more work in the U.S. Gulf and Angola for three mobile offshore drilling units (MODUs) in its rig fleet.

about 11 months ago
NAGA 3 rig; Source: Velesto Energy
Rigs

Velesto bids goodbye to 2010-built jack-up rig

Malaysia’s Velesto Energy has struck a deal to divest a 15-year-old jack-up rig for a total cash consideration of $63 million (equivalent to RM 258.4 million).

about 11 months ago

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Noble Globetrotter I drillship; Source: Noble
Rigs

WATCH: Noble rig reaches Bulgaria to kick off Black Sea drilling ops by year-end

Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, are getting ready to begin drilling activities in the Black Sea off the coast of Bulgaria.

about 11 months ago
COSL Innovator rig; Source: COSL
Rigs

Go-ahead for Equinor’s drilling ops with COSL rig in Norwegian waters

Equinor has received the Norwegian authorities’ blessing for drilling activities in the Norwegian Sea, which will be undertaken with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

about 11 months ago
Deepsea Bollsta; Source: Odfjell Drilling
Rigs

Odfjell Drilling buys six-year-old rig: Name change coming up next year

A 2019-built semi-submersible rig, owned by Northern Ocean, has now been acquired by Odfjell Drilling, which plans to rename this mobile offshore drilling unit (MODU) in 2026.

about 11 months ago
A floating production storage and offloading unit at sea
Rigs

Short lease turns into long-term gig for rig set to become drilling and wellhead platform

Oslo-listed oil and gas E&P player BW Energy has secured a project lease agreement with Minsheng Financial Leasing Co (MSFL) for an offshore unit, which is expected to be repurposed from a jack-up rig into a fully integrated drilling and production platform.

about 11 months ago