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Floating Production News

 

CNOOC Makes Ultra-Deep Gas Discovery in China's Bohai Sea

Nov 12, 2026

China's CNOOC has discovered a high-yield oil and gas well in ultra-deep volcanic formations in the Bohai Sea, with testing showing natural gas flow of approximately 800,000 cubic meters (28 million cubic feet) per day.The well, located in central Bohai near the Bozhong Sag, encountered more than 120 metres of cumulative gas pay in volcanic formations and was completed at a depth of 5,770 metres, according to CNOOC…

Iran Brings South Pars Gas Platform Fire Under Control

Nov 11, 2026

A fire that broke out on a platform at Iran's South Pars gas field, the world's largest offshore natural gas field, was contained on Tuesday, the semi-official Fars news agency reported, citing the deputy oil minister.The cause of the fire was under investigation…

Eni, Petronas JV Brings Indonesian Offshore Gas Field Online

Nov 02, 2026

Searah, the joint venture between Eni and Petronas, has started gas production from the Maha field offshore Indonesia, with output expected to ramp up to 230 million standard cubic feet per day (MMSCFD).Located in the West Ganal block in the Kutei Basin…

TotalEnergies to Take Operatorship of Two Major Gas Fields off Malaysia

Nov 02, 2026

TotalEnergies has signed agreements to acquire a 30% operated interest in the Lang Lebah and B14 gas fields offshore Malaysia, paving the way for an integrated development expected to unlock more than 6.5 trillion cubic feet of gas resources…

Indonesia Cuts Singapore Pipeline Gas Flows by 9% to Meet Domestic Demand

Oct 26, 2026

Indonesia cut 31 million standard cubic feet of gas per day (mmscfd) from its pipeline natural gas exports to Singapore starting on Saturday to divert supply to the domestic power sector, upstream oil and gas regulator SKK Migas said.Indonesia…

Idemitsu Taps PV Drilling for Vietnam's Offshore Drilling Campaign

Oct 26, 2026

Vietnam's PV Drilling has secured a contract from Idemitsu Gas Production (Vietnam) to supply a jack-up drilling rig for an offshore exploration and appraisal campaign in the Nam Con Son Basin in 2027.Under the agreement, signed on October 16…

Indonesia's Jangkrik FPU Set for Major Gas Output Boost

Oct 23, 2026

Indonesia boosted gas supplies to the Jangkrik Floating Production Unit (FPU) in the Kutai Basin on Thursday, with production expected to increase to 750 million standard cubic feet per day (mmscfd) by November.Energy minister Bahlil Lahadalia…

PTTEP, Eni Launch Joint Venture for ADNOC-Operated Ghasha Offshore Project

Oct 23, 2026

Thailand's PTT Exploration and Production (PTTEP) and Eni have established an equally owned joint venture to hold their interests in the Ghasha gas development offshore Abu Dhabi.The new company, Seela Energies B.V., was established by PTTEP's…

Oil India Discovers Gas in Shallow Waters of Krishna-Godavari Basin

Oct 23, 2026

Oil India has discovered natural gas in the shallow offshore waters of India's Krishna-Godavari Basin, with testing of its Godavari-1 appraisal well recording gas flows of up to 200,000 standard cubic meters per day.The discovery was made in…

Finder Energy Selects Eneos’ Rig for Drilling Job off Timor-Leste

Oct 20, 2026

Finder Energy has signed a contract worth an estimated $42.3 million with Eneos Drilling for the Hakuryu-5 semi-submersible rig to drill three development wells at the Kuda Tasi and Jahal (KTJ) offshore oil project in Timor-Leste.The agreement covers the provision of the rig…

Eni Agrees Indonesian Gas Asset Sales to Pertamina and Medco

Oct 12, 2026

Eni has signed two binding agreements to sell 10% interests in seven production sharing contracts (PSCs) in Indonesia to Pertamina and Medco, covering assets operated by its joint venture with Petronas.Under the first agreement, Eni will sell its 10% interests in the East Sepinggan…

Yinson Production Raises $1.46B to Refinance Agogo FPSO

Oct 07, 2026

Yinson Production has priced $1.458 billion of senior secured notes to refinance debt linked to its Agogo floating production, storage and offloading (FPSO) unit operating offshore Angola, in what the company said was the largest FPSO project bond to date…

ADNOC Signs Multi-Year LNG Supply Deal with Thailand’s Gulf Group

Oct 05, 2026

Abu Dhabi National Oil Company (ADNOC) has signed a multi-year agreement to supply about 2 million tonnes of liquefied natural gas (LNG) to Thailand's Gulf Group starting in 2027.Under the sales and purchase agreement, ADNOC Trading will deliver the LNG to Gulf Group…

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…

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…

Current News

Oil Heads for Weekly Decline Despite Middle East Supply Threats

Oil Heads for Weekly Decline Despite Middle East Supply Threats

Inpex Raises Profit Forecast on Strong Ichthys LNG Production

Inpex Raises Profit Forecast on Strong Ichthys LNG Production

Singapore Seeks LNG Floating Storage Operators to Expand Bunkering Ops

Singapore Seeks LNG Floating Storage Operators to Expand Bunkering Ops

CNOOC Makes Ultra-Deep Gas Discovery in China's Bohai Sea

CNOOC Makes Ultra-Deep Gas Discovery in China's Bohai Sea

First Oil Flows from Vietsovpetro's Platform Offshore Vietnam

First Oil Flows from Vietsovpetro's Platform Offshore Vietnam

Iran Brings South Pars Gas Platform Fire Under Control

Iran Brings South Pars Gas Platform Fire Under Control

Oil Prices Slide as Trump Signals Pause in Iran Strikes

Oil Prices Slide as Trump Signals Pause in Iran Strikes

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