Within a span of two days, the company has clinched agreements with two major oil players, Eni and BP, collectively valued at approximately $700 million.

This contract involves partnering with Mellitah Oil & Gas Libyan Branch, a consortium jointly established by Libya's National Oil Corporation and Eni North Africa, to execute a gas project off the coast of Libya.

The consent covers production drilling activities, including plugging and abandonment (P&A) operations, as well as completion of two additional wells - M-1 BH on Statfjord Øst and F-4 CH on Statfjord Nord.

The three firms entered into agreements last summer to create the joint venture, which will comprise the subsea businesses of SLB and Aker Solutions, with Subsea 7 acquiring a 10% stake in the venture.

The contract, valued at $28.5 million, is for an "accommodation scope" at the Judy field.

The contract, secured through Shelf Drilling's North Sea subsidiary, covers two wells and is expected to last between four and five months.

The contract will utilize Valaris' VALARIS DS-7 drillship and is expected to last approximately 850 days, commencing in the second quarter of 2024.

The acquisition includes operatorship of three blocks: Ganal PSC, Parak PSC, and Makassar Straits PSC.

Transocean has successfully secured a series of new contracts and extensions across various locations, including Mexico, Australia, Norway, Lebanon, and the East Mediterranean Sea, for six rigs in its fleet.

Petrofac has been awarded an integrated services contract by CNR International for a floating production, storage, and offloading vessel operating off the coast of Ivory Coast, West Africa.