October 7, 2026 · 8 hours ago Valaris has revealed a total of $220 million secured in new offshore assignments and contract extensions. Bermuda-incorporated offshore drilling contractor Valaris has won a wave of new offshore drilling contracts and extensions spanning…
October 1, 2026 · 6 hours ago Three rigs from Borr Drilling's fleet have picked up new awards off the coasts of West Africa, Nigeria, and the United Kingdom (UK).
September 28, 2026 · 7 hours ago An electrical fault has forced Karoon to throttle back a key well, slashing production outlook and putting a rig-based intervention on the table.
Arabian Drilling reported first-half 2026 revenue of SAR1.59 billion ($423 million), down 10.6 per cent year on year due to offshore rig suspensions. Second-quarter revenue fell seven per cent quarter on quarter to SAR765 million, although the decline was narrower…
Noble Corporation, a U.S.-based offshore drilling giant, has lined up a new assignment for a 12-year-old jack-up rig off the coast of Norway with ConocoPhillips Skandinavia, a subsidiary of the U.S.-headquartered energy company ConocoPhillips.
