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 DrillingVaalco 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 NovemberDrilling 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 sanctionsFirst NGC well with jack-up rig V-144 for Azule
Fossil Energy – Azule
Azule Energy announced the successful spud of QUI-Q-GP01, the first well of the New Gas Consortium (NGC), using jack-up rig Valaris V-144.
[Read more…] about First NGC well with jack-up rig V-144 for AzuleDevelopment campaign Valeura’s Jasmine field
Fossil Energy – Drilling
Valeura Energy’s development drilling campaign at the Jasmine field on Block B5/27 offshore Thailand is underway with Borr Drilling 400-ft jackup Mist.
[Read more…] about Development campaign Valeura’s Jasmine fieldRich gas condensate discovery Namibia
Fossil Energy – Discovery
Rhino Resources, in partnership with Azule Energy, NAMCOR NAMIBIA, and Korres Investments, has announced a rich gas-condensate discovery (~40° API) with the Volans-1X well in PEL 85.
[Read more…] about Rich gas condensate discovery NamibiaBW Energy takes ownership of jack up for conversion
General – Ownership
BW Energy has taken over ownership of jack up Valaris 247.
[Read more…] about BW Energy takes ownership of jack up for conversionBorgland Dolphin signed Letter of Intent
Fossil Energy – Drilling
Dolphin Drilling announced that an undisclosed party has signed a letter of intent for a contract for the rig Borgland Dolphin.
[Read more…] about Borgland Dolphin signed Letter of IntentBorr Drilling finds offshore work for two jack-up rigs
Fossil Energy – Drilling
Borr Drilling has secured contracts for two of its jack-ups, with all three assignments set to start later this year, the company said in an Aug. 27 update.
[Read more…] about Borr Drilling finds offshore work for two jack-up rigs