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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…

Technology as Enabler of Energy Security in Offshore Asia

Apr 27, 2026

In recent years, Asia’s offshore sector has regained strategic importance, particularly in countries such as Malaysia, Indonesia and Vietnam, as operators pursue new upstream opportunities while governments seek to strengthen domestic and regional energy security…

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…

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…

OceanAlpha Shares USV Offerings at Oi26

Apr 05, 2026

Pinestone Shi, General Manager at OceanAlpha, discusses the V180 unmanned surface vessel (USV), designed for deepwater, offshore inspection, maintenance, and repair tasks. Shi also shares insight on the Fire Conqueror USV, designed for maritime fire emergencies, and other vessel offerings.

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…

Strohm to Supply Insulated TCP Jumpers for Malaysia’s Offshore Project

Mar 26, 2026

Thermoplastic composite pipe (TCP) manufacturer Strohm has secured a contract to supply insulated production jumpers for an offshore field extension project in Malaysia.The scope includes two carbon fibre PA12 thermoplastic composite pipe production jumpers with a 7-inch internal diameter…

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…

Eni: New Gas Discoveries in Libya

Mar 16, 2026

Eni has made two new gas discoveries in Libya as a result of an exploration campaign initiated in the past months.Two adjacent geological structures, Bahr Essalam South 2 (BESS 2) and Bahr Essalam South 3 (BESS 3), were successfully drilled by the B2-16/4 and C1-16/4 wells…

Iran War Exposes Risks of Fossil Fuel Dependence

Mar 11, 2026

The economic risks of the world’s heavy dependence on oil and gas have been laid bare twice in four years - first with Russia’s invasion of Ukraine and now with the U.S.-Israeli war on Iran - undermining U.S. President Donald Trump’s flagship push to double down on fossil fuels…

OSV Market: Asia Pacific Downshifts for the Long Haul

Mar 09, 2026

2025 was a year of recalibration, continuing the softness experienced since the fourth quarter of 2024. Rather than a slowdown, this period can be better described as a collective deep breath as the industry prepares for the next upcycle in the Asian Pacific region…

Lamprell Secures ONGC Deal for Subsea Pipeline Replacement Project

Mar 05, 2026

Lamprell has secured a contract by Oil & Natural Gas Corporation (ONGC) to deliver the Pipeline Replacement Project PRP-IX covering multiple offshore fields in India.The contract includes the replacement and installation of about 285 km of subsea…

QatarEnergy Selects Technip Energies JV for North Field West Expansion Work

Feb 25, 2026

QatarEnergy has awarded the engineering, procurement and construction (EPC) contract for the onshore liquefied natural gas (LNG) plant of its North Field West (NFW) project to a joint venture comprising Technip Energies, Consolidated Contractors Company (CCC) and Gulf Asia Contractor (GAC)…

Inpex Eyes Mid-Year Bids for $21B Indonesia LNG Project

Feb 25, 2026

Japanese oil and gas explorer Inpex said it aims to start the tender process for engineering for its Abadi gas project in Indonesia in the middle of this year, as Jakarta pledged to remove bureaucratic snags to help expedite the $21 billion development…

Current News

Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia

ABL Gets Papua New Guinea FSO Job

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

ADNOC Approves $6.2B Offshore Umm Shaif Gas Project

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Jadestone Energy Lifts Malaysia Production with Second Online Well

Searah Malaysia Starts Upstream Oil and Gas Operations

Inpex Starts Construction of Indonesia's Abadi LNG Project

Hormuz Crossings Decline as US Renews Iran Blockade

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