Reassess APAC completions sourcing after rig and subsea awards

The 2013-built Noble Viking drillship can accommodate 230 people. With a maximum drilling depth of 40,000 feet, the rig can work in water depths of 12,000 feet

Noble Viking drillship; Source: Noble Corporation Noble has secured a new contract for its Noble Viking drillship with an undisclosed company to support offshore drilling operations in Brunei. The deal covers a firm scope of six wells, with an estimated value of approximately $136

The assignment is scheduled to begin in early 2028, with a duration of around 296 days, and is expected to keep the rig contracted through Q4 2028

Home Fossil Energy Velesto scraps proposed sale of 16-year-old jack-up rig July 13, 2026, by Malaysia’s Velesto Energy, owner of premium jack-up rigs, has called off a deal to offload a 2010-built jack-up, retaining the rig in its fleet

The termination of the SPA is not expected to have a material effect on the company’s earnings and its net assets for the financial year ending December 31, 2026. The Malaysian giant recently secured multiple assignments, including a deal with Hibiscus Oil & Gas, said to mark the firm’s first contract utilizing a third-party jack-up rig under a charter arrangement

The disposal was expected to yield an estimated gain of approximately RM1

The EPC scope covers subsea trees, umbilical, manifolds, multiphase flowmeters and control systems, as well as installation, commissioning and life-of-field support. According to SLB, an integrated delivery model is designed to streamline execution and support the project’s fast-track development schedule

The EPC scope covers subsea trees, umbilical, manifolds, multiphase flowmeters and control systems, as well as installation, commissioning and life-of-field support

Home Fossil Energy After TechnipFMC, Eni brings OneSubsea onboard Côte d’Ivoire project July 13, 2026, by OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a multi-well engineering, procurement, and construction (EPC) contract with Eni for the third phase of an oil & gas development project off the coast of Côte d’Ivoire

Home Fossil Energy Petronas expands three-decade-long LNG ties with Shizuoka Gas up to 2039 July 13, 2026, by Petronas LNG Ltd. (PLL), a subsidiary of Malaysia’s energy giant Petroliam Nasional Berhad (Petronas), has sealed a new liquefied natural gas (LNG) deal with Japan’s Shizuoka Gas, building on a partnership spanning three decades, as the duo reaffirms their shared commitment to strengthening long-term energy security

(PLL), a subsidiary of Malaysia’s energy giant Petroliam Nasional Berhad (Petronas), has sealed a new liquefied natural gas (LNG) deal with Japan’s Shizuoka Gas, building on a partnership spanning three decades, as the duo reaffirms their shared commitment to strengthening long-term energy security. Petronas’ Malaysian LNG Complex at Bintulu, Sarawak; Source: Petronas Petronas LNG has signed a new LNG sale and purchase agreement (SPA) with Shizuoka Gas to supply approximately 0

The signing was commemorated at a ceremony held in Kuala Lumpur by Datuk Adif Zulkifli, Petronas’ Executive Vice President and Chief Executive Officer of Gas and Maritime Business, and Yoshitake Matsumoto, Shizuoka Gas’ Representative Director and President. The ceremony also marked the 30th anniversary of the first LNG cargo delivered by Petronas to Shizuoka Gas, celebrating a partnership that has continued to evolve alongside the growth of Japan’s LNG market and the changing needs of its energy consumers

COSL Pioneer; Source: COSL Drilling Europe Vår Energi has exercised its third option for the COSL Pioneer rig, extending the rig’s contract well into 2028. The Norwegian operator’s representatives, alongside those from Halliburton and COSL Drilling Europe, recently spent time onboard the 2010-built semi-submersible

COSL Pioneer; Source: COSL Drilling Europe Vår Energi has exercised its third option for the COSL Pioneer rig, extending the rig’s contract well into 2028

This content is available after accepting the cookies