RLX News Roundup 20th February 2026

Kath Gammack presents the roundup of some of the week’s key offshore rig news and rig data for the week ending February 20th 2026.

• Valaris 248 extension adds over $2M to Valaris’ backlog
• Valaris Norway contract status update
• Eni keeping jackup Natt through February
• Njord snags two-year LOA from Pemex
• Esso exercises final option on Valaris 107
• GB Energy contracts Valaris 107 for three wells
• PTTEP extends Borr Drilling Idun contract
• Thang Long JOC awards contract to Gunnlod
• Final priced option on Transocean Barents exercised by OMV Petrom
• ONGC operations keeping Dhirubhai Deepwater KG1 for longer
• Saipem to acquire Deep Value Driller in $272.5M deal