Flng News


Yinson Production Raises $1.46B to Refinance Agogo FPSO

Oct 07, 2026

Yinson Production has priced $1.458 billion of senior secured notes to refinance debt linked to its Agogo floating production, storage and offloading (FPSO) unit operating offshore Angola, in what the company said was the largest FPSO project bond to date…

ADNOC Signs Multi-Year LNG Supply Deal with Thailand’s Gulf Group

Oct 05, 2026

Abu Dhabi National Oil Company (ADNOC) has signed a multi-year agreement to supply about 2 million tonnes of liquefied natural gas (LNG) to Thailand's Gulf Group starting in 2027.Under the sales and purchase agreement, ADNOC Trading will deliver the LNG to Gulf Group…

Solstad Maritime Secures APAC Drilling Support Work for AHTS Pair

Sep 30, 2026

Solstad Maritime has been awarded contracts for two anchor handling tug supply vessels (AHTS) for drilling support work in the Asia-Pacific region.The combined firm value estimated at the upper end of a $10 million and $30 million range, according to the Norwegian vessel owner…

SLB Secures Aramco Well Construction Work for 450 Wells

Sep 25, 2026

SLB has been awarded four integrated well construction contracts by Aramco covering more than 450 oil and gas wells across Saudi Arabia over an initial three-year period.Each contract includes an option to extend the work by up to two years…

Eni and Petronas JV Extend Drilling Backlog for Ventura Offshore’s Semi-Sub Rig

Sep 25, 2026

Ventura Offshore has agreed a contract amendment with two subsidiaries of Eni and Petronas joint venture Searah for an additional well offshore Indonesia, adding about $21.7 million to the firm backlog of its SSV Catarina semi-submersible drilling rig…

Fugro Adds More Survey Work off Timor-Leste

Sep 24, 2026

Fugro has secured two additional survey contracts from Timor-Leste's Ministry of Petroleum and Mineral Resources for proposed pipeline routes supporting the Greater Sunrise TLNG development and Bayu-Undan Pipeline Highway projects.The awards…

Southeast Asia Plans 100 GW-Plus Gas Power Expansion Despite LNG Risks

Sep 24, 2026

Southeast Asia is developing more than 100 gigawatts of gas-fired power generating capacity and 70 million tons per annum of LNG import capacity, despite growing supply risks highlighted by the ongoing war in the Middle East, data from US think tank Global Energy Monitor showed on Thursday…

Saudi Aramco Plans Standalone Gas Division in Major Reorganization

Sep 23, 2026

Saudi oil giant Aramco plans to reorganise its business to create a new gas division with an eye on possible listings of business units in the future to raise cash, two sources with knowledge of the matter told Reuters.The move is in line with…

ONGC Strikes Gas in Deepwater Well off India

Sep 22, 2026

Oil and Natural Gas Corporation (ONGC) has struck gas at a deepwater exploration well in India's Mahanadi Offshore Basin, with the well flowing gas at encouraging rates and reservoir pressure.The MN-DW18-1-H-D well, about 43 km off Konark on the Odisha coast…

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

Sep 14, 2026

Petronas and PTTEP subsidiaries have received approvals from the governments of Malaysia and Thailand for a new 35-year production sharing contract covering Block A-18-01 in the Malaysia-Thailand Joint Development Area (MTJDA).PC JDA Limited…

Larsen & Toubro Adds Major ONGC Offshore Project to Orderbook

Sep 09, 2026

Larsen & Toubro Energy Hydrocarbon Offshore (LTEH Offshore) has secured an offshore Engineering, Procurement, Construction, Installation, and Commissioning (EPCIC) contract from India's Oil & Natural Gas Corporation (ONGC) for the Additional…

Energean’s Profit Rises as Israeli Gas Operations Recover

Sep 09, 2026

Eastern Mediterranean-focused gas producer Energean posted a 45% jump in first-half profit on Wednesday, helped by a lower tax charge in Italy, and said production had recovered strongly following the restart of operations in Israel.The company…

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

Aug 25, 2026

Energy data and intelligence firm TGS has secured a one-month extension to the largest seismic streamer acquisition contract offshore Indonesia.The extension is scheduled to begin in August. TGS is conducting the job using Ramform Sovereign…

Saudi Contractor Enters Oman with Four-Well Drilling Assignment

Aug 25, 2026

Saudi Arabian drilling contractor Arabian Drilling has signed a contract with Masirah Oil and Northern Offshore to drill two firm wells and two optional wells in Oman, marking the company's entry into a new Gulf Cooperation Council (GCC) market…

Current News

Valeura Starts Wassana Platform Installation Offshore Thailand

Oil Stabilizes as IEA Moves to Speed Up Emergency Stock Releases

Yinson Production Raises $1.46B to Refinance Agogo FPSO

Oil Climbs on US Storm Threat, Saudi Attack Risks

KBR to Support Aramco’s Marjan Offshore Field Upgrade

Oil Industry Braces for Years of Market Disruption

Eni Taps Yinson Production for Major Ghana FPSO Gas Upgrade

ADNOC Signs Multi-Year LNG Supply Deal with Thailand’s Gulf Group

Iran Set to Keep Hormuz Shut Until Seven Demands Are Met

LNG Flows Through Hormuz Hit Seven-Month High

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