Assets News


Southeast Asia Sees New Wave of Deepwater Gas Projects

May 04, 2026

Southeast Asia is entering a critical second wave of deepwater gas development targeting 28 trillion cubic feet of resources across Indonesia, Malaysia and Brunei. However, delivering these projects won’t be easy, says Wood Mackenzie.The models suggest these projects have fragile economics…

Chouest Group Acquires Alliance Business from Helix Energy Solutions Group

May 01, 2026

The Chouest Group announced it has completed the acquisition of the Alliance business from Helix Energy Solutions Group. Alliance will be integrated into Champagne Energy Solutions (CES), expanding the Group’s offshore decommissioning and plug & abandonment (P&A) platform…

Exxon Beats Q1 Earnings Estimate

May 01, 2026

Exxon Mobil beat estimates for adjusted earnings on Friday, helped by higher output in Guyana and the Permian Basin, though unadjusted profit dropped to its lowest level in five years due to global supply disruptions from the Iran warthat the company's CEO cautioned could worsen in coming months…

Intervention, Not Exploration: How Jack-ups Help Unlock Value

May 01, 2026

Talking about untapped value in offshore energy typically brings exploration, new wells and new developments to mind. But in today’s mature basins, the greatest source of opportunity is often neither new nor undiscovered.Many offshore regions…

Woodside Energy Appoints COO

Apr 30, 2026

Woodside Energy has appointed Breyden Lonnie as Executive Vice President and Chief Operating Officer Australia.Lonnie has acted in the role since December 2025, with responsibility for Woodside’s portfolio of operations and projects in Western Australia and the Bass Strait…

JDR Nets Subsea Umbilicals Deal for Australian Gas Project

Apr 30, 2026

Amplitude Energy has awarded a contract to JDR Cable Systems to supply subsea control umbilicals for its East Coast Supply Project offshore Victoria, aimed at supporting gas delivery to southeastern Australia.JDR will supply about 18 km of hydraulic control umbilicals…

Apollo, Blackstone, KKR Eye Shell Stake in LNG Canada

Apr 30, 2026

Apollo Global Management, Blackstone and are battling it out to acquire a significant stake in the mammoth LNG Canada project from energy major Shell, three people familiar with the matter said.The trio, among the world's largest asset management firms…

Current News

Oil Slips as Oman Reports Normal Operations at Key Oil Terminal

Petronas Signs Offshore Oil Recovery Collaboration Deal

SBM Offshore to Sell 45% Stake in Mexico-Bound FSO to NYK

Conrad Secures Drilling Rig for Mako Gas Field off Indonesia

Oman’s Block 50 Offshore Drilling Ops Face Further Delays

Aramco Picks McDermott for Energy Projects in Saudi Arabia

Velesto’s Jack-Up Rig Up for Gulf of Thailand Drilling Campaign

Kuwait Sees 70% Oil Output Recovery within Two Months of Hormuz Reopening

Capricorn Energy Grants Third Extension for Potential Takeover Offer

Ichthys LNG Strike Causes Delay to Taiwan-Bound Cargo

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