Rebalance Sourcing for Confirmed and Emerging Rig Programs

Civil works underway include site preparation, drainage infrastructure installation and access improvements ahead of the arrival of RFC Drilling’s Rig 103

Galilee Energy started site preparation activities at the Zydeco-1 well location in Acadia Parish, Louisiana, ahead of a planned spud in the first week of July 2026. Civil works underway include site preparation, drainage infrastructure installation and access improvements ahead of the arrival of RFC Drilling’s Rig 103

Civil works underway include site preparation, drainage infrastructure installation and access improvements ahead of the arrival of RFC Drilling’s Rig 103. Survey control points have been established and excavation works have commenced in accordance with the approved site layout

A decision on continuation (DG2) is planned for the end of the year. Timelines for a final investment decision, submission of a plan for development and operation, and production start-up have not yet been determined

Courtesy Ole Jørgen Bratland Equinor and partners agreed on a development concept for Ringvei Vest, a subsea project in the Norwegian North Sea that combines seven discoveries and one prospect into a single development tied back to the Troll B platform. The concept calls for 13 wells through six subsea templates

The concept calls for 13 wells through six subsea templates. Well streams will be separated on the seabed before being transported to Troll B, which will also supply power to the subsea facilities

Vår Energi and partner Kistos Energy Norway took a final investment decision on the Balder Next New Wells project in the North Sea

Vår Energi and partner Kistos Energy Norway took a final investment decision on the Balder Next New Wells project in the North Sea. The first phase comprises seven new wells tied back to the Jotun floating production, storage and offloading vessel, with start-up expected in Q4 2027

The project is expected to develop 86 million boe gross in proved plus probable reserves, up from an estimate of around 75 million boe communicated earlier this year

Contractors are repairing access roads along the Gunbarrel Highway, and up to two water bores are expected to be drilled at the site by the end of July 2026. The Ensign 970 rig is currently in the North Perth Basin and will be mobilized to Hussar once access, site, airstrip and water well drilling works are complete

Georgina Energy paid a deposit to Ensign Australia for mobilization of the Ensign 970 rig ahead of drilling at the Hussar prospect in exploration permit EP513, onshore Western Australia

Drilling is planned for 50 days from spud to completion and remains on track for Q3 2026

News Transocean secures $185 million in offshore drilling contracts June 17, 2026 Transocean has secured approximately $185 million in new contract backlog after winning offshore drilling work for the Transocean Norge in Norway and the Transocean Equinox in Australia, extending utilization of its harsh-environment semisubmersible fleet

News OEG to support Bass Strait offshore drilling operations through 2036 May 12, 2026 OEG has secured a multi-million-dollar long-term contract extension to support offshore drilling operations in Australia’s Bass Strait, including the supply, maintenance and servicing of certified offshore cargo carrying units through the expected end of field life in 2036

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