Offshore drilling contractor Valaris has secured approximately $600 million in new contracts and extensions since its previous fleet status report in August 2026, increasing its total contracted backlog to around $4.8 billion.The latest awards cover drillships, jack-up rigs and platform drilling services across several offshore regions, with the company's backlog rising from approximately $4.
Jadestone Energy's oil and gas production has risen to approximately 19,000 barrels of oil equivalent per day (boepd) following the restart of the Cossack, Wanaea
ADES Holding has secured a one-year contract extension for the Shelf Drilling Tenacious jack-up rig offshore Angola and a new drilling contract for the Shelf Drilling Perseverance in Indonesia
TotalEnergies has signed an agreement with China's Jiangsu Guoxin Group to supply 900,000 tons of liquefied natural gas (LNG) annually for 15 years, with deliveries expected to begin in 2028
Energy technology company Baker Hughes has launched a global Mature Assets Solutions (MAS) hub network aimed at helping oil and gas operators increase production efficiency
Saudi state oil giant Aramco is working to expand a crude pipeline that circumvents the Strait of Hormuz as the world continues to experience the biggest energy supply shock in history
This issue of Offshore Engineer
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