Ocean Rig News


PXGEO Appoints New Technical and Operations Chiefs

Jan 14, 2026

Marine seismic company PXGEO has appointed two senior executives to strengthen its leadership team and support operational performance across its global operations.Bob Nouh has been named technical solutions director and senior vice president…

Second Gas Discovery Confirmed at ConcoPhillips’s Otway Basin Well off Australia

Jan 14, 2026

Gas has been confirmed at the Charlemont-1 exploration well offshore Victoria, operated by ConocoPhillips, following the successful recovery of a gas sample that validates the Charlemont Trend in Australia’s Otway Basin.Australia’s 3D Energi…

Akrake Targets Late-January Production Start Up at Benin Offshore Field

Jan 12, 2026

Akrake Petroleum, an indirect subsidiary of Rex International, is expected to start oil production at the Sèmè Field offshore Benin by the end of January, following completion of drilling operations on a key production well.Rex said production…

Navitas Eyes More North Falklands Exploration Acreage after Sea Lion FID

Jan 12, 2026

Navitas Petroleum has signed a non-binding agreement to farm into an offshore exploration license in the North Falklands Basin adjacent to its recently sanctioned Sea Lion oil development, as the operator advances plans to expand its footprint in the region…

OceanMight Gets Petronas’ Offshore Construction Job in Malaysia

Jan 12, 2026

OceanMight, a subsidiary of KKB Engineering, has secured a contract from Petronas for construction services at greenfield development project offshore Malaysia.The letter of award signed by the companies is for the provision of minor engineering…

Vallourec Nets Shell’s Oil and Gas Deal in Brazil

Jan 12, 2026

French tubular solutions supplier Vallourec has secured a significant contract with Shell for oil and gas project offshore Brazil.The agreement covers the supply of oil country tubular goods (OCTG) products and services for Shell’s offshore operations in the development of the Orca project…

Vard to Build Four New Multi-Purpose Robotic Vessels for Ocean Infinity

Jan 12, 2026

Vard, the Norwegian subsidiary of the Fincantieri Group, has signed a new contract with existing customer Ocean Infinity for the design and construction of four Multi-Purpose Robotic Vessels (MPVs).The contract, whose value exceeds $230 million (€200 million)…

Prosafe Nets $2.7M Extension for Safe Caledonia Flotel with Ithaca Energy

Jan 09, 2026

Oil and gas firm Ithaca Energy has exercised all three remaining weeks of options for Prosafe’s Safe Caledonia accommodation rig, which will continue providing support at its Captain field in the U.K. sector of the North Sea.The extension will…

Saipem’s Jack-Up Rig Goes Back to Work with Aramco off Saudi Arabia

Jan 09, 2026

Italian offshore services firm Saipem has informed that its jack-up rig Perro Negro 7 will resume operations off Saudi Arabia for Aramco, starting January 2026.The contract for Perro Negro 7 was awarded to Saipem in 2011 and extended in June 2023 for 10 years…

ASRY Offshore Division Looks to 200th Project Milestone

Jan 07, 2026

The offshore division of Arab Shipbuilding and Repair Yard (ASRY) in Bahrain is on track to deliver its 200th project milestone in the first quarter of 2026. It will be a landmark achievement for ASRY since its Offshore Division was established…

Ørsted to Challenge US Stop-Work Order for Another Offshore Wind Project

Jan 07, 2026

Ørsted will file a complaint and seek a preliminary injunction in the U.S. District Court for the District of Columbia, challenging U.S. government’s lease suspension order issued for the Sunrise Wind offshore wind project, after it instigated…

Petrobras Halts Drilling in Environmentally Sensitive Area After Fluid Leak

Jan 06, 2026

A synthetic fluid leak of about 15 cubic meters (15,000 liters) has halted Brazilian state-run oil firm Petrobras' drilling of a well in the environmentally sensitive Foz do Amazonas Basin, the company said on Tuesday.In a statement, Petrobras…

Borr Drilling Locks In Mexico Extension, New US Contract for Two Jack-Ups

Jan 06, 2026

Offshore drilling contractor Borr Drilling has secured new contract commitments for two of its premium jack-up rigs, adding firm work in Mexico and the United States.Borr Drilling’s jack-up rig Ran has received a one-well extension from Italy’s Eni in Mexico…

Transocean Nets $168M in Two Drilling Rig Contracts

Jan 05, 2026

Offshore drilling contractor Transocean has secured a new contract and an extension for two of its rigs, adding approximately $168 million to its firm backlog.In Brazil, the Deepwater Mykonos was awarded a contract by BP for an estimated 302-day campaign beginning in the third quarter of 2026…

Equinor Files Lawsuit Against US Over Offshore Wind Project Suspension

Jan 05, 2026

Equinor has filed a civil suit in the U.S. District Court for the District of Columbia, challenging a U.S. Department of the Interior order to suspend work on its Empire Wind 1 offshore wind project.The company said it plans to seek a preliminary…

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