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ADNOC Approves $6.2B Offshore Umm Shaif Gas Project

Jul 21, 2026

ADNOC has made a $6.2 billion final investment decision (FID) to develop the Umm Shaif Gas Cap project offshore Abu Dhabi with partners TotalEnergies, Eni and China National Petroleum Corporation (CNPC).The development is expected to produce…

Sunda Energy Applies for Exploration Permit Offshore New Zealand

Jul 14, 2026

Sunda Energy has submitted an application for a new petroleum exploration permit covering an offshore area of New Zealand's Taranaki Basin as the company expands its focus on gas opportunities in the country.The proposed permit covers approximately…

Noble Gets $136M Brunei Drillship Job

Jul 13, 2026

Noble Corporation has secured a contract with unnamed client for its Noble Viking drillship, which will be engaged in drilling operations offshore Brunei.The contract comprises a firm scope of six wells, with an estimated contract value of approximately $136…

Arabian Drilling Set to Resume Ops with Three Offshore Rigs

Jul 13, 2026

Saudi Arabian drilling contractor Arabian Drilling has received approval to resume operations for three offshore drilling rigs that had been temporarily suspended earlier this year, with the units expected to return to work within weeks.The suspensions…

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Jul 08, 2026

Dolphin Drilling has secured a further extension for its deepwater-capable semi-submersible rig Blackford Dolphin with Oil India, keeping the rig on contract until at least August 28, 2026.The extension will allow completion of drilling, testing…

Israel Steps Up Mediterranean Gas Search

Jul 07, 2026

Israel has launched its fifth competitive process to search for more natural gas in the country's economic waters, Energy Minister Eli Cohen said on Monday, seeking to bolster domestic reserves while increasing exports.Israel's gas needs are served by a number of fields off its Mediterranean coast…

ADNOC Launches Global LNG Trading Powerhouse

Jul 06, 2026

ADNOC has launched a global liquefied natural gas (LNG) marketing and trading platform in Abu Dhabi Global Market, bringing together the LNG marketing activities of ADNOC Gas and XRG with ADNOC Trading’s trading capabilities.The integrated commercial…

Gastech 2026 to convene global energy leaders in Bangkok as Asia accelerates demand, LNG investment and system transformation

Jul 02, 2026

Gastech 2026 will take place in Bangkok, Thailand from September 14-17, 2026, uniting global decision makers and energy leaders to address urgent supply security and system resilience priorities amid mounting geopolitical instability.Positioned…

Saipem to Sell Saudi Shallow-Water Drilling Business to ADES for $285M

Jun 24, 2026

Italian energy services company Saipem has signed a binding agreement to sell its shallow-water drilling business in Saudi Arabia to ADES Saudi Limited Company for $285 million, as it seeks to focus on deepwater and harsh-environment offshore drilling…

Perenco Inks Gas Sales Deal for Vietnamese Offshore Field

Jun 22, 2026

Perenco has signed a gas sales and purchase agreement (GSPA) for the Su Tu Trang Phase 2B development in Block 15-1 offshore Vietnam, marking a key commercial milestone for a project aimed at boosting domestic gas supplies and supporting the country's energy security…

Oil Edges Higher as Uncertainty Clouds US-Iran Truce

Jun 19, 2026

Oil prices rose on Friday as the prospect of a lasting truce between the U.S. and Iran was clouded after peace talks in Switzerland were called off and as Israel stepped up attacks on Lebanon.By 0645 GMT, Brent crude futures LCOc1 gained 51 cents…

Eni and Petronas Launch Southeast Asia Gas Joint Venture Searah

Jun 08, 2026

Eni and Petronas have officially established Searah, a new 50/50 joint venture combining selected businesses across Indonesia and Malaysia, creating what has been described as Southeast Asia's largest independent integrated energy company.The…

Conrad Secures Drilling Rig for Mako Gas Field off Indonesia

Jun 05, 2026

Conrad Asia Energy, via its subsidiary West Natuna Exploration Limited (WNEL), has signed a binding contract with PT Pertamina Drilling Services Indonesia through the PDSI–ADES Consortium for the provision of a jack-up drilling rig to support development of the Mako gas field offshore Indonesia…

Indonesia Targets Higher Oil and Gas Output in 2027

Jun 03, 2026

Indonesia's upstream oil and gas regulator SKK Migas told a parliamentary hearing on Wednesday that it will aim to lift 612,500 barrels of oil per day (bpd) and 5,469 million standard cubic feet per day (mmscfd) of gas next year.Indonesia's…

BP Launches Gas Production at Azerbaijan’s Giant ACG Field

Jun 01, 2026

BP and its partners have started non-associated gas (NAG) production at the Azeri-Chirag-Gunashli (ACG) field offshore Azerbaijan, marking the first commercial gas production from one of the world's largest oil-producing fields.The initial gas…

Current News

Seadrill Secures Offshore Drilling Deals Across Four Countries

Seadrill Secures Offshore Drilling Deals Across Four Countries

Jack-Up Rig Arrives in Indonesia for Conrad Asia Energy's MOPU Conversion

Jack-Up Rig Arrives in Indonesia for Conrad Asia Energy's MOPU Conversion

Murphy Oil Finds More Oil Offshore Vietnam, Côte d'Ivoire

Murphy Oil Finds More Oil Offshore Vietnam, Côte d'Ivoire

Oil Caught Between Trump's Russia Supply Push and Middle East Risks

Oil Caught Between Trump's Russia Supply Push and Middle East Risks

Eni Agrees Indonesian Gas Asset Sales to Pertamina and Medco

Eni Agrees Indonesian Gas Asset Sales to Pertamina and Medco

Riyadh Attacks Disrupt Oil Majors' Summit Plans

Riyadh Attacks Disrupt Oil Majors' Summit Plans

Iran Weighs US Response as Hormuz Reopening Talks Stall

Iran Weighs US Response as Hormuz Reopening Talks Stall

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