Modular Drilling Rig News

 

Petrobras Targets Start of Foz do Amazonas Production Within Seven Years

Oct 22, 2025

Brazilian state-run oil company Petrobras' could start oil and gas production in the Foz do Amazonas basin within seven years if large reserves are confirmed, the company's Chief Executive Magda Chambriard told Reuters on Tuesday.Brazil's environmental…

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…

Petrobras Gets Go-Ahead for Exploratory Drilling Near Mouth of Amazon River

Oct 21, 2025

Petrobras has received the environmental license from Brazil’s environmental agency Ibama to drill an exploratory well in block FZA-M-059, located in deep waters off Amapá, near the mouth of the Amazon river.The well is located in 500 km from the mouth of the Amazon river and 175 km from the coast…

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…

Navigating Nuclear Energy in Maritime with Lloyd’s Register at Helm

Oct 17, 2025

Lloyd’s Register (LR) has published a new guidance document, providing the first roadmap for the safe and responsible use of nuclear technology in commercial shipping and offshore industries.As the maritime sector accelerates its transition towards sustainable energy solutions…

New Scour Protection Installed at Rampion Offshore Wind Farm

Oct 16, 2025

RWE and UK-based designer ARC marine have achieved a global first at Rampion Offshore Wind Farm with the installation of Reef cubes® as undersea protection for turbine foundations.The solution is designed to protect the critical energy infrastructure from strong currents in the subsea environment…

Seadrill Adopts igus’ Modular Energy Chains to Cut Offshore Downtime and Costs

Oct 16, 2025

The igus e-loop replaced traditional service loops being installed on Seadrill’s West Polaris drillship (Credit: Supplied by igus)A modular cable management system, designed by German-based supplier igus, has been implemented by offshore driller Seadrill to reduce downtime…

Offshore Drilling Gains Momentum in US as Onshore Fades

Oct 16, 2025

Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry growth this year and next as onshore production slows due to lower prices and maturing shale fields, and analysts and consultants expect the trend to continue…

Azule Energy Spuds First Well at Angola’s Offshore Gas Field

Oct 15, 2025

Azule Energy, a joint venture between BP and Eni, has spudded the first well at Angola’s inaugural non-associated offshore gas development.The spudding of the QUI-Q-GP01 well was done with Valaris’ jack-up drilling rig Valaris V-144, marking the first well of the New Gas Consortium (NGC) project…

Kombi-II MOPU Sets Sail for Congo After Conversion Job in Netherlands

Oct 15, 2025

Kombi-II mobile offshore production unit (MOPU), converted from a jack-up drilling rig by Dixstone, has started its journey to Congo for deployment at Perenco-operated Kombi-Likalala-Libondo II (KLL II) permit.Dixstone, a sister company of oil and gas firm Perenco…

ABL Secures Rig Moving Assignment with India's ONGC

Oct 15, 2025

ABL has been appointed through United India Insurance (UIIC) to oversee India’s Oil and Natural Gas Corporation (ONGC) rig moves between September 2025 and May 2026.Under the contract, ABL will act as marine warranty surveyor for an anticipated 25 ONGC rig moves…

Egypt Plans to Drill 480 Exploratory Oil Wells with $5.7B investment

Oct 14, 2025

Egypt has a plan for the drilling of 480 exploratory oil wells on the basis of investments totaling $5.7 billion over the next 5 years, the country's petroleum minister said on Tuesday, as the country seeks to reverse declining production.The…

Kuwait Makes Third Offshore Oil Discovery

Oct 13, 2025

Kuwait Oil Company said on Monday it made its third offshore discovery with production capacity of more than 29 million cubic feet per day of natural gas, in a boost to the power-squeezed, desert nation's efforts to ramp up output.The Jazza field…

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