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Brownfield Output Decline Accelerates, says IEA

Sep 16, 2025

The decline in output from mature global oil and gas fields is accelerating amid greater reliance on shale and deep offshore resources, the International Energy Agency said on Tuesday, meaning companies need to invest more just to keep output flat.The IEA, which advises industrialised countries, is under fire from U.S. President Donald Trump's administration for a recent shift to focus on clean energy policy…

DOF Subsea Nets Construction Support Gig at Brownfield Project Off Malaysia

Dec 21, 2022

Subsea services firm DOF Subsea said Wednesday it had secured a construction support contract at a brownfield expansion project in Malaysia.DOF Subsea will provide services related to riser and spool installation, including air and saturation diving…

Current News

Inpex-Led Bonaparte CCS Project Gets Australian Offshore Storage Approval

Inpex-Led Bonaparte CCS Project Gets Australian Offshore Storage Approval

Seascape Energy Expands Temaris Gas Acreage Offshore Malaysia

Seascape Energy Expands Temaris Gas Acreage Offshore Malaysia

Oil Markets Brace for Years of High Prices as Iran War Drags On

Oil Markets Brace for Years of High Prices as Iran War Drags On

Seadrill Secures Offshore Drilling Deals Across Four Countries

Seadrill Secures Offshore Drilling Deals Across Four Countries

Jack-Up Rig Arrives in Indonesia for Conrad Asia Energy's MOPU Conversion

Jack-Up Rig Arrives in Indonesia for Conrad Asia Energy's MOPU Conversion

Murphy Oil Finds More Oil Offshore Vietnam, Côte d'Ivoire

Murphy Oil Finds More Oil Offshore Vietnam, Côte d'Ivoire

Oil Caught Between Trump's Russia Supply Push and Middle East Risks

Oil Caught Between Trump's Russia Supply Push and Middle East Risks

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