Ventura Offshore secures $58M drilling contract with Petronas for one-well program in Indonesia

Type: Supply Agreement · Technology: Oil Gas · Country: Indonesia · Value: $58M · Announced: 2026-09-08

Ventura Offshore has entered into an agreement with Eldorado Drilling to provide marketing and operations management services for the seventh-generation ultra-deepwater drillship Deep Value Driller, while also securing a drilling contract with Petronas E&P Bobara in Indonesia. The Petronas contract has an estimated value of approximately $58 million, including provisional sums for additional services, and covers a one-well drilling program in Indonesia. Ventura will be entitled to operating fees from the contract. The agreement with Eldorado Drilling expands Ventura Offshore's managed fleet, which also includes the Atlantic Zonda drillship. Ventura Offshore owns and operates the DS Carolina drillship and the SSV Victoria and SSV Catarina semi-submersible drilling rigs, in addition to managing the Atlantic Zonda. Its drilling rigs are currently operating offshore Brazil and Indonesia. The deal reflects the confidence placed in Ventura Offshore's operational capabilities and commitment to delivering safe, efficient, and reliable drilling services.

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