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 operator for an estimated firm duration of 880 days, with operations expected to begin in the first half of 2027.The contract is valued at approximately $420 million for the firm period…
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…
Saudi Arabian drilling contractor Arabian Drilling has signed a contract with Masirah Oil and Northern Offshore to drill two firm wells and two optional wells in Oman, marking the company's entry into a new Gulf Cooperation Council (GCC) market…
TenneT has completed the directional drilling under the beach and part of the seabed at Maasvlakte. Nine plastic protective conduits have now been laid in the boreholes, forming a protected passage for the electricity cables of the offshore wind farms…
Vantris Energy has secured new offshore engineering and drilling work in Malaysia, including a transportation and installation (T&I) work order from Petronas and a tender-assisted drilling rig (TADR) assignment and contract for offshore development drilling campaigns…
ADNOC, in collaboration with SLB, has deployed an artificial intelligence (AI)-enabled Real-Time Operations Center (RTOC) platform across its fleet of more than 120 drilling rigs, aiming to improve drilling performance, reduce engineering effort…
BC Ventures, a 50/50 joint venture between Borr Drilling and its long-term well construction partner in Mexico, has completed the previously announced acquisition of five premium jack-up drilling rigs from Fontis Finance for $287 million, expanding…
Velesto Energy has secured a contract worth approximately $51 million from Hess Exploration and Production Malaysia, a wholly owned subsidiary of Chevron, to provide integrated rig, drilling and completion services for the North Malay Basin Full Field Development Campaign…
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