Oil And Gas News


POSH Set to Tow Nguya FLNG from China to Eni’s Congo Field

Sep 12, 2025

Singapore-based marine services provider PACC Offshore Services Holdings (POSH) has been selected by Wison New Energies to tow the Nguya floating liquefied natural gas (FLNG) facility from China to the Republic of Congo.The FLNG unit will be…

Chinese Contractor Secures Offshore Oil and Gas ‘Mega Deal’ from QatarEnergy

Sep 12, 2025

China’s Offshore Oil Engineering Company (COOEC) has won two bids from QatarEnergy, worth approximately $4 billion, for work at Bul Hanine offshore oil and gas redevelopment project.Located in the Qatari waters of the Persian Gulf, the project comprises four packages covering new build (greenfield)…

Saipem Bags $1.5B Contract for Türkiye Largest Offshore Gas Field

Sep 10, 2025

Italian energy services firm Saipem has secured a new offshore contract by Turkish Petroleum OTC for the third phase of the Sakarya gas field development project in Türkiye, worth approximately $1.5 billion.The third phase of development entails a new dedicated floating production unit (FPU)…

PTTEP Hires McDermott for Deepwater Subsea Job off Malaysia

Sep 09, 2025

McDermott has secured a large offshore subsea contract by PTTEP Sabah Oil Limited (PTTEP) for the Block H gas field expansion project, located offshore Sabah in East Malaysia, covering the Alum, Bemban and Permai deepwater fields.Under the scope of the contract…

TotalEnergies Inks 10-Year LNG Supply Deal with South Korea’s KOGAS

Sep 09, 2025

TotalEnergies and KOGAS, South Korea’s national natural gas company, have signed a Heads of Agreement (HoA) for the annual delivery in South Korea of 1 million tons (Mt) of LNG per year over a 10-year period starting from the end of 2027.Awarded…

Japan Picks Wood Mackenzie to Assess Trump-Backed Alaska LNG Scheme

Sep 09, 2025

Japan has hired energy consultancy Wood Mackenzie to assess a proposed 800-mile Alaska gas pipeline and LNG plant in a sign it is weighing support for the $44 billion project touted by U.S. President Donald Trump, two sources with knowledge of the matter said…

PTTEP Greenlights $320M Offshore CCS Project at Arthit Gas Field in Thailand

Sep 08, 2025

Thailand’s state-owned oil and gas company PTT Exploration and Production (PTTEP) has reached the final investment decision (FID) on carbon capture and storage (CCS) project at its producing Arthit gas field, offshore Thailand.This milestone marks Thailand’s first CCS development…

Marco Polo Picks Salt Ship Design for Next-Gen Offshore Energy CSOV

Sep 08, 2025

Singapore-based marine logistics firm Marco Polo has hired Norwegian ship designer Salt Ship Design to design the CSOV Plus, the next-generation commissioning service operation vessel (CSOV) for oil and gas and offshore wind sectors.The contract…

CNOOC Brings Online Another Oil and Gas Project in South China Sea

Sep 04, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production from the Wenchang 16-2 oil field development project in the northern part of South China Sea.The project is located in the western Pearl River Mouth Basin…

Technip Energies Gets FEED Job for Inpex’ Abadi LNG Project in Indonesia

Aug 28, 2025

Technip Energies, in consortium with JGC, has been awarded two significant Front-End Engineering Design (FEED) contracts for Inpex Abadi LNG project in the Masela Block, offshore Indonesia.The first contract is for the gas floating production…

Keppel, Seatrium in $53M Arbitration Case Over Brazil Corruption Scheme

Aug 28, 2025

Singapore's Keppel has initiated arbitration proceedings against local shipbuilder Seatrium for a S$68.4 million ($53.33 million) claim related to a corruption crackdown in Brazil, the companies said on Tuesday.In 2023, Seatrium had made provisions worth S$82…

Subsea7 Secures Work at Black Sea Field off Türkiye

Aug 28, 2025

Subsea7 today has secured a major contract by Turkish Petroleum Offshore Technology Center (TP-OTC) for the development of phase 3 of the Sakarya field development in the Black Sea, offshore Türkiye.Subsea7’s scope includes engineering, procurement…

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

Aug 27, 2025

Seatrium has secured a contract from Golar Hilli Corporation, a subsidiary of Golar LNG, to perform the upgrading of floating liquefied natural gas (FLNG) unit Hilli Episeyo.Scheduled to enter the yard in the third quarter of 2026, the project…

EnQuest Enters Indonesia with Operatorship PSCs for Two Exploration Blocks

Aug 26, 2025

EnQuest, together with its joint venture partners and the Government of Indonesia, has signed Production Sharing Contracts (PSCs) for the Gaea and Gaea II exploration blocks, located in Papua Barat, Indonesia.Under the PSC terms, EnQuest has…

PXGEO Nets First Seismic Survey off Malaysia

Aug 25, 2025

Marine geophysical services company PXGEO has secured its first contract in Malaysia to deliver offshore seismic data acquisition services under a two-year agreement.The contract includes a minimum commitment of 365 days of acquisition activity…

Current News

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

EnQuest Set to Top 2025 Production Forecast on Southeast Asia Gains

Velesto Agrees $63M Jack-Up Drilling Rig Sale with Indonesian Firm

TotalEnergies Sells Stake in Malaysia’s Block to Thailand’s PTTEP

Technip Energies Gets On Board Thailand’s First CCS Project

Eni Makes Significant Gas Discovery Offshore Indonesia

Petronas Enlists MISC for FPU Job at Gas Field Offshore Brunei

Japan’s JERA Signs First Long-Term LNG Deal with India’s Torrent Power

India's ONGC Set to Retain 20% stake in Russia's Sakhalin-1 Project

Harbour Energy to Sell Stakes in Indonesian Assets to Prime Group for $215M

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