Lock In APAC Mobilisation Windows Ahead of Tightening Fleet

Home Fossil Energy Encore for Ventura Offshore rig as Eni and Petronas extend Southeast Asian drilling gig July 7, 2026, by Eni Muara Bakau, a subsidiary of Searah that represents a joint venture between Eni and Petronas, has prolonged a drilling assignment being conducted off the coast of Indonesia by a semi-submersible rig owned by Brazil’s deepwater offshore drilling contractor Ventura Offshore. SSV Catarina rig; Source: Ventura Offshore Searah’s Eni Muara Bakau has exercised the option for the SSV Catarina

SSV Catarina rig; Source: Ventura Offshore Searah’s Eni Muara Bakau has exercised the option for the SSV Catarina semi-submersible rig to drill the fourth well and top hole in Indonesia

The exercise of these wells is expected to keep the 2012-built rig utilized into the fourth quarter of 2026 and further increases the company’s firm backlog by approximately $25

Home Subsea DOF vessel finds more work in Australia July 7, 2026, by Norway’s DOF Group is set to commence a subsea construction and pre-commissioning support services contract in the Asia-Pacific (APAC) region in the fourth quarter of 2026

The scope of work includes the company’s in-house project management and engineering, procurement and logistics support services. Skandi Inventor will be used for the offshore operations, planned to begin in Q4 2026 and expected to last between 160 and 250 days

Home Subsea DOF vessel finds more work in Australia July 7, 2026, by Norway’s DOF Group is set to commence a subsea construction and pre-commissioning support services contract in the Asia-Pacific (APAC) region in the fourth quarter of 2026. Source: DOF via LinkedIn DOF reported the award of the contract described as large, with value between $50 million and $100 million, today, July 7, for subsea construction and pre-commissioning support services in North Australian waters

Illustration; Source: Saipem Saipem, through its subsidiary PT Saipem Indonesia, in joint venture with PT Tripatra Engineers and Constructors, has been awarded a contract for the engineering, procurement, construction and installation (EPCI) of an FPSO for the Kutei North Hub field development project located in the Kutei Basin, East Kalimantan, Indonesia

Home Fossil Energy Saipem scores $2-billion FPSO deal for Eni and Petronas’ Southeast Asian gas project July 7, 2026, by Italy’s engineering, drilling, and construction services giant Saipem has won a new assignment related to a floating production, storage, and offloading (FPSO) unit destined for deployment at one of Indonesia’s major upcoming energy projects. Illustration; Source: Saipem Saipem, through its subsidiary PT Saipem Indonesia, in joint venture with PT Tripatra Engineers and Constructors, has been

According to Saipem, the project execution, with an estimated duration of 48 months, includes project management, detailed engineering, procurement of materials, fabrication, construction and installation activities, as well as commissioning and start-up of the FPSO unit