Kath Gammack presents the roundup of some of the week’s key offshore rig news and rig data for the week ending May 22nd 2026.

• ADES converts Shelf Drilling Winner One-Year Term into Three-Year Firm Contract with Tenaz
• Petronas Carigali selects SinoOcean Peace for East Java programme
• Swift 10 secures new work in German waters
• Sif secures first assignment under new manager Borr Drilling
• Well-Safe Solutions wins first well operatorship contract in UK North Sea, Well-Safe Defender to deploy in June
• Odin start with Cantium pushed into June
• Joro accommodation contract concludes, rig heads inshore
• Compact Driller prepares for move to Southeast Asia
• Eni finishes operations with Valaris 117
• Saipem and Petrobras sign MoU to advance decommissioning solutions in Brazil