Upstream drilling news

It is the first of six next-generation rigs under a US$1.54 billion drilling services contract, delivered nearly three months ahead of schedule.

Energy technology leader utilises KeeperPAM to secure 24/7 engineering workflows and eliminate credential risks across a distributed, BYOD workforce.

Odfjell Technology has signed a Memorandum of Understanding (MoU) with Applied New Technologies (ANT) to work together to deliver a next generation erosion tool for well plug and abandonment (P&A) projects across Southeast Asia.

The collaboration will focus on optimising Viridien’s seismic imaging algorithms on NVIDIA accelerated computing platforms.

Hogan Lovells represents Transocean in its acquisition of Valaris, creating combined company with value of US$17 billion.

This marks a new milestone in HELLENiQ ENERGY’s upstream portfolio.

Superior Energy Services announces entry into definitive agreements to acquire Abaco Energy Technologies.

The report identifies five key themes that will shape the upstream sector in 2026 as operators balance capital discipline with strategic portfolio positioning for the 2030s.

Saipem announces that Aker BP has exercised a new option to extend the contract for the semi-submersible drilling unit Scarabeo 8, prolonging its deployment for an additional year.

Introducing a new era of Drill Cuttings Treatment in the United Arab Emirates as TWMA begins operations at its newly constructed treatment facility in Habshan, Abu Dhabi.