Kath Gammack presents the roundup of some of the week’s key offshore rig news and rig data for week ending May 3rd 2024.

• Contract award, extensions, termination and a suspension for Valaris 
• Options exercised on COSLPromoter
• Beacon extends Deepwater Atlas
• Shelf Drilling Fortress secures UK contract
• Archer nets two-year drilling services contract extension
• Transocean Spitsbergen bags new LOI
• Dolphin issues termination notice to General Hydrocarbons
• Stena Don moves north to Penguin East field