Protect P&A schedules as APAC rig and subsea capacity tightens

With a maximum drilling depth of 35,000 feet, the rig, which is capable of drilling in water depths up to 12,000 feet, can accommodate 180 people. Transocean recently obtained multiple contracts, including deals for three of its harsh-environment semi-submersible rigs with Equinor offshore Norway

Dhirubhai Deepwater KG2 drillship; Source: Transocean Transocean has secured a two-year binding letter of award (LOA) for the 2010-built Dhirubhai Deepwater KG2 sixth-generation ultra-deepwater drillship with ONGC in India. This campaign is expected to begin in the first quarter of 2027 and contribute approximately $300 million in contract value, inclusive of additional services and mobilization fees

Home Fossil Energy Transocean’s 16-year-old drillship lands $300M job with India’s ONGC August 20, 2026, by Switzerland-based offshore drilling contractor Transocean has won a new long-term assignment for a 2010-built ultra-deepwater drillship with India’s government-owned energy giant Oil and Natural Gas Corporation (ONGC). Dhirubhai Deepwater KG2 drillship; Source: Transocean Transocean has secured a two-year binding letter of award (LOA) for the 2010-built Dhirubhai Deepwater KG2 sixth-generation ultra-deepw

“Dolphin Drilling values its ongoing partnership with Oil India Limited and remains committed to delivering safe and efficient operations,” the rig owner emphasized

Home Fossil Energy Oil India keeps Dolphin Drilling’s rig on offshore assignment through October August 20, 2026, by Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of harsh-environment mid-water and deepwater semi-submersible drilling rigs, has secured an extension of a drilling job, which one of its units is carrying out off the coast of India for Oil India Limited (OIL), an exploration and production company

Blackford Dolphin rig; Source: Dolphin Drilling Dolphin Drilling has disclosed that the Blackford Dolphin deepwater-capable semi-submersible rig will continue its drilling contract with Oil India up to October 15, 2026. This contract extension will enable completion of drilling, testing, and abandonment work at locations East of India, under the same terms and scope of work as the existing contract

Home Subsea South Koreans make move to cut foreign dependence with domestic ROV capability August 20, 2026, by South Korea’s Taihan Cable & Solution and Panstar Robotics, established by the Korea Institute of Robotics & Technology Convergence (KIRO), have signed a memorandum of understanding (MoU) to jointly develop remotely operated vehicles (ROVs) that would be deployed domestically, in an effort to reduce reliance on foreign equipment and overseas specialists

Home Subsea South Koreans make move to cut foreign dependence with domestic ROV capability August 20, 2026, by South Korea’s Taihan Cable & Solution and Panstar Robotics, established by the Korea Institute of Robotics & Technology Convergence (KIRO), have signed a memorandum of understanding (MoU) to jointly develop remotely operated vehicles (ROVs) that would be deployed domestically, in an effort to reduce reliance on foreign equipment and overseas specialists. Source: Taihan Cable & Solution Under the MoU sig

” Taihan has made a number of moves to strengthen Korea’s submarine cable supply chain