ADES Holding has secured three-year contracts from India's Oil and Natural Gas Corporation (ONGC) for two jack-up drilling rigs, with a combined firm contract value of approximately $117.2 million (SAR 439.6 million).The awards cover the standard jack-up rigs Key Singapore and Admarine 10, each contracted for a three-year firm period.Operations under the new contracts are expected to begin by the end of the first quarter of 2027…
Hokchi Energy, one of Mexico's largest private oil producers, plans to begin drilling two exploratory wells at the Woolis and Tojol prospects in shallow Gulf of Mexico waters, it said in a statement on Wednesday, adding that combined these had…
Cadeler has signed an exclusivity agreement with an undisclosed client for the installation of wind turbines and foundations at a large-scale offshore wind farm in the UK, with the campaign expected to begin around 2030.The planned foundation…
ADNOC Drilling Company PJSC announced that Kuwait Petroleum Corporation Higher Procurement Committee (KPCHPC) has approved the award to ADNOC Drilling of two separate contracts for Rig 1 and Rig 2 under Tender No. RFP-2151011 for Kuwait Oil Company (KOC)…
Malaysia's Velesto Energy has secured a contract from Petronas Carigali for its NAGA 3 jack-up drilling rig, covering one firm well and an option for a second well.The contract was awarded through Velesto's wholly-owned subsidiary, Velesto Drilling…
Dutch-based Jack-Up Barge, backed by the Van Es Group, has expanded its fleet with the three-legged accommodation and services jack-up unit JB 121, following a naming ceremony in Dalian, China.The ceremony took place on November 3 at Dalian Shipbuilding Offshore…
Offshore drilling contractor Valaris has secured approximately $600 million in new contracts and extensions since its previous fleet status report in August 2026, increasing its total contracted backlog to around $4.8 billion.The latest awards cover drillships…
ADES Holding has secured a one-year contract extension for the Shelf Drilling Tenacious jack-up rig offshore Angola and a new drilling contract for the Shelf Drilling Perseverance in Indonesia, adding to its offshore drilling backlog across Africa and Southeast Asia…
Dominion Energy's 2.6 GW Coastal Virginia Offshore Wind (CVOW) project has reached approximately 85% overall completion, with 44 of its planned 176 wind turbines installed and work on the 45th underway.The latest milestone marks an increase from 81% overall completion reported at the end of July…
Borr Drilling has confirmed the recovery of a fourth body following the sinking of its Prospector 5 jack-up rig offshore Gabon, with search operations continuing for one person still missing.The company said on November 2 that the body of a…
Offshore drilling contractor Noble Corporation has secured approximately $560 million in new rig contracts across Africa, South America and Norway since its July fleet status report, bringing its contracted backlog to $6.7 billion.The awards span six drilling rigs and include exploration…
Three bodies have been located inside the wreck of Borr Drilling's Prospector 5 jack-up rig, which sank offshore Gabon on October 24, with search and rescue operations continuing for two people still missing.The bodies were discovered during…
TotalEnergies has acquired a 25% working interest in 26 Chevron-operated exploration leases offshore the United States, expanding its offshore exploration portfolio and strengthening its partnership with Chevron.As part of the transaction, Chevron…
Baker Hughes reported a fall in third-quarter profit on Tuesday, as prolonged conflict in the Middle East hit demand for services and equipment in the key oil-producing region.Repeated flare-ups in the Middle East conflict, now in its eighth month…
Singapore's Seatrium has secured an agreement with Keppel's subsidiary RigCo to complete construction work on four offshore drilling rigs under an existing master services arrangement, with the total estimated contract value exceeding $390 million (S$500 million)…
AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week
