Managed Pressure Drilling News

 

PTTEP Hires Energy Drilling’s Rig for Southeast Asia Offshore Job

Jul 07, 2025

SED Energy Holdings, through its wholly owned subsidiary Energy Drilling, has signed a five-year contract with PTT Exploration and Production Public Company Limited (PTTEP) for an offshore drilling campaign using its tender-assist drilling rig…

Valaris Scoops $760M for Two Drillship Contracts

Jul 07, 2025

Offshore drilling contractor Valaris has secured work for two of its drillships in the Gulf of America.Valaris has been awarded a 940-day contract extension for drillship VALARIS DS-16, starting in June 2026, and a new 914-day contract for drillship VALARIS DS-18…

Petronas Set for Three-Well Drilling Campaign off Suriname

Jul 07, 2025

Petronas will begin drilling on Sunday, the first of three wells in an exploration campaign aimed at finding additional oil reserves at its offshore Block 52 in Suriname, state company Staatsolie said in a release on Saturday.Petronas hired…

Borr Drilling Announces CEO Succession Plan

Jul 02, 2025

Borr Drilling’s Board of Directors has reached a unanimous decision to appoint Bruno Morand as successor to CEO Patrick Schorn, effective September 1, 2025.Schorn will become Executive Chairman of the company’s Board of Directors, while current…

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Jul 02, 2025

Offshore drilling contractor Shelf Drilling has secured a three-year contract for the J.T. Angel jack-up rig with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India.The total added contract value is approximately $40 million…

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

Jul 02, 2025

Offshore drilling contractor Borr Drilling has singed new contract commitments for four of its premium jack-up rigs, which are set for deployment in the Middle East, Southeast Asia and Mexico.The new awards have a combined duration of approximately 1…

Eni Launches Services Firm for Oil Drilling Industry

Jul 01, 2025

Versalis, Eni’s chemical company, has set out plans to transfer its Oilfield Chemicals business unit into the newly established company Versalis Oilfield Solutions.As of July 1, 2025, Eni has consolidated Versalis’ position in the oilfield services…

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Jul 01, 2025

Malaysia’s oil and gas services Velesto has secured a drilling contract for its NAGA 5 jack-up drilling rig by PTTEP HK Offshore and PTTEP Sarawak Oil, collectively referred as PTTEP, for its 2025 - 2026 drilling campaign in Malaysia.Under the contract…

Saudi Aramco to Keep Shelf Drilling’s Jack-Up Busy for Five More Years

Jun 30, 2025

Offshore drilling firm Shelf Drilling has secured a five-year extension with Saudi oil and gas giant Aramco for its High Island V jack-up drilling rig.The extension is in direct continuation of the rig’s current contract with Aramco, extending the commitment until July 2030…

Exail to Equip Petrobras FPSOs off Brazil

Jun 30, 2025

Inertial navigation technologies specialist Exail has secured a contract with Brazilian offshore services company Mitang to deliver 30 Quadrans Attitude and Heading Reference Systems (AHRS) for floating production, storage and offloading units (FPSOs) operated by Petrobras off Brazil…

OKEA Gets Green Light for New Drilling Op at Brage Field

Jun 30, 2025

The Norwegian Offshore Directorate (NOD) has granted OKEA a drilling permit for a wildcat well in the Brage field.The drilling permit is for the well 31/4-A-15 B in production license 055, and will be done via Brage production, drilling and accommodation facility…

Equinor Strikes Oil in Johan Castberg Area of Barents Sea

Jun 30, 2025

Equinor has found oil in an exploration well, dubbed Drivis Tubåen, on the Johan Castberg field in the Barents Sea.The well, 7720/7-DD-1H, was drilled in the Drivis structure on the Johan Castberg field. According to preliminary estimates, the size of the discovery is 9-15 million barrels of oil…

TotalEnergies Joins APA and Petronas in Suriname’s Offshore Block

Jun 27, 2025

TotalEnergies has signed an agreement to acquire the 25% interest held by Moeve, formerly known as CEPSA, in Block 53, offshore Suriname, joining APA and Petronas as partner in the license.Block 53 lies directly east of Block 58, where TotalEnergies…

OSC, Ashtead Technology Bolster Joint Environmental Services Offer

Jun 26, 2025

Subsea technology and services provider Ashtead Technology has entered into a strategic collaboration with Ocean Science Consulting (OSC) to streamline the delivery of environmental monitoring, mitigation solutions and compliance services across the global offshore energy sector…

Salunda Installs Latch Hawk Monitoring System on Semi-Sub Rig

Jun 26, 2025

Salunda, a provider of digitized solutions for safety critical industries, has strengthened its presence in the Americas deepwater region with the deployment of its Latch Hawk monitoring system on a semi-submersible rig.Integrated with the drilling control system on the rig…

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