September 4, 2026 - Ventura Offshore Holding Ltd (the “Issuer” and the “Company”) is pleased to announce that it has entered into an agreement with Eldorado Drilling to provide marketing and operations management services for the Deep Value Driller, a seventh-generation ultra-deepwater drillship. The agreement expands Ventura Offshore’s managed fleet and reinforces the company’s position as a provider of offshore drilling management and commercial services.
In addition, Ventura Offshore has signed a contract with PETRONAS E&P Bobara Sdn. Bhd. The contract has an estimated value of approximately USD 58 million, including provisional sums for additional services, from which Ventura will be entitled to operating fees, and covers a one-well drilling program in Indonesia. The contract further strengthens Ventura Offshore’s presence in Southeast Asia and demonstrates the company’s ability to create value through its integrated commercial and operational management platform.
Commenting on the award, Guilherme Coelho, Chief Executive Officer of Ventura Offshore, said:
“We are proud to have signed this contract to support PETRONAS in this important offshore drilling campaign. This contract reflects the confidence placed in our operational capabilities and our commitment to delivering safe, efficient, and reliable drilling services. We also thank Eldorado Drilling for their continued trust and partnership with Ventura Offshore. We look forward to working closely with all stakeholders to support the successful execution of the project and to further strengthen our presence in Southeast Asia.”