Valaris is seeing early signs of recovery in rig demand evidenced by new contracts for its fleet of drillships, semi-submersible, and jack-ups.
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SBM Offshore has signed a letter of intent with Petrobras for a 22.5 years lease and operate contracts of FPSO Alexandre de Gusmão.
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Transocean reduced its quarterly losses despite lower revenues and is encouraged by the current upcycle in the offshore drilling market.
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North Oil Company, the operator of the Al-Shaheen field offshore Qatar, has awarded contracts to PTSC and to Rosetti Marino.
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Eni has made an oil find in Upper Miocene sequences on the Sayulita Exploration Prospect in Block 10 in the mid-deep water offshore Mexico.
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