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2025 News

 

Offshore Drilling 2025: 3 Things to Watch During a Year of Market Corrections

Dec 24, 2024

2024 has been another strong year for the offshore drilling rig market with high utilization and dayrates. However, the winds of change have started to blow, and the market is already showing some signs of weakening demand and declining dayrates across the three main rig types – jackups…

Current News

Petronas Takes Operatorship of Oman’s Offshore Block 18

Petronas Takes Operatorship of Oman’s Offshore Block 18

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Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

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Malaysia Offers Nine Exploration Blocks in 2026 Bid Round

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Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

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Malaysia Oil and Gas Projects Advance with Petronas' PSC and Farm-Out Deals

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Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

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