Pakistan’s state-owned Oil and Gas Development Company (OGDCL) has agreed to acquire a 20% interest in the Eastern Offshore Indus-C Block, joining forces with Pakistan Petroleum Limited (PPL), Turkish Petroleum Overseas Company (TPOC), part of Türkiye’s TPAO, and MariEnergies.Subject to regulatory approvals, operatorship of the block will be transferred to TPOC, which has extensive experience in offshore exploration and field development…
Viridien, in partnership with Malaysia Petroleum Management (MPM), a unit of Petronas, is finalizing an integrated geological study aimed at uncovering new exploration opportunities in the underexplored Langkasuka Basin in the Malacca Strait…
MODEC has held a steel strike ceremony for the part of Gato do Mato floating production, storage and offloading (FPSO) unit, which will be deployed at Shell’s field offshore Brazil.The ceremony was held at the COSCO Qidong Shipyard, marking…
Malaysian independent oil and gas exploration firm Hibiscus Petroleum has spudded a new well at the Teal West field in the North Sea, off the coast of the United Kingdom.The drilling operations is being done with Shelf Drilling’s Shelf Drilling Fortress jack-up rig…
Italian energy services firm Saipem has secured a new offshore contract by Turkish Petroleum OTC for the third phase of the Sakarya gas field development project in Türkiye, worth approximately $1.5 billion.The third phase of development entails a new dedicated floating production unit (FPU)…
SPE Offshore Europe 2025 (OE25) will open its doors at the P&J Live from 2-5 September for what is set to be one of the most pivotal in the show’s 52-year history. With offshore energy at the centre of national and international debate, the…
ADNOC Gas and its subsidiaries have signed Heads of Agreement with Hindustan Petroleum Corporation to supply 0.5 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG) for a 10-year term.The agreement underscores ADNOC Gas’ expanded global footprint…
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