Inpex, Japan’s largest exploration and production (E&P) company, has acquired 50% participating interests in the Agung I and Agung II exploration blocks offshore Eastern Java, Indonesia, from BP’s subsidiaries.The interests were acquired through wholly owned subsidiaries INPEX WEST AGUNG and INPEX EAST AGUNG from BP Agung I Limited and BP Agung II Limited, respectively.Following the transaction, Inpex and BP will each hold 50% of both blocks…
TGS has launched a 3D seismic reprocessing project covering about 514 square kilometers over Petronas’ Megah discovery in Block SB-3K offshore Sabah, Malaysia, with final products expected in April 2027.The project will apply TGS' Elastic Multi…
Höegh Evi and Petroleum Sarawak (PETROS) have agreed to jointly develop, own and operate a proposed LNG import terminal in Kuching, Malaysia, targeting first gas by the end of 2029.The Kuching LNG Terminal will comprise a floating storage and regasification unit (FSRU)…
Malaysia's state energy firm PETRONAS said on Thursday that Trans Thai-Malaysia (Thailand), its joint venture with Thailand's, had temporarily shut the Songkhla Export Pipeline after identifying an issue during a routine inspection.The Songkhla…
Solstad Maritime has been awarded contracts for two anchor handling tug supply vessels (AHTS) for drilling support work in the Asia-Pacific region.The combined firm value estimated at the upper end of a $10 million and $30 million range, according to the Norwegian vessel owner…
KKB Engineering's subsidiary OceanMight has received a letter of award from Shell for engineering, procurement and construction work on fixed offshore structures for several Malaysian fields.The work will cover the deliveries for the SK408 Teja…
Kazakhstan has restarted enforcement action to collect a 2.3 trillion tenge ($5.22 billion) fine from the international consortium operating the Kashagan oilfield, Interfax reported on Wednesday, citing the Ministry of Justice.The North Caspian Operating Company - a venture including Shell…
China-based BOMESC Offshore Engineering's wholly owned subsidiary Tianjin BOMESC has signed a contract with SBM Offshore for the design, procurement and construction of topside modules for a floating production, storage and offloading (FPSO) destined for South America…
Saudi Arabia’s drilling contractor Arabian Drilling has signed a four-year contract worth about $533 million (SAR 2 billion) with Khafji Joint Operations (KJO) to provide four high-specification offshore jack-up drilling rigs.The contract will support KJO's offshore drilling operations…
More QatarEnergy-linked liquefied natural gas vessels, laden and in ballast, have transited the Strait of Hormuz in the last week despite the US-Iran conflict.In August, Kpler data showed no visible transits by Qatar-linked LNG vessels or vessels carrying cargoes from the Ras Laffan gas terminal…
Finder Energy has secured the principal environmental approval for its Kuda Tasi and Jahal (KTJ) oil development in Timor-Leste, clearing a key regulatory hurdle as the project moves towards a final investment decision.Timor-Leste's Autoridade…
TotalEnergies, SOCAR and XRG have taken a final investment decision (FID) on the full-field development of Azerbaijan's Absheron gas and condensate field, targeting an increase in gas production to 6 billion cubic meters per year from 2029.TotalEnergies…
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…
Inpex has agreed to acquire Jera's 0.735% participating interest in Australia's Ichthys LNG project, increasing its subsidiaries' combined stake in the development to 68.555% from 67.82%.The acquisition covers Jera's interest in blocks WA-50-L and WA-51-L…
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…
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