Transocean to Dispose of Five Cold Stacked Rigs, Recording $1.9 Billion Non-Cash Charge
Offshore drilling contractor Transocean has announced plans to dispose of five cold stacked rigs —…
Oilfield News
Transocean Rig to Begin Gas Drilling for ConocoPhillips Offshore Australia in October 2025
ConocoPhillips Australia (COPA), a subsidiary of ConocoPhillips, has revised its drilling schedule for a two-well…
Shelf Drilling Rig Extends Stay with Chevron in Angola
Shelf Drilling has secured a one-year contract extension for its jack-up rig Shelf Drilling Tenacious…
Petrobras Prepares for Deepwater Drilling in Amapá with Pre-Licensing Assessment
Petrobras is taking a key step toward unlocking Brazil’s Equatorial Margin, mobilizing the 2012-built drillship…
Borr Drilling Secures Contract Extension for Ran Jack-up with Eni in Mexico
Borr Drilling has announced that its 400-ft jack-up rig Ran has received a contract extension…
ADNOC Drilling Secures $1.15B Contract and Accelerates Fleet Expansion
ADNOC Drilling is ramping up its fleet expansion plans with the goal of acquiring dozens…
Equinor Gets Green Light for Deepsea Bollsta Plug and Abandonment at Troll Field
Equinor has secured consent from the Norwegian Ocean Industry Authority to deploy the Deepsea Bollsta…
ExxonMobil Starts Drilling off Australia with Valaris Jack-Up Rig
Esso Australia, the Australian subsidiary of ExxonMobil, has commenced drilling operations for the $200 million…
Noble Secures Dual Rig Contracts for CCS Drilling in UK North Sea
Noble Corporation has secured significant drilling contracts for two of its high-specification CJ70 jack-up rigs—Noble…
ADES Launches $380 Million Bid to Acquire Shelf Drilling
In a major move reshaping the offshore drilling landscape, Saudi-based ADES Holding has announced a…
BP Makes Its Largest Discovery in 25 Years at Bumerangue Prospect, Offshore Brazil
BP has made a landmark oil and gas discovery at the Bumerangue prospect in Brazil’s…
Saipem’s Scarabeo 8 Secures One-Year Contract Extension with Aker BP
Saipem has confirmed that Aker BP has exercised its final one-year option to extend the…