Offshore drilling contractor Shelf Drilling has secured short-term contract for the Shelf Drilling Enterprise and a contract extension for the Trident 16 jack-up drilling rigs.The Shelf Drilling Enterprise has been hired for one firm well operation in Vietnam…
Dutch oil and gas services company SBM Offshore raised its full-year core profit and revenue forecasts on Thursday, following a strong financial performance in the first half of 2025.The company, which provides floating production services to the offshore energy industry…
Akrake Petroleum Benin, Rex International's indirect subsidiary, has spudded the first well in the Sèmè Field in Block 1 offshore Benin, using the Borr Drilling’s Gerd jack-up drilling rig.The drilling is part of a 100-day three-well work program to redevelop the Sèmè field…
Saudi Arabian oil and gas drilling contractor ADES International Holding has agreed to buy rival rig firm Shelf Drilling for $379.8 million.The transaction is expected to close in the fourth quarter of 2025 subject to customary closing conditions…
Offshore drilling contractor Shelf Drilling has secured work for two of its jack-up drilling rigs in U.K. and Egypt, under new contracts and extensions worth collectively around $35 million.Shelf Drilling has signed a one-year extension for…
Portugal's Galp Energia on Monday raised its core profit target for the full year after a better-than-expected performance in the second quarter and said it expects to find a partner to develop a promising oil discovery offshore Namibia.Shares were up 2…
Saudi drilling contractor Arabian Drilling has secured contract extensions for five of its jack-up drilling rigs, with a combined value of over $365 million.Arabian Drilling signed contract extension for four of its rigs with Aramco, with a combined backlog value of $364 million (SAR 1…
Jadestone Energy, an Asia-Pacific focused oil and gas company, has increased production rates expectations from the Montara field offshore Australia, as the drilling operation with Valaris’ Valaris 247 jack-up rig nears completion.The Skua-11ST well at the Montara field has reached target depth…
Canada-based oil and gas company Valeura Energy has advanced its multi-well drilling campaign offshore Thaild, using Borr Drilling’s Mist jack-up rig.During the second quarter of 2025, Valeura mobilized Borr Drilling’s Mist jack-up drilling rig to Block G11/48…
Offshore drilling contractor Shelf Drilling has secured a one-year extension with Eni for its Key Manhattan jack-up rig.The total added contract value is approximately $29 million, and the rig is now committed until November 2026.According to Shelf Drilling…
Mammoet has signed a contract with Heerema Marine Contractors to support topside floatover operations for TenneT 2 GW offshore grid project in the North Sea.Mammoet will help prepare two giant units for floatover operations by skidding the topsides from HTV to the newly-built Heerema H731 barge…
Offshore drilling contractor Shelf Drilling has secured a three-year contract for the J.T. Angel jack-up rig with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India.The total added contract value is approximately $40 million…
Offshore drilling contractor Borr Drilling has singed new contract commitments for four of its premium jack-up rigs, which are set for deployment in the Middle East, Southeast Asia and Mexico.The new awards have a combined duration of approximately 1…
A towing incident has occurred on Saudi oil and gas drilling contractor ADES Holding’s jack-up barge Admarine 12, which capsized offshore Eqypt, killing four people, while three remain missing.The incident occurred on Tuesday, July 1, while…
Malaysia’s oil and gas services Velesto has secured a drilling contract for its NAGA 5 jack-up drilling rig by PTTEP HK Offshore and PTTEP Sarawak Oil, collectively referred as PTTEP, for its 2025 - 2026 drilling campaign in Malaysia.Under the contract…
AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week