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Offshore

Eldorado Outbids Saipem for Deep Value Driller

Saipem’s planned $272.5 million purchase of Deep Value Driller fell through after seller Deep Value Driller accepted Eldorado Drilling’s $300 million cash offer and signed a binding agreement.

Vaalco Lifts Gabon Output, Takes Lead on Kossipo

Vaalco reports Etame 15H-ST onstream in Gabon at about 2,000 barrels per day and confirms operatorship of Côte d’Ivoire’s Kossipo, targeting an FDP in H2 2026 with the Baobab Ivorien FPSO expected back in late March.

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