Rebalance Subsea and Rig Contracts After Recent EPC and Fleet Moves

The company will apply integrated digital workflows, real-time data, and remote operations control for drilling and completions to improve well placement accuracy and delivery assurance to connect surface operations with subsurface execution to enhance recovery while lowering total cost of ownership for TotalEnergies. Franco Delano, Vice President of Caribbean at Halliburton, commented: “This award reflects the value of integrated execution, collaboration, and digital technology in complex deepwater developments

The company will apply integrated digital workflows, real-time data, and remote operations control for drilling and completions to improve well placement accuracy and delivery assurance to connect surface operations with subsurface execution to enhance recovery while lowering total cost of ownership for TotalEnergies

firm will deploy a fully integrated, digital and automation execution model that unites planning, engineering, and operations to improve performance, accelerate learning, and reduce total cost of ownership throughout well construction. The company will apply integrated digital workflows, real-time data, and remote operations control for drilling and completions to improve well placement accuracy and delivery assurance to connect surface operations with subsurface execution to enhance recovery while lowering to

Home Subsea DOF wins ‘very large’ four-year contract July 14, 2026, by Norwegian vessel owner DOF Group has received a letter of award for a “very large”, four-year contract, described as worth between $100 million and $200 million. Source: DOF DOF will deploy the 2009-built Skandi Hera for the contract expected to begin between late 2026 and early 2027, also covering remotely operated vehicle (ROV) services

The award is subject to partner approval, anticipated to be lifted during the third quarter of this year 26

Source: DOF DOF will deploy the 2009-built Skandi Hera for the contract expected to begin between late 2026 and early 2027, also covering remotely operated vehicle (ROV) services. The award is subject to partner approval, anticipated to be lifted during the third quarter of this year 26

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. NAGA 3 rig; Source: Velesto Energy A sale and purchase agreement (SPA) for the proposed disposal of the Naga 3 jack-up rig has been terminated months after it was inked on December 14, 2025, between PT Indonesia Drilling Energy and Velesto Drilling 3 (VD3L), a wholly-owned subs

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

NAGA 3 rig; Source: Velesto Energy A sale and purchase agreement (SPA) for the proposed disposal of the Naga 3 jack-up rig has been terminated months after it was inked on December 14, 2025, between PT Indonesia Drilling Energy and Velesto Drilling 3 (VD3L), a wholly-owned subsidiary of Velesto Rig Assets, which in turn is a wholly-owned subsidiary of Velesto

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

According to SLB, an integrated delivery model is designed to streamline execution and support the project’s fast-track development schedule. Project execution will be supported by the company’s in-country presence and local capabilities