Oil & Gas News

Borr Drilling announces new contract commitments for three of its premium jack-up rigs, the “Arabia I”, the “Gunnlod” and the “Norve”. These commitments cover a total of 1,779 days and $332 million in contract revenue, including mobilization and demobilization compensation. 

Diamond Offshore Drilling, Inc. announced that it has entered into a contract with BOE Exploration & Production LLC for the Ocean BlackRhino for work in the US Gulf of Mexico. The Ocean BlackRhino was awarded a contract with a minimum duration of 180 days for a total value of approximately $89 million, excluding mobilization and any additional services.

Saipem has been awarded two offshore projects in Saudi Arabia, under the existing Long-Term Agreement (LTA) with Saudi Aramco. The overall amount of the two projects is approximately $500 million.

SLB and Aker BP have entered a long-term partnership to co-develop an AI-driven digital platform for Aker BP to accelerate innovation and deliver substantial efficiency improvements across the company’s E&P operations. The new platform will leverage the Delfi™ digital platform to enable new digital solutions in the cloud for Aker BP.

TGS, a leading global provider of energy data and intelligence, has announced the award of an Ocean Bottom Node (OBN) data acquisition contract in North America. This six-month-plus contract, granted by a major returning client, reinforces TGS' position in the market and underscores its commitment to delivering high-quality seismic data solutions.

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