
As idle rig times loom in the U.S. Gulf this year, Westwood Global Energy, an energy market research and consultancy firm, has pointed out that the supply, demand, and utilization for drillships are set to pick up the pace in 2026, with long-term fundamentals in the offshore drilling market painting

Norwegian state-owned energy giant Equinor has awarded compatriot Island Drilling with a well plugging contract on the fields it operates on the Norwegian continental shelf (NCS), while Archer and Baker Hughes Norge have won contracts for full-range delivery of plugging services.

OMV Petrom and Romgaz have started drilling the first gas production well in their multi-well program in the Romanian sector of the Black Sea with a semi-submersible rig, owned by Transocean, a Switzerland-based offshore drilling giant.

Stena Drilling has welcomed the award of an Abate (P) notation, which DNV has now bestowed upon another one of its drillships following the rig owner’s addition of multiple technical and operational measures for the rig to cut its fuel consumption and greenhouse gas (GHG) emissions.

Equinor has received the go-ahead from the country’s authorities to use one of Odfjell Drilling’s semi-submersible rigs for drilling operations at a block in the North Sea off the coast of Norway.

Petrogas has tucked a new natural gas extraction achievement under its belt off the coast of the Netherlands, thanks to drilling operations undertaken with one of Noble Corporation’s harsh environment jack-up rigs.

Aker BP has secured a drilling permit for an exploration well in the Norwegian Sea off the coast of Norway, which is slated to be drilled this month using a semi-submersible rig owned by Italy’s Saipem.

Shell is eyeing a field development plan (FDP) and a final investment decision (FID) in 2027 for its recent natural gas discovery in the North Sea, which is situated on the UK Continental Shelf (UKCS).

Equinor has secured a drilling permit for two exploration wells in the North Sea off the coast of Norway, which are slated to be drilled next month using a semi-submersible rig owned by Odfjell Drilling.

Shell has booked a drillship owned by Noble Corporation for drilling activities off the coast of Brunei.

Petrobras, through Petrobras International Braspetro, a Colombian branch (PIB-COL), and its partner, Ecopetrol, have conducted a drill stem test (DST) at a well related to a giant natural gas discovery off the coast of Colombia.

Noble Corporation has offered insights into the difficulties it had to come to grips with to transport one of its jack-up rigs for the firm’s inaugural drilling assignment off the coast of Poland.

One of the semi-submersible rigs, owned by Transocean, is on the move to reach an offshore site where it will embark on a multi-well drilling campaign to unlock natural gas from a project in the Black Sea.

BP has made another gas discovery in the Mediterranean region within the Egyptian Exclusive Economic Zone (EEZ).