Fossil Energy – Merger
ADES and Shelf Drilling have completed their planned merger, with Shelf Drilling now wholly owned by ADES.
[Read more…] about ADES completes merger with Shelf DrillingNorthern Ocean sells Deepsea Bollsta to Odfjell
General – Sale Semi Sub
Odfjell Drilling has signed an agreement for the acquisition of the harsh environment semi-submersible drilling rig Deepsea Bollsta from Northern Ocean, for a total consideration of USD 480 million.
[Read more…] about Northern Ocean sells Deepsea Bollsta to OdfjellTrump plans to allow drilling off California coast
Fossil Energy – Drilling USA
The Trump administration is planning to allow oil and gas drilling off the California coast for the first time in decades, according to a draft plan shared with the Washington Post.
[Read more…] about Trump plans to allow drilling off California coastVaalco to begin Gabon program in late November
Fossil Energy – Drilling
Vaalco Energy expects to begin its 2025/2026 drilling program offshore Gabon in late November 2025.
[Read more…] about Vaalco to begin Gabon program in late NovemberExpansion offshore portfolio with five Jana jack-up barges
General – ARAMCO
Synergy Ship Arabia has assumed full technical management of five self-propelled jack-up barges owned by Jana Marine, along with several other offshore support vessels deployed for ARAMCO projects.
[Read more…] about Expansion offshore portfolio with five Jana jack-up bargesShell expands in Angola with $1 billion offshore exploration investment
Fossil Energy – Angola
Shell will invest approximately $1 billion in new oil blocks in Angola as the southern African nation seeks to boost production that has dwindled over the years.
[Read more…] about Shell expands in Angola with $1 billion offshore exploration investmentDrilling job in Saudi waters on ADES rig’s agenda in January
Fossil Energy – Drilling
Saudi Arabia-headquartered ADES Group has secured the green light to restart one of its offshore drilling assignments off the coast of Saudi Arabia.
[Read more…] about Drilling job in Saudi waters on ADES rig’s agenda in JanuaryBorr Drilling terminates two rig contracts due to sanctions
Fossil Energy – Termination
Borr Drilling announced Friday it has terminated two drilling contracts in Mexico following the implementation of international sanctions affecting an unnamed counterparty.
[Read more…] about Borr Drilling terminates two rig contracts due to sanctionsPharos Energy launches six-well drilling campaign
Fossil Energy – Drilling Vietnam
Pharos Energy has officially kicked off a six-well drilling campaign offshore Vietnam.
[Read more…] about Pharos Energy launches six-well drilling campaignForesea secures $110 million Petrobras extensions for two drillships
Fossil Energy – Drilling
Brazilian offshore drilling contractor Foresea has secured contract extensions worth approximately $110 million with Petrobras for two of its ultra-deepwater drillships.
[Read more…] about Foresea secures $110 million Petrobras extensions for two drillships