Chevron and EGAS have signed an agreement covering at least $88 million of investment for two exploration wells and 3D seismic reprocessing in Egypt’s offshore Lotus area.
Drilling work is set to proceed at Megah-2 offshore Sabah as seismic reprocessing and offshore survey activity continues around the 2025 Megah discovery.
Santos and its partners plan to begin Bedout Basin exploration drilling in April 2027 with Transocean Equinox as work continues on the Dorado offshore oil development.
Northern Ocean has secured a $70 million Shell contract for Deepsea Mira, with a 150-day drilling programme scheduled to begin in the Caribbean in April 2027.
Petrobras has found another oil-bearing interval at the Morpho well offshore Brazil. New samples are under analysis, while further drilling will help assess the area’s commercial potential.
Arabian Drilling has signed a four-year SAR 2 billion contract with Khafji Joint Operations for four offshore jack-up rigs, lifting its total backlog to approximately SAR 18 billion.
Noble Corporation has secured a Tullow Oil contract for the Noble Faye Kozack offshore Ghana, covering up to 10 wells with drilling expected to begin in mid-2027.
Ventura Offshore has added the JKNE Upside-1 Dir well to SSV Catarina’s Indonesia drilling programme, increasing firm backlog by about $21.7 million.
DNO has received consent to drill two appraisal wellbores at the Norma gas-condensate discovery in the North Sea using the Deepsea Yantai semisubmersible rig.
