Offshore - Oil & Gas

Ventura Offshore Adds Deep Value Driller, Signs Estimated $58 Million PETRONAS Contract

Ventura Offshore will manage Deep Value Driller and has signed an Indonesia drilling contract with PETRONAS carrying an estimated value of approximately $58 million.

Deep Value Driller drillship (Image Source: Deep Value Driller)

8, September 2026
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Ventura Offshore Holding Ltd. has agreed to provide marketing and operations management services for Deep Value Driller and signed a drilling contract with PETRONAS E&P Bobara Sdn. Bhd. for a one-well programme in Indonesia.

Under an agreement with Eldorado Drilling, Ventura Offshore will provide marketing and operations management services for Deep Value Driller, a seventh-generation ultra-deepwater drillship.

The agreement adds Deep Value Driller to Ventura Offshore’s managed fleet.

Separately, Ventura Offshore signed a contract with PETRONAS E&P Bobara Sdn. Bhd. covering a one-well drilling programme offshore Indonesia.

The contract has an estimated value of approximately $58 million, including provisional sums for additional services. Ventura Offshore will be entitled to operating fees under the contract.

The agreements add Deep Value Driller to Ventura Offshore’s managed fleet and cover a new drilling programme in Indonesia.

Ventura Offshore owns and operates the drillship DS Carolina and the semisubmersible drilling rigs SSV Victoria and SSV Catarina. It also manages the drillship Atlantic Zonda.

The company’s drilling rigs are currently operating offshore Brazil and Indonesia.

Ventura Offshore Holding Ltd. announced the agreements on 4 September 2026.

Tags: Deep Value Driller, drillship, Eldorado Drilling, Indonesia, offshore drilling, Offshore Oil & Gas, PETRONAS, Ventura Offshore

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.

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