Energy Drilling, a wholly owned subsidiary of SED Energy Holdings, has received a letter of award from Carigali-PTTEPI Operating Company (CPOC) for a 30-month offshore drilling campaign in Malaysia, with an estimated firm contract value of $87 million, including mobilization fees.The award covers the deployment of Energy Drilling's T-16 tender-assist drilling rig for Phase 7 of CPOC's development campaign in the Malaysia-Thailand Joint Development Area…
Vietnam's PV Drilling has secured a contract from Idemitsu Gas Production (Vietnam) to supply a jack-up drilling rig for an offshore exploration and appraisal campaign in the Nam Con Son Basin in 2027.Under the agreement, signed on October 16…
Oil India has discovered natural gas in the shallow offshore waters of India's Krishna-Godavari Basin, with testing of its Godavari-1 appraisal well recording gas flows of up to 200,000 standard cubic meters per day.The discovery was made in…
Masirah Oil has started operations on the first well of its infill drilling campaign at the Yumna oil field offshore Oman, following several delays to the development program earlier in 2026.The company announced the start of operations on October 21…
Sunda Energy has secured a 12-month extension to the current phase of its Chuditch gas licence offshore Timor-Leste, following an earlier warning from the country's upstream regulator that the production sharing contract (PSC) could be terminated over unmet drilling obligations…
Finder Energy has signed a contract worth an estimated $42.3 million with Eneos Drilling for the Hakuryu-5 semi-submersible rig to drill three development wells at the Kuda Tasi and Jahal (KTJ) offshore oil project in Timor-Leste.The agreement covers the provision of the rig…
Offshore drilling contractor Seadrill has secured new drilling contracts and extensions covering four rigs offshore Indonesia, Malaysia, Angola and in the U.S. Gulf.In Indonesia, West Carina drillship has been awarded a contract with an undisclosed…
Murphy Oil Corporation has reported a successful appraisal well offshore Côte d'Ivoire and an oil discovery offshore Vietnam, alongside the start of production from two offshore developments in Vietnam and the Gulf of America.In Côte d'Ivoire…
Solstad Maritime has been awarded contracts for two anchor handling tug supply vessels (AHTS) for drilling support work in the Asia-Pacific region.The combined firm value estimated at the upper end of a $10 million and $30 million range, according to the Norwegian vessel owner…
Saudi Arabia’s drilling contractor Arabian Drilling has signed a four-year contract worth about $533 million (SAR 2 billion) with Khafji Joint Operations (KJO) to provide four high-specification offshore jack-up drilling rigs.The contract will support KJO's offshore drilling operations…
Ventura Offshore has agreed a contract amendment with two subsidiaries of Eni and Petronas joint venture Searah for an additional well offshore Indonesia, adding about $21.7 million to the firm backlog of its SSV Catarina semi-submersible drilling rig…
Oil and Natural Gas Corporation (ONGC) has struck gas at a deepwater exploration well in India's Mahanadi Offshore Basin, with the well flowing gas at encouraging rates and reservoir pressure.The MN-DW18-1-H-D well, about 43 km off Konark on the Odisha coast…
Indonesia has awarded six oil and gas working areas to companies including Eni and Sinopec and opened a second 2026 tender round covering eight more areas as it seeks to expand upstream exploration.Eni Indonesia Limited was selected for the Sapukala working area…
Valeura Energy has discovered a new oil accumulation near its Manora field in the Gulf of Thailand, with drilling results prompting the company to move immediately into development planning for a potential satellite facility.The Suraphi discovery…
SED Energy Holdings and Ventura Offshore have signed a letter of intent for an all-share combination that would create an energy services group with about $1.3 billion in contracted revenue backlog and an implied pro forma equity value of approximately $1 billion…
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