Ventura Offshore Secures $58m Petronas Contract and Expands Drillship Management Portfolio
The Oslo-listed manager has taken on operational oversight of the Deep Value Driller while securing single-well employment in Indonesia.
Ventura Offshore has expanded its operational footprint after entering into a comprehensive management agreement with Eldorado Drilling for the seventh-generation drillship Deep Value Driller.
Under the terms of the commercial arrangement, the Oslo-listed offshore contractor will deliver operational management and marketing services for the ultra-deepwater asset. The addition strengthens the ongoing relationship between the two companies, with Ventura already overseeing other tonnage within the Eldorado portfolio.
Simultaneously with the management takeover, Ventura finalized a single-well drilling fixture with Malaysian state energy enterprise Petronas. The upcoming exploration campaign will take place in Indonesian waters.
The Indonesian drilling assignment represents an aggregate contract value of approximately $58 million, securing direct commercial utilization for the high-specification unit as it joins Ventura's managed fleet.
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