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…
MODEC and Eld Energy have completed a key qualification stage for a solid oxide fuel cell power system designed for floating production, storage and offloading (FPSO) units, advancing plans to test the technology using produced gas on an operating offshore unit…
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…
BP has completed a planned maintenance program on the Central Azeri platform in Azerbaijan's Azeri-Chirag-Deepwater Gunashli (ACG) field ahead of schedule.The turnaround began on August 19 and was originally scheduled to last 11 days. BP said…
Bohai Phase 5 has entered full operation at the Penglai oil field offshore China, expanding production infrastructure through a project delivered by ConocoPhillips and operator CNOOC.The development adds two new wellhead platforms, four platform…
ADNOC, in collaboration with SLB, has deployed an artificial intelligence (AI)-enabled Real-Time Operations Center (RTOC) platform across its fleet of more than 120 drilling rigs, aiming to improve drilling performance, reduce engineering effort…
Oil prices rose on Tuesday as a diplomatic resolution to the U.S.-Iran conflict remained uncertain, while disruptions to oil flows through key shipping routes persisted.Front-month Brent futures LCOc1 rose $1.04, or 1.24%, to $84.81 a barrel…
Oil futures prices fell over 3% on Friday but are still set for hefty weekly gains because of concerns about disrupted energy flows in the Red Sea and fears of further escalation in the U.S.-Israeli war with Iran.Brent futures LCOc1 fell nearly $4…
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…
Malaysia-based offshore drilling contractor Velesto Energy has mutually agreed with PC Ketapang II, PC North Madura II and PETRONAS North Ketapang to terminate, without cause, a contract for the NAGA 8 jack-up drilling rig offshore Indonesia…
Aberdeen-headquartered well integrity and decommissioning specialist Unity has entered the Asia-Pacific market after securing its first regional contract in partnership with Malaysian oilfield services company Reservoir Link.The companies will…
Sunda Energy has started evaluating options for the planned Chuditch-2 appraisal well offshore Timor-Leste following discussions with regulators and its joint venture partner, while separately advancing its acquisition of a New Zealand production business…
India's Oil and Natural Gas Corp (ONGC) and BP have signed a technical services contract aimed at enhancing production from fields in India's Western Offshore Basin, expanding a collaboration that began at the Mumbai High field in 2025.Under the agreement…
Workers began a limited strike on Tuesday at Inpex's Ichthys liquefied natural gas facilities in Australia over a wage dispute, and their unions threatened much broader action next week that could disrupt LNG production and loadings.Ichthys accounts for about 10% of LNG supply from Australia…
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