Petrobras Requests Authorization to Include Constellation Drilling Rig in Exploration of the Foz do Amazonas Basin

May 1 - Petrobras has requested authorization from IBAMA (Brazilian Institute of Environment and Renewable Natural Resources) to use the Amaralina Star (NS-43) drillship, owned by Constellation, in exploratory activities in block FZA-M-59, in the Foz do Amazonas Basin. This measure aims to increase operational flexibility in the Equatorial Margin, allowing for optimized resource allocation... Continue Reading →

May 1, 2026 0

ExxonMobil targets shallow-water prospect in Stabroek Block with Noble Developer rig

April 30 (oilnow.gy) ExxonMobil Guyana has awarded the Noble Developer a one-well contract at a day rate of US$375,000 to drill a prospect in the Stabroek Block offshore Guyana. The contract is scheduled to commence in early 2027. ExxonMobil Guyana said it contracted the rig “to drill a prospect in the shallow water portion of... Continue Reading →

April 30, 2026 0

Exclusive: Companies dust off oil rigs in storage in Venezuela as contracts are overhauled

April 27 (Reuters) - Oilfield service companies that for years kept rigs and specialized equipment stored in Venezuela have begun removing them from warehouses for assembly and repair as the government advances a review of oil and gas contracts that could lead to fresh activity, four sources involved in the preparations said. Since a sweeping reform of... Continue Reading →

April 27, 2026 0

Noble reports US$743M revenue, higher earnings in Q1 2026 on improved rig utilization

April 27 (oilnow.gy) Noble Corporation plc reported first-quarter 2026 results on April 26, with higher revenue and earnings driven by improved fleet utilization. The company said contract drilling services revenue totaled US$743 million in the first quarter, up from US$705 million in the prior quarter. Utilization of its 29 marketed rigs rose to 68%, compared... Continue Reading →

April 27, 2026 0

Oceaneering pilots ROV on Brazilian offshore drilling rig from land

April 21 (offshore-energy.biz) Oceaneering has performed the first piloting operation of a remotely operated vehicle (ROV) on a drilling rig offshore Brazil from its onshore remote operations center (OROC), for Brazilian oil & gas giant Petrobras. The company’s Subsea Robotics segment and Brazilian subsidiary Marine Production Systems do Brasil LTDA (MPS) piloted an ROV located on a drilling... Continue Reading →

April 21, 2026 0

Transocean drillship scores 1,156-day encore with Petrobras

April 14 (offhore-energy.biz) Switzerland-based offshore drilling contractor Transocean has obtained a multimillion-dollar contract extension for one of its ultra-deepwater drillships with Brazil’s state-owned energy giant Petrobras. Transocean has revealed that the Deepwater Corcovado drillship was awarded a 1,156-day contract extension with Petrobras in direct continuation of its current activity. The extension is expected to contribute approximately $445... Continue Reading →

April 14, 2026 0

Seadrill’s West Polaris Drillship on Prolonged Stay with Petrobras off Brazil

April 6 (OE) Offshore drilling contractor Seadrill has secured a 1,095-day contract extension for the West Polaris drillship with Petrobras offshore Brazil, adding about $480 million to its backlog. The extension will see the ultra-deepwater drillship continue operations at the Búzios field in the Santos Basin, with the new term expected to begin in January... Continue Reading →

April 6, 2026 0

Ventura Offshore Secures Brazil Rig Extensions Worth over $600M

April 6 (OE) Offshore drilling firm Ventura Offshore has secured contract extensions for two offshore units operating in Brazil, adding more than $600 million in backlog. The company said the SSV Victoria semi-submersible rig was awarded a 1,455-day extension of its current contract with Petrobras, expected to contribute approximately $466 million in additional backlog. The... Continue Reading →

April 6, 2026 0

Transocean announced rig contract extensions with Petrobras

April 2 - Transocean announced new contracts and extensions adding approximately US$1 billion to its project portfolio, with notable agreements signed with Petrobras. The Deepwater Orion drillship had its contract extended by 1,095 days with the Brazilian oil company. This extension should add approximately US$420 million to Transocean's portfolio and will keep the unit contracted... Continue Reading →

April 3, 2026 0

Brava Energia to start well driling campaign in Papa-Terra and Atlanta Fields

March 30 - Brava Energia announced today that it has kicked off a campaign to drill four new wells, two in the Papa-Terra field, in the Campos Basin, and two in the Atlanta field, in the Santos Basin. The activities will be carried out with the Lone Star semi-submersible drilling rig, operated by Constellation, with... Continue Reading →

March 30, 2026 0

Blog at WordPress.com.

Up ↑

Category: Rigs