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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…

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…

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…

Seatrium Nears Dual FPSO Sailaway for Petrobras' Búzios Field

Aug 27, 2026

Singapore's Seatrium is preparing for the sailaway of two floating production, storage and offloading (FPSO) units for Brazil's Petrobras, with the P-80 and P-82 vessels scheduled to depart within weeks of each other.The two vessels were marked…

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…

Fugro Secures India Deepwater Drilling ROV Contract

Aug 05, 2026

Fugro Survey India has been awarded a three-year contract by Vantage International Management Company to provide remotely operated vehicle (ROV)-based deepwater drill support services for ONGC's offshore drilling operations in India.Under the contract…

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

Jul 24, 2026

BP has advanced the Tangguh Ubadari, CCUS and Compression (UCC) project in Indonesia with the first offshore platform jacket arriving in Fakfak, Papua Barat, marking the start of the offshore installation phase.The jacket completed a 5,800-km…

ABL Gets Papua New Guinea FSO Job

Jul 22, 2026

ABL has been awarded a contract by Oil Search (PNG), a subsidiary of Santos, to provide marine warranty survey (MWS) services for Papua New Guinea's first offshore floating storage and offloading (FSO) facility.The work will support the supply…

Inpex Starts Construction of Indonesia's Abadi LNG Project

Jul 16, 2026

Japan's Inpex on Thursday launched construction of its long-delayed $21 billion Abadi LNG project in Indonesia's Masela gas block, in a ceremony that was livestreamed.Production from the plant is expected to start around 2030.Here are some details…

Sunda Energy Applies for Exploration Permit Offshore New Zealand

Jul 14, 2026

Sunda Energy has submitted an application for a new petroleum exploration permit covering an offshore area of New Zealand's Taranaki Basin as the company expands its focus on gas opportunities in the country.The proposed permit covers approximately…

Noble Gets $136M Brunei Drillship Job

Jul 13, 2026

Noble Corporation has secured a contract with unnamed client for its Noble Viking drillship, which will be engaged in drilling operations offshore Brunei.The contract comprises a firm scope of six wells, with an estimated contract value of approximately $136…

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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