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PV Drilling Secures Jack-Up Rig Deal from Zarubezhneft off Vietnam

6 hours ago

Vietnam’s PV Drilling has signed a contract with Russia's Zarubezhneft EP Vietnam to provide jack-up drilling unit services for its 2026 development drilling campaign in Block 12/11 offshore Vietnam.Under the agreement, a jack-up rig will be mobilized for drilling operations at the Thien Nga-Hai Au field, with the campaign expected to last around 160 days and scheduled to begin in October 2026.The…

DEME Names Norse Energi as Offshore Wind Installation Fleet Expands

May 13, 2026

Belgian offshore contractor DEME has officially named its new jack-up offshore transport and installation vessel, Norse Energi, strengthening its offshore wind installation fleet alongside sister vessel Norse Wind.Norse Energi wind turbine installation…

ADNOC Drilling Posts Record First-Quarter Results with 5% Revenue Rise

May 11, 2026

ADNOC Drilling has reported its strongest-ever first-quarter performance, supported by high fleet utilization, growth in integrated drilling services and long-term contract coverage across its operations.The UAE-based drilling contractor posted first-quarter revenue of $1…

Gulf Marine Services Enters Africa, Latin America with New Contracts

May 05, 2026

Gulf Marine Services (GMS), a provider of jack-up support vessels to the offshore energy industry, has secured two contracts, marking its entry into Africa and Latin America and expansion of its footprint into new offshore energy markets.The…

Vessel Sector Deep Dive: WTIVs

May 01, 2026

The changing global bottom-fixed offshore wind turbine and foundation installation marketThe last two or three years have seen a change in the underlying stakeholder support for the energy transition, resulting in the energy trilemma being focused…

Intervention, Not Exploration: How Jack-ups Help Unlock Value

May 01, 2026

Talking about untapped value in offshore energy typically brings exploration, new wells and new developments to mind. But in today’s mature basins, the greatest source of opportunity is often neither new nor undiscovered.Many offshore regions…

Petrodec’s OBANA Resumes Decom Work with Perenco in North Sea

Apr 28, 2026

Petrodec, a specialist in integrated solutions for decommissioning and part of the Dixstone group, has started its second decommissioning project for Perenco UK with its OBANA jack-up platform, moving to the Pickerill field in the UK Southern North Sea…

Gulf NOCs and MODU Operators Look to Contractual Resilience to Ride Out Disruption

Apr 24, 2026

Continued idling of assets should the conflict persist would see wider MODU market tightening as drillers and NOCs manage capacity.The impact of the war in the Middle East on the offshore energy sector has so far received less attention than…

Middle East Conflict Jolts Offshore Drilling Market

Apr 22, 2026

Conflict between Iran, the United States, Israel and allies throughout the Gulf region has had an immediate effect on the oil and gas industry, both upstream and downstream. Drone and missile attacks have damaged refineries and as of mid-April 2026…

Valeura Charters Shelf Drilling’s Jack-Up Rig for Gulf of Thailand Ops

Apr 22, 2026

Canada-based oil and gas company Valeura Energy has signed an agreement with Shelf Drilling to chart the Shelf Drilling Enterprise jack-up rig for a three-year term through the end of 2029.The rig, owned by Shelf Drilling (Southeast Asia), a subsidiary of ADES Holding Company…

UK’s Biggest Offshore Wind Blades Installed at East Anglia THREE

Apr 21, 2026

ScottishPower, part of Iberdrola, and Masdar have installed the first turbine at the $5.4 billion (£4 billion) East Anglia THREE offshore wind farm, marking a U.K. record with blades measuring 115 meters.The blades are the largest manufactured and installed for a project in U…

ADES Boosts Backlog with Several Drilling Rig Deals off Nigeria

Apr 17, 2026

Offshore drilling contractor ADES Holding has secured multi-year contracts for three premium jack-up rigs offshore Nigeria and a separate one-year extension for another rig, strengthening its presence in West Africa.The drilling services provider…

Metropolitan CCS Cleared to Drill CO2 Storage Wells off Japan

Apr 16, 2026

The Metropolitan CCS joint venture, which includes INPEX and Kanto Natural Gas Development, has received approval to conduct offshore drilling for carbon capture and storage (CCS) off Japan’s Chiba Prefecture.The Metropolitan CCS joint venture…

Borr Drilling Expects Higher Activity as Rigs Return to Work

Apr 13, 2026

Offshore drilling contractor Borr Drilling has informed that several of its rigs in the Middle East are returning to operations following recent disruptions, as the company secures a new contract in Southeast Asia.The company said the Arabia…

Borr Drilling Secures New Drilling Rig Contracts Across Four Regions

Apr 02, 2026

Offshore drilling contractor Borr Drilling has secured new contract commitments and extensions for four of its premium jack-up rigs across Africa, the Americas, Europe and Southeast Asia.In West Africa, the Prospector 5 rig has received a binding…

Current News

PV Drilling Secures Jack-Up Rig Deal from Zarubezhneft off Vietnam

PV Drilling Secures Jack-Up Rig Deal from Zarubezhneft off Vietnam

Longitude to Integrate SynergenOG Following ABL Group Acquisition

Longitude to Integrate SynergenOG Following ABL Group Acquisition

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

Global Oil Supply to Fall Short of Demand as Iran War Goes On, IEA Says

Global Oil Supply to Fall Short of Demand as Iran War Goes On, IEA Says

Iraq, Pakistan Secure Oil Shipments via Hormuz with Iran Agreements

Iraq, Pakistan Secure Oil Shipments via Hormuz with Iran Agreements

Norway O&G Revenue Forecast Jumps 30% for '26

Norway O&G Revenue Forecast Jumps 30% for '26

QatarEnergy, TotalEnergies and ConocoPhillips Team Up on Syria Offshore Block

QatarEnergy, TotalEnergies and ConocoPhillips Team Up on Syria Offshore Block

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