Marco Polo Drilling News

 

From Regional Champion to Global Powerhouse: Inside ADES and Shelf Drilling Fleet Merger

Oct 24, 2025

ADES is the largest jackup drilling contractor globally, with 44 rigs owned, and four under its management, and a fleet valued at $1.98 - $2.2 billion. Shelf Drilling, also among the TOP 5 jackup drilling contractors, has a modern 32-rig competitive fleet valued at $1…

Norway Issues Drilling Permit for Vår Energi’s North Sea Field

Oct 24, 2025

The Norwegian Offshore Directorate (NOD) has granted Vår Energi a drilling permit for a wildcat well in the North Sea field.The permit is for wellbore 25/8-C-23 D in production license 027.Vår Energi is the operator of the license, with 90% working interest…

Saipem Scoops $135M in New Drilling Rig Contracts and Extensions

Oct 22, 2025

Saipem has strengthened its offshore drilling order intake with new contract awards and extensions worth a total amount of approximately $135 million, further reinforcing its presence in key strategic areas such as West Africa, the Mediterranean…

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Oct 21, 2025

U.K.-based Pharos Energy, an independent energy company with assets in Vietnam and Egypt, has started a six-well drilling campaign offshore Vietnam designed to lift production from two of its existing fields and open new development opportunities…

Energy Drilling’s EDrill-2 Rig Starts Ops for PTTEP in Gulf of Thailand

Oct 20, 2025

The tender-assist drilling rig EDrill-2, owned by its SED Energy Holdings’ subsidiary Energy Drilling, has started operations for PTT Exploration and Production Public Company (PTTEP) in the Gulf of Thailand.EDrill-2 mobilized to the Gulf of Thailand…

Sanctions Force Vantage Drilling to End Platinum Explorer Contract

Oct 20, 2025

Offshore drilling contractor Vantage Drilling has announced the termination of the contract for its ultra-deepwater drillship Platinum Explorer.The termination, with immediate effect, is for the 260-day campaign the Platinum Explorer drillship was hired earlier in 2025…

Deepsea Yantai Semi-Sub Cleared for OKEA Drilling Job

Oct 09, 2025

The Norwegian Ocean Industry Authority (Havtil) has granted OKEA a consent to use Deepsea Yantai semi-submersible rig for production drilling on the Draugen field in the Norwegian Sea.Draugen is a field in the southern part of the Norwegian Sea…

Shelf Drilling Shareholders Clear Merger with ADES

Oct 08, 2025

The shareholders of Dubai-based Shelf Drilling have approved the proposed cash merger with offshore oil contractor ADES International Holding, following the revised offer the Saudi Arabian firm.An extraordinary general meeting was held on October 6…

Dolphin Drilling Secures Repsol Job for its Warm-Stacked Drilling Rig

Oct 07, 2025

Offshore drilling contractor Dolphin Drilling has signed a contract with Repsol for its Borgland Dolphin semi-submersible drilling rig, valued approximately $60 million.The contract follows the letter of intent the companies signed in September 2025…

Eni Resumes Drilling Northwest of Libya After Five Year Hiatus

Oct 05, 2025

The North African branch of Italian energy company Eni has resumed its exploration drilling in an offshore area northwest of Libya after a five-year hiatus, the Libyan state-run National Oil Corporation (NOC) said on Sunday.In 2024, Eni and…

Ventura Offshore’s Semi-Sub Rig to Keep Drilling for Eni in Asia

Oct 03, 2025

Eni has exercised an option to keep a semi-submersible rig from Ventura Offshore Midco, a subsidiary of Brazilian offshore drilling contractor Ventura Offshore, operational offshore Indonesia.This is the second of four optional wells exercised…

Norway Clears Harbour Energy’s Drilling Op in North Sea

Oct 02, 2025

The Norwegian Offshore Directorate (NOD) has granted Harbour Energy a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 35/8-8 S in production license 248 LS and 248 B.The license is operated by Harbour Energy with 60% working interest…

Noble Corporation’s Drillship Up for Another Drilling Job off Ghana

Sep 29, 2025

Offshore drilling contractor Noble Corporation has signed a new contract with Amni International Petroleum Development Company in Ghana for the Noble Venturer drillship.The contract is expected to start once the rig is released from its current…

Deepsea Mira Semi-Sub Spuds Appraisal Well for BW Energy off Namibia

Sep 19, 2025

BW Energy, together with NAMCOR E&P, has started drilling the Kharas well in the Orange Basin, offshore Namibia, with Northern Ocean’s Deepsea Mira semi-submersible drilling rig.The drilling of the appraisal well is taking place in the Kudu license (PPL003) operated by BW Energy…

Equinor’s North Sea Wildcat Well Yields No Oil and Gas

Sep 19, 2025

Equinor and its partners Vår Energi and Aker BP have drilled a dry exploration well in the North Sea.The wildcat well 34/8-20 S was drilled about 130 kilometres west of Florø, in the Narvi nord prospect.The well was first to be drilled in production license 554 E…

Current News

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Turkey Launches Deep Sea Drill

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OMV Nominates BP Executive Emm

Petrobras Buys Back Petronas Stake in Two Brazil Offshore Fields

Petrobras Buys Back Petronas S

OneSubsea to Supply Production Boosting System for Shenandoah Field

OneSubsea to Supply Production

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