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 NovemberKINGDOM 4 offshore rig under construction
General – Newbuilding
ARO, in collaboration with International Maritime Industries (IMI), signed a new agreement to construct the KINGDOM 4 offshore rig in Saudi Arabia.
[Read more…] about KINGDOM 4 offshore rig under constructionChevron set to drill exploration well off Suriname
Fossil Energy – Suriname
Chevron Suriname Exploration is about to start drilling the Korikori-1 exploration well in Block 5, offshore Suriname.
[Read more…] about Chevron set to drill exploration well off SurinameBW 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 conversionVelesto secures drilling contract from PTTEP for Naga 5
Fossil Energy – Drilling
Velesto Energy announced on Tuesday it has secured a drilling contract valued at an estimated US$40 million.
[Read more…] about Velesto secures drilling contract from PTTEP for Naga 5Shelf Drilling wins Saudi Aramco rig extension deal
Fossil Energy – Drilling
Oslo-listed jackup rig player Shelf Drilling has landed a five-year contract extension with Saudi Aramco for its High Island V unit.
[Read more…] about Shelf Drilling wins Saudi Aramco rig extension dealVelesto inks offshore Indonesia drilling rig contract
Fossil Energy – Drilling
Velesto has secured a drilling contract for the NAGA 8 jack up rig for work offshore Indonesia.
[Read more…] about Velesto inks offshore Indonesia drilling rig contractDamen Shiprepair hosts naming ceremony
General – Newbuilding
On 21 May 2025, a naming ceremony was held at Damen Shiprepair Rotterdam’s Botlek location for Obana, a self-elevating heavy lift jack-up.
[Read more…] about Damen Shiprepair hosts naming ceremonyAkrake finds rig for Sèmè project offshore Benin
Fossil Energy – Drilling
Lime Petroleum Holding has contracted the jack up Borr Gerd for a 120-day program offshore Benin.
[Read more…] about Akrake finds rig for Sèmè project offshore Benin