Coiled Tube Drilling News


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…

PV Drilling Names New ‘Super Rig’ ahead of April Operations

Mar 31, 2026

Petrovietnam Drilling & Well Service Corporation (PV Drilling) has named and commissioned its multi-purpose jack-up rig PV DRILLING IX in Ho Chi Minh City, with operations expected to begin in April 2026.The rig, described by the company as a high-specification unit…

CRP Subsea Lands Offshore Wind Contract for Germany’s Nordlicht I

Mar 30, 2026

CRP Subsea has secured a contract from Jan De Nul to supply cable protection systems for Vattenfall’s Nordlicht I offshore wind project in the German North Sea.Under the agreement, CRP Subsea will deliver 141 cable protection systems to safeguard…

ExxonMobil, Halliburton Marks Automated Drilling Milestone off Guyana

Mar 26, 2026

Halliburton, in collaboration with ExxonMobil, Sekal, Noble, and the Wells Alliance Guyana team, has delivered a groundbreaking step forward in digital well construction to achieve the industry’s first fully automated geological well placement with complete rig automation in offshore Guyana…

Arabian Drilling Flags Temporary Offshore Rig Suspensions in Persian Gulf

Mar 26, 2026

Saudi Arabia’s drilling contractor Arabian Drilling has informed that some of its offshore rigs in the Persian Gulf have been temporarily suspended as a precautionary measure amid ongoing regional tensions, while its land operations remain unaffected…

Shell Sees Encouraging Signs at Sirius-1X Exploration Well Offshore Egypt

Mar 13, 2026

The drilling results from Shell’s Sirius 1X exploratory well in the Mediterranean Sea offshore Egypt have shown encouraging initial indications, Egypt’s Ministry of Petroleum and Mineral Resources said in an update.The well is operated by Shell…

Borr Drilling Puts Three Jack-Up Rigs in Arabian Gulf on Standby

Mar 09, 2026

Offshore drilling contractor Borr Drilling has placed three jack-up rigs on standby in the Arabian Gulf following recent hostilities in the region arising from the U.S.-Israel and Iran war.The company has four jack-up rigs deployed in the area…

VAALCO Adjusts Gabon Drilling Plan After Exploration Well Result

Mar 09, 2026

VAALCO Energy has completed drilling the ET-14P exploration well at the Etame field offshore Gabon as part of its Phase Three drilling program and plans to sidetrack the well to drill a development target.The ET-14P well encountered 10 meters…

Valeura Lifts Output with Three Producing Wells at Thailand’s Manora Field

Mar 09, 2026

Valeura Energy has completed an infill drilling campaign at the Manora field in the Gulf of Thailand, bringing three new wells online and increasing oil production from the asset.The campaign was carried out from the Manora A platform on Block G1/48…

Next-Gen Rig Simulation: Inside Saipem’s New Drilling Training Centre

Mar 06, 2026

Saipem has launched a state-of-the-art Drilling Training Centre featuring a full-scale simulator designed to deliver immersive, hands-on training for drilling personnel operating in complex offshore environments. Accredited by the International Well Control Forum…

Hercules Semi-Sub Rig Lines Up Canada Job Under $170M Deal

Mar 06, 2026

SFL Corporation has signed a drilling contract in Canada with an unnamed multinational oil and gas company for the harsh environment semi-submersible rig Hercules, which is managed by Odfjell Drilling.The estimated contract value is approximately $170 million for the minimum term of 400 days…

Kongsberg Maritime, Seadrill, Hanwha Drilling to Develop Remote Dynamic Positioning Technology

Mar 04, 2026

Seadrill Limited, an offshore drilling contractor, Kongsberg Maritime AS, a global technology leader, and Hanwha Drilling, a provider of offshore drilling services, announced a strategic alliance to develop the next generation of remote Dynamic Positioning (DP) technology in offshore drilling…

Velesto Inks Five-Year Drilling Deal for Jack-Up Rig with Petronas

Mar 03, 2026

Malaysia’s oil and gas services firm Velesto has secured a five-year drilling contract from Petronas for its NAGA 2 jack-up rig.Under the contract, NAGA 2 will undertake drilling activities beginning in February 2026 for a firm period of five years…

Arabian Drilling Reactivates Fleet as GCC Offshore Contract Starts

Mar 03, 2026

Arabian Drilling has reactivated two rigs that were recalled in the fourth quarter of 2025 and launched its first international offshore contract within the Gulf Cooperation Council region-based company.The Saudi Arabia-based contractor said…

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