Flng News


Indonesia Signs Eight Oil and Gas Contracts

May 20, 2026

Indonesia's upstream oil and gas regulator SKK Migas signed eight oil and gas contracts on Wednesday at the Indonesia Petroleum Association conference, with total estimated resources of around 13.8 trillion cubic feet of gas.Here are some details…

ADNOC Drilling Posts Record First-Quarter Results with 5% Revenue Rise

May 11, 2026

ADNOC Drilling has reported its strongest-ever first-quarter performance, supported by high fleet utilization, growth in integrated drilling services and long-term contract coverage across its operations.The UAE-based drilling contractor posted first-quarter revenue of $1…

Eni Advances Giant Indonesia Gas Discovery after ‘Exceptional’ Well Test

May 07, 2026

Italy’s Eni has announced its Geliga-1 gas discovery offshore Indonesia delivered strong test results, supporting plans for accelerated development in the Kutei Basin.The company said a drill stem test at the Geliga-1 well flowed at rates of up to 60 million standard cubic feet per day of gas…

Indonesia’s Mako Gas Project on Track for First Gas in 2027

Apr 30, 2026

Conrad Asia Energy, through its majority-owned subsidiary West Natuna Exploration as operator, is progressing development of the Mako Gas Project offshore Indonesia, with first gas targeted in the fourth quarter of 2027.The project partner, Empyrean Energy…

Valeura Charters Shelf Drilling’s Jack-Up Rig for Gulf of Thailand Ops

Apr 22, 2026

Canada-based oil and gas company Valeura Energy has signed an agreement with Shelf Drilling to chart the Shelf Drilling Enterprise jack-up rig for a three-year term through the end of 2029.The rig, owned by Shelf Drilling (Southeast Asia), a subsidiary of ADES Holding Company…

Jadestone Secures Gas Sales Deal for Fields Offshore Vietnam

Apr 20, 2026

Jadestone Energy has signed a gas sales and purchase agreement with PV Gas, a subsidiary of state-owned Petrovietnam, for the supply of gas from the Nam Du and U Minh discoveries offshore Vietnam.The agreement sets out terms for gas sales, with…

Eni Makes Major Gas Discovery Offshore Indonesia

Apr 20, 2026

Italy’s Eni has made a gas discovery offshore Indonesia with estimated resources of about 5 trillion cubic feet (tcf) of gas and 300 million barrels of condensate.The discovery was made by the Geliga-1 exploration well in the Ganal block in the Kutei Basin…

Pertamina Unit to Operate Indonesia’s Lavender Block under 30-Year PSC

Apr 17, 2026

A unit of Indonesia’s Pertamina has signed a production sharing contract (PSC) for the Lavender block, spanning onshore and offshore areas of Sulawesi island.PT Pertamina Hulu Energi Sulawesi Lavender will operate the block, which spans 8,206…

Borr Drilling Expects Higher Activity as Rigs Return to Work

Apr 13, 2026

Offshore drilling contractor Borr Drilling has informed that several of its rigs in the Middle East are returning to operations following recent disruptions, as the company secures a new contract in Southeast Asia.The company said the Arabia…

Sunda, Finder Target Shared Rig for Timor-Leste Offshore Drilling

Apr 08, 2026

Sunda Energy has signed a letter of intent (LoI) with Finder Energy to collaborate on securing a drilling rig for planned offshore campaigns in Timor-Leste.The agreement, signed between Sunda’s subsidiary SundaGas and Finder’s Timor-Leste unit…

INPEX Extends Pertamina LNG Pact, Signs Upstream MoU in Southeast Asia

Mar 31, 2026

INPEX Corporation has extended a strategic collaboration agreement with PT Pertamina and signed a separate upstream memorandum of understanding (MoU) with its subsidiary PT Pertamina Hulu Energi, as it deepens its presence in Indonesia and Southeast Asia…

PV Drilling Names New ‘Super Rig’ ahead of April Operations

Mar 31, 2026

Petrovietnam Drilling & Well Service Corporation (PV Drilling) has named and commissioned its multi-purpose jack-up rig PV DRILLING IX in Ho Chi Minh City, with operations expected to begin in April 2026.The rig, described by the company as a high-specification unit…

Eni Advances Angola Gas Project, Secures $9B Credit Facility

Mar 17, 2026

Eni has marked a pair of strategic milestones, advancing its gas position offshore Angola while reinforcing its financial flexibility through a new multi-billion-dollar credit facility.In Angola, the company announced first gas from the Quiluma field…

TVO Customizes Tethered BOP Technology

Mar 16, 2026

Trendsetter Vulcan Offshore (TVO) completed a unique tethered blowout preventer (TBOP) installation in the Gulf of America (GoA) to reduce wellhead fatigue in soft seabed conditions.TVO’s proprietary technology was essential in enabling the…

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