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Floating Production News

 

Eni and Petronas JV Extend Drilling Backlog for Ventura Offshore’s Semi-Sub Rig

Sep 25, 2026

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.The amendment with Searah West Ganal Limited and Searah Ganal Deepwater Limited covers drilling of the JKNE Upside-1 Dir well and is expected to keep the rig working into December 2026…

SLB Secures Aramco Well Construction Work for 450 Wells

Sep 25, 2026

SLB has been awarded four integrated well construction contracts by Aramco covering more than 450 oil and gas wells across Saudi Arabia over an initial three-year period.Each contract includes an option to extend the work by up to two years…

Fugro Adds More Survey Work off Timor-Leste

Sep 24, 2026

Fugro has secured two additional survey contracts from Timor-Leste's Ministry of Petroleum and Mineral Resources for proposed pipeline routes supporting the Greater Sunrise TLNG development and Bayu-Undan Pipeline Highway projects.The awards…

Southeast Asia Plans 100 GW-Plus Gas Power Expansion Despite LNG Risks

Sep 24, 2026

Southeast Asia is developing more than 100 gigawatts of gas-fired power generating capacity and 70 million tons per annum of LNG import capacity, despite growing supply risks highlighted by the ongoing war in the Middle East, data from US think tank Global Energy Monitor showed on Thursday…

Saudi Aramco Plans Standalone Gas Division in Major Reorganization

Sep 23, 2026

Saudi oil giant Aramco plans to reorganise its business to create a new gas division with an eye on possible listings of business units in the future to raise cash, two sources with knowledge of the matter told Reuters.The move is in line with…

ONGC Strikes Gas in Deepwater Well off India

Sep 22, 2026

Oil and Natural Gas Corporation (ONGC) has struck gas at a deepwater exploration well in India's Mahanadi Offshore Basin, with the well flowing gas at encouraging rates and reservoir pressure.The MN-DW18-1-H-D well, about 43 km off Konark on the Odisha coast…

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

Sep 14, 2026

Petronas and PTTEP subsidiaries have received approvals from the governments of Malaysia and Thailand for a new 35-year production sharing contract covering Block A-18-01 in the Malaysia-Thailand Joint Development Area (MTJDA).PC JDA Limited…

Larsen & Toubro Adds Major ONGC Offshore Project to Orderbook

Sep 09, 2026

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…

Energean’s Profit Rises as Israeli Gas Operations Recover

Sep 09, 2026

Eastern Mediterranean-focused gas producer Energean posted a 45% jump in first-half profit on Wednesday, helped by a lower tax charge in Italy, and said production had recovered strongly following the restart of operations in Israel.The company…

Saipem Bags Commissioning Contract for Türkiye-Bound FPU

Sep 08, 2026

Italian energy services firm Saipem has secured a contract from GOE Petrol Sanayi for commissioning services on the Osman Gazi floating production unit (FPU), destined for the Sakarya gas field development in the Turkish Black Sea.The contract…

Seatrium Nears Dual FPSO Sailaway for Petrobras' Búzios Field

Aug 27, 2026

Singapore's Seatrium is preparing for the sailaway of two floating production, storage and offloading (FPSO) units for Brazil's Petrobras, with the P-80 and P-82 vessels scheduled to depart within weeks of each other.The two vessels were marked…

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

Aug 25, 2026

Energy data and intelligence firm TGS has secured a one-month extension to the largest seismic streamer acquisition contract offshore Indonesia.The extension is scheduled to begin in August. TGS is conducting the job using Ramform Sovereign…

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

Jul 24, 2026

BP has advanced the Tangguh Ubadari, CCUS and Compression (UCC) project in Indonesia with the first offshore platform jacket arriving in Fakfak, Papua Barat, marking the start of the offshore installation phase.The jacket completed a 5,800-km…

ABL Gets Papua New Guinea FSO Job

Jul 22, 2026

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…

Inpex Starts Construction of Indonesia's Abadi LNG Project

Jul 16, 2026

Japan's Inpex on Thursday launched construction of its long-delayed $21 billion Abadi LNG project in Indonesia's Masela gas block, in a ceremony that was livestreamed.Production from the plant is expected to start around 2030.Here are some details…

Current News

SBM Offshore Taps Chinese Contractor for FPSO Topside Modules

SBM Offshore Taps Chinese Contractor for FPSO Topside Modules

Arabian Drilling Inks $533M Deal for Four Jack-Up Drilling Rigs

Arabian Drilling Inks $533M Deal for Four Jack-Up Drilling Rigs

Qatar-Linked LNG Tankers Resume Hormuz Transits

Qatar-Linked LNG Tankers Resume Hormuz Transits

Finder Energy Clears Environmental Hurdle for Timor-Leste Oil Project

Finder Energy Clears Environmental Hurdle for Timor-Leste Oil Project

TotalEnergies, SOCAR, XRG Greenlight Absheron Field Expansion in Caspian Sea

TotalEnergies, SOCAR, XRG Greenlight Absheron Field Expansion in Caspian Sea

SLB Secures Aramco Well Construction Work for 450 Wells

SLB Secures Aramco Well Construction Work for 450 Wells

Inpex Takes Additional Stake in Ichthys LNG

Inpex Takes Additional Stake in Ichthys LNG

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