
Arabian Drilling Receives Resumption Notice for Two Offshore Rigs
Arabian Drilling received notice to resume two offshore rigs at market day rates, with operations starting in Q1 2026 and offshore utilization reaching 100% in Q2.

Arabian Drilling received notice to resume two offshore rigs at market day rates, with operations starting in Q1 2026 and offshore utilization reaching 100% in Q2.

During OTC Brazil 2025, Petrobras CEO Magda Chambriard announced that the company may expand its exploration program in the Foz do Amazonas Basin with up to three additional wells, contingent on early results. The statement reaffirms Petrobras’ commitment to frontier exploration and compliance with the Paris Agreement.
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