Fossil Energy – Drilling
Valeura Energy has chartered a jack-up drilling rig owned by UAE-based Shelf Drilling for multi-year work in the Gulf of Thailand.
[Read more…] about Valeura charters Shelf Drilling’s 19-year-old rigBorr Drilling JV to acquire Fontis Energy jackups
General – Acquisition
Borr Drilling has entered into definitive agreements to acquire five jackups from Paratus Energy Services indirect subsidiary Fontis Finance for a purchase price of $287 million.
[Read more…] about Borr Drilling JV to acquire Fontis Energy jackupsBorr Drilling secures new jack up work and extensions
Fossil Energy – Drilling
Borr Drilling reported a series of recent contract extensions and new assignments for several of its jack up drilling rigs.
[Read more…] about Borr Drilling secures new jack up work and extensionsStrategic acquisition for Ocean Oilfield Drilling
General – Acquisition
Ocean Oilfield Drilling is set to acquire the jack-up drilling rig Noble Resolve.
[Read more…] about Strategic acquisition for Ocean Oilfield DrillingADES completes merger with Shelf Drilling
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 5