Leverage New APAC Contracts to Protect Mobilisation and Scheduling

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

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

The SSV Catarina rig is suitable for operations in ultra-deepwater depths of up to 10,000 feet (3,050 meters) with drilling depths of up to 35,000 feet (10,668 meters)

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

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. The scope of work includes the company’s in-house project management and engineering, procurement and logistics support services

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

Rendering of the Ruwais LNG concept design; Source: ADNOC Inpex has signed a long-term LNG sales and purchase agreement (SPA) with Ruwais LNG, further fortifying its longstanding relationship with ADNOC. This project, which is set to start operations in 2028 with a capacity of 9

Rendering of the Ruwais LNG concept design; Source: ADNOC Inpex has signed a long-term LNG sales and purchase agreement (SPA) with Ruwais LNG, further fortifying its longstanding relationship with ADNOC

This project, which is set to start operations in 2028 with a capacity of 9

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

The EPCI contract for the project is valued at approximately $2 billion for the Italian player’s scope of work

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