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Maritime News - page 2

 

Yinson Production Cuts First Steel for Vietnam-Bound FSO

Dec 24, 2025

Malaysia's Yinson Production has held a steel cutting ceremony for a floating storage and offloading (FSO) unit, bound for deployment at Block B gas field offshore Vietnam.The steel cutting ceremony, held on December 19, 2025, marked the construction start of the FSO Block B…

CNOOC Makes Major Oil Discovery in Bohai Sea

Dec 24, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a major oil discovery in the Bohai Sea, dubbed Qinhuangdao 29-6, adding over a 100 million tons of oil equivalent in-place.The oil property at the Qinhuangdao 29-6 oil field is medium-heavy crude…

DOF Bags Two Deals in Asia-Pacific Region

Dec 23, 2025

Norwegian offshore vessel owner and subsea services provider DOF Group has secured two contracts for its vessels and services in the Asia-Pacific (APAC) region.DOF signed a three-year frame agreement for the provision of subsea inspection, maintenance…

CNOOC Launches New Offshore Oil Development in Southern China

Dec 22, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought the Xijiang Oilfields 24 Block Development Project on stream in the shallow waters of the Pearl River Mouth Basin, marking the start of production at the offshore project…

Saipem Nets Multibillion-Dollar Job at World's Largest Offshore Gas Field

Dec 22, 2025

Italian engineering group Saipem has secured an offshore engineering, procurement, construction and installation contract in Qatar with a total value of about $4 billion, of which its share amounts to approximately $3.1 billion.The contract…

Indonesia Tenders Eight Oil and Gas Blocks as Output Declines

Dec 22, 2025

Indonesia announced a round of oil and gas block tenders on Monday, offering eight new blocks to contractors, an energy ministry document showed, amid efforts to increase energy reserves.Indonesia's oil and gas production has been on a downtrend in the past decade due to depleting reserves…

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

Dec 17, 2025

Fugro has secured a large contract with Mubadala Energy to deliver advanced soil investigation services for the South Andaman Deepwater Development, located offshore Indonesia.The strategic project will inform the Front-End Engineering Design Engineering Procurement and Construction (EPC) award…

EnQuest Set to Top 2025 Production Forecast on Southeast Asia Gains

Dec 17, 2025

North Sea-focussed oil producer EnQuest said on Wednesday it expects to meet or exceed the upper end of its 2025 output forecast of 40,000–45,000 barrels of oil equivalent per day (boepd) as it steps up expansion in Southeast Asia.The company…

Velesto Agrees $63M Jack-Up Drilling Rig Sale with Indonesian Firm

Dec 16, 2025

Velesto has entered into a sale and purchase agreement with PT Indonesia Drilling Energy for the sale of its jack-up drilling rig, NAGA 3, for a total cash consideration of $63 million.The divestment of NAGA 3, built in 2010, is in line with the group's ongoing fleet optimization…

TotalEnergies Sells Stake in Malaysia’s Block to Thailand’s PTTEP

Dec 16, 2025

TotalEnergies has closed an agreement to divest to PTTEP an indirect interest of 9.998% in block SK408 in Malaysia.TotalEnergies will keep a 30.002% interest in block SK408 and the operatorship. The block is a major gas development, contributing to Malaysia’s energy security…

Technip Energies Gets On Board Thailand’s First CCS Project

Dec 15, 2025

Technip Energies has secured a detailed engineering contract for PTTEP’s Arthit Carbon Capture and Storage (CCS) facilities project in the Gulf of Thailand by Thoresen Jutal Offshore Engineering Heavy Industries Limited (Thailand).PTTEP is leading the Arthit CCS Project…

Eni Makes Significant Gas Discovery Offshore Indonesia

Dec 09, 2025

Eni has made a significant gas discovery in the Konta-1 exploration well, drilled in the Muara Bakau production sharing contract (PSC), in the Kutei Basin, offshore Indonesia.Estimates indicate 600 billion cubic feet (Bcf) of gas initially in…

Petronas Enlists MISC for FPU Job at Gas Field Offshore Brunei

Dec 09, 2025

Malaysia’s MISC Berhad has secured its first floating production unit (FPU) project in Brunei after receiving a letter of award from PETRONAS Carigali Brunei (PCBL) for the lease, operation and maintenance of the facility for a natural gas development project…

Japan’s JERA Signs First Long-Term LNG Deal with India’s Torrent Power

Dec 08, 2025

Japan’s JERA, the country’s largest power producer, has signed its first long-term liquefied natural gas (LNG) supply agreement outside Japan with India’s Torrent Power.Under the 10-year deal beginning in 2027, JERA will supply four LNG cargoes a year…

India's ONGC Set to Retain 20% stake in Russia's Sakhalin-1 Project

Dec 08, 2025

India's Oil and Natural Gas Corp (ONGC) will pay into Russia's Sakhalin-1 oil and gas field abandonment fund in roubles, using Indian companies' frozen dividends to retain its 20% stake in the project, three sources familiar with the matter said…

Current News

Vantris Energy Lands Petronas Job on Malaysia’s Offshore Fields

Vantris Energy Lands Petronas Job on Malaysia’s Offshore Fields

Murphy Oil Appraisal Well Boosts Resource Outlook at Field off Vietnam

Murphy Oil Appraisal Well Boosts Resource Outlook at Field off Vietnam

Viridien Kicks Off Multi-Client Reimaging Program off Malaysia

Viridien Kicks Off Multi-Client Reimaging Program off Malaysia

Petrovietnam Agrees First-Ever LNG Term Deal with Shell

Petrovietnam Agrees First-Ever LNG Term Deal with Shell

ADNOC Takes FID on SARB Deep Gas Project Offshore Abu Dhabi

ADNOC Takes FID on SARB Deep Gas Project Offshore Abu Dhabi

Jereh Group Delivers Oil Separation Systems for Petrobras’ FPSO Units

Jereh Group Delivers Oil Separation Systems for Petrobras’ FPSO Units

Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens

Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens

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