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Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

Jan 30, 2026

Offshore drilling contractor Northern Offshore has secured a contract for its Energy Emerger jack-up rig for a drilling operation at Yumna field, offshore Oman.Rex International’s indirect subsidiary Masirah Oil announced that its parent company, Rex Oman, has signed a contract for the Energy Emerger jack-up drilling rig, to perform drilling of three development wells in the offshore Yumna field in Oman’s Block 50…

Murphy Oil Appraisal Well Boosts Resource Outlook at Field off Vietnam

Jan 07, 2026

Murphy Oil Corporation has drilled an appraisal well at the Hai Su Vang oil field offshore Vietnam, confirming a larger hydrocarbon column and strengthening the field’s recoverable resource potential.The Hai Su Vang-2X appraisal well was drilled in Block 15-2/17 in the Cuu Long Basin…

Offshore Energy and Boosting the Energy Efficiency of Water Processes

Jan 02, 2026

Water injection and the transport of produced fluids are some of the main energy consumers in offshore production. Researchers at SINTEF point to the need for a balanced approach to optimizing energy efficiency.The handling of produced fluids…

India Seeks $30B from Reliance, BP Over Gas Shortfall at Offshore Fields

Dec 29, 2025

India is seeking over $30 billion in compensation from Reliance Industries and BP in an arbitration case for gas it says the companies failed to produce from offshore fields, according to three people with knowledge of the matter.A tribunal…

South Korean Firm Buys Into Indonesian Offshore Oil Block

Dec 26, 2025

SK Earthon, the energy resource development unit of SK Innovation, has acquired a 34% stake in the North Ketapang exploration block offshore Indonesia, expanding its upstream presence in Southeast Asia.The stake was acquired from Petronas North Ketapang…

Yinson Production Cuts First Steel for Vietnam-Bound FSO

Dec 24, 2025

Malaysia's Yinson Production has held a steel cutting ceremony for a floating storage and offloading (FSO) unit, bound for deployment at Block B gas field offshore Vietnam.The steel cutting ceremony, held on December 19, 2025, marked the construction start of the FSO Block B…

CNOOC Launches New Offshore Oil Development in Southern China

Dec 22, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought the Xijiang Oilfields 24 Block Development Project on stream in the shallow waters of the Pearl River Mouth Basin, marking the start of production at the offshore project…

Indonesia Tenders Eight Oil and Gas Blocks as Output Declines

Dec 22, 2025

Indonesia announced a round of oil and gas block tenders on Monday, offering eight new blocks to contractors, an energy ministry document showed, amid efforts to increase energy reserves.Indonesia's oil and gas production has been on a downtrend in the past decade due to depleting reserves…

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

Dec 16, 2025

TotalEnergies has closed an agreement to divest to PTTEP an indirect interest of 9.998% in block SK408 in Malaysia.TotalEnergies will keep a 30.002% interest in block SK408 and the operatorship. The block is a major gas development, contributing to Malaysia’s energy security…

Eni Makes Significant Gas Discovery Offshore Indonesia

Dec 09, 2025

Eni has made a significant gas discovery in the Konta-1 exploration well, drilled in the Muara Bakau production sharing contract (PSC), in the Kutei Basin, offshore Indonesia.Estimates indicate 600 billion cubic feet (Bcf) of gas initially in…

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

Dec 08, 2025

Harbour Energy has agreed to sell its operated interests in the Natuna Sea Block A field and the Tuna development project in Indonesia to Prime Group for $215 million in cash, as the U.K.-listed producer continues to streamline its portfolio…

Mubadala Energy, PLN Energy Primer Team Up for Andaman Sea Gas Supply

Dec 01, 2025

Mubadala Energy and PLN Energi Primer Indonesia (PLN EPI) have signed a heads of agreement to supply gas from the Andaman Sea as part of efforts to strengthen Indonesia’s energy security.The agreement establishes a framework for supplying cleaner…

Pakistan Greenlights TPOC-Led Offshore Exploration in Block-C

Nov 19, 2025

Pakistan approved a new offshore exploration consortium on Tuesday, clearing Turkish Petroleum Overseas Company to take over operatorship of the Eastern Offshore Block-C as part of a push to revive drilling, the adviser to the finance ministry said…

Current News

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

Petronas Plans Ramp-Up in Exploration, Production Over Three Years

Petronas Plans Ramp-Up in Exploration, Production Over Three Years

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

JERA Lifts First LNG Cargo From Barossa Gas Project in Australia

JERA Lifts First LNG Cargo From Barossa Gas Project in Australia

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

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Union and Marathon meet as deadline for US refineries' strike looms
Sky News reports that Thames Water is close to a 16 billion-pound deal with lenders.
Chevron's CEO claims that it can refine another 100,000 barrels per day of Venezuelan crude in its US refineries.
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