Jackup Rig News


Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Jul 20, 2026

Malaysia-based offshore drilling contractor Velesto Energy has mutually agreed with PC Ketapang II, PC North Madura II and PETRONAS North Ketapang to terminate, without cause, a contract for the NAGA 8 jack-up drilling rig offshore Indonesia…

Odfjell Drilling’s Deepsea Nordkapp Secures Another Year with Aker BP

Jul 20, 2026

Odfjell Drilling has received confirmation from Aker BP that the firm contract for the Deepsea Nordkapp semi-submersible rig has been extended by one year.The extension increases the rig's firm backlog through the end of 2028, after which Aker BP retains further extension options…

ADES Boosts Backlog with $230M Nigeria, North Sea Deals

Jul 20, 2026

Saudi Arabian oil and gas drilling contractor ADES Holding has secured two offshore drilling contracts in Nigeria and the U.K. North Sea, worth $229 million combined, strengthening its backlog and jack-up fleet utilization.The larger of the…

DeepOcean Wraps Up Decom Scope at Spirit Energy’s North Sea Field

Jul 14, 2026

DeepOcean has completed subsea decommissioning work at Spirit Energy's Seven Seas and Grove West fields in the southern North Sea, recovering a subsea wellhead protection structure and disconnecting subsea infrastructure ahead of a planned rig campaign…

Vår Energi Secures Permits to Drill North Sea Wildcat Wells

Jul 13, 2026

The Norwegian Offshore Directorate (NOD) has granted drilling permits to Vår Energi for two wildcat wells in North Sea offshore Norway.The first permit is for wellbore 35/6-7 S in production license 929, operated by Vår Energi with 40% stake…

Arabian Drilling Set to Resume Ops with Three Offshore Rigs

Jul 13, 2026

Saudi Arabian drilling contractor Arabian Drilling has received approval to resume operations for three offshore drilling rigs that had been temporarily suspended earlier this year, with the units expected to return to work within weeks.The suspensions…

From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced

Jul 08, 2026

Premium jackup dayrates have improved from 2025 lows and are now holding within a higher range, but pricing remains uneven across fixtures and geographies. That is important, but dayrates are only the starting point. On their own, they say very…

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Jul 08, 2026

Eni Muara Bakau, a subsidiary of Eni-Petronas joint venture Searah, has extended a drilling job for Ventura Offshore’s SSV Catarina semi-submersible rig, operating offshore Indonesia.Eni Muara Bakau has exercised an option for a fourth well and a tophole in Indonesia for the the SSV Catarina…

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Jul 08, 2026

Dolphin Drilling has secured a further extension for its deepwater-capable semi-submersible rig Blackford Dolphin with Oil India, keeping the rig on contract until at least August 28, 2026.The extension will allow completion of drilling, testing…

Deepsea Mira Rig Wraps Up Shell's Drilling Job off Namibia

Jul 06, 2026

Deepsea Mira drilling rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling, has completed a drilling contract with Shell offshore Namibia, and is demobilizing to Walvis Bay for planned upgrades and modifications ahead of future operations…

Norway Averts Offshore Drilling Workers Strike with New Wage Deal

Jul 06, 2026

Norway's unions representing workers on drilling rigs and floating production platforms reached a wage deal on Thursday evening, ahead of a midnight deadline to avert a strike, labour unions and the employers' association said.The unions had…

Norway Seeks to Avert Offshore Strike Through Mediation

Jul 02, 2026

Norwegian unions representing offshore drilling rig and floating platform workers entered state-mediated wage talks on Wednesday, aiming to avert a strike from Friday that could affect parts of the country's oil and gas sector.The three unions…

Tenaris Opens Suriname Service Center to Support GranMorgu Offshore Project

Jul 01, 2026

Steel pipe supplier Tenaris has started operations at a new service center in Suriname to support the GranMorgu offshore project, operated by TotalEnergies with APA Corporation and Staatsolie Maatschappij Suriname as partners.Located in Paramaribo…

Transocean Nets $1B Rig Deals with Equinor Offshore Norway

Jul 01, 2026

Offshore drilling contractor Transocean has signed a conditional agreement with Equinor for the use of three harsh-environment semi-submersible rigs on the Norwegian continental shelf, adding more than $1 billion to its contract backlog.The agreement…

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