Drilling & Completion

Courtesy Valaris Limited LinkedIn
VALARIS DS-12 drillship
The merger creates a 73‑rig global fleet and more than $200 million in projected cost synergies as the companies prepare for a multi‑year offshore upcycle.
Feb. 9, 2026
Courtesy BW Energy's "Fourth quarter and full year 2025" presentation
Maromba rig at yard in Dubai
ID 385330874 © Suksan Phaseeda | Dreamstime.com
offshore rig
Courtesy Chevron Nigeria's Corporate Responsibility Report 2017
Chevron Nigeria's offshore operations
ID 406826839 © Hryhorii Turik | Dreamstime.com
Benin map and flag
Courtesy Shana News Agency; Samira Bigdeli
Farzad B gas field’s first offshore platform nears completion at 93%

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