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Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

Apr 24, 2025

Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has entered into a series of agreements for the funding of the drilling campaign on the Chuditch gas field, offshore Timor-Leste, which is now targeted for summer 2025…

EnQuest Bags Two Production Sharing Contracts off Indonesia

Apr 23, 2025

U.K.-based oil firm EnQuest, and its joint venture partners, have been confirmed as the winning bidders for two Production Sharing Contract (PSC) blocks in Indonesia’s Papua Barat, including Gaea and Gaea II.The blocks present a multi-Tscf unrisked…

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

Apr 22, 2025

Tidal Action ultra-deepwater drillship has embarked on a voyage from South Korea to Brazil to start its maiden job at Petrobras’ Roncador field.The drillship has been officially handed over by its owner Hanwha Ocean to its subsidiary Hanwha Drilling…

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

Apr 21, 2025

China's privately controlled ENN Natural Gas and state-run Zhenhua Oil have each signed a term deal to buy liquefied natural gas from Abu Dhabi National Oil Company (ADNOC).ENN Natural Gas said on its official WeChat account on Saturday that…

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

Apr 21, 2025

MODEC has been awarded a contract by ExxonMobil Guyana to develop an FPSO for the Hammerhead project.The Hammerhead FPSO will have the capacity to produce 150,000 barrels of oil per day (BOPD), along with associated gas and water. It will be moored at a water depth of approximately 1…

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Apr 16, 2025

India has extended an auction of deep-sea blocks containing critical minerals used in electric vehicle batteries and other products until May 1, a spokesperson at India's Ministry of Mines said on Wednesday.China is a top global producer of 30 of the 50 minerals considered critical by the U…

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Apr 16, 2025

Indonesia awarded five oil and gas blocks to companies, its energy ministry said on Wednesday, as it attempts to replenish its oil and gas reserves and improve its energy security.Over the coming years, the government plans to offer nearly 60…

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

Apr 16, 2025

Malaysia-based offshore services firm Sapura Energy, through its Offshore Support Vessel & Geosciences business, has secured multiple vessel contracts in Malaysia and Thailand, worth around $22.6 million.The newly secured contract will keep…

CNOOC Puts Into Production New Oil Field in South China Sea

Apr 14, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream Wenchang 9-7 oil field development in the western Pearl River Mouth Basin in South China Sea.The main production facility is a new drilling and production platform…

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

Apr 11, 2025

Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has submitted environmental impact drafts for the drilling of Chuditch-2 appraisal well off Timor-Leste for public consultation.Sunda Energy…

Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

Apr 10, 2025

Pakistan's Oil and Gas Development Company Limited (OGDC) expects to start production in Abu Dhabi's Offshore Block-5 by 2027, while also increasing domestic oil and gas output and diversifying into minerals, its CEO said on Wednesday.OGDCL…

Petrovietnam, Petronas Extend PSC for Offshore Block

Apr 09, 2025

Vietnam's state oil firm Petrovietnam and Malaysia's Petronas signed a deal to extend their long-standing Production Sharing Contract for an offshore oil block that overlaps a maritime boundary between the two countries, Petrovietnam said on Wednesday…

Sapura Energy Scoops Close to $9M for O&M Work off Malaysia

Apr 09, 2025

Malaysia-based offshore services firm Sapura Energy, through its wholly owned subsidiary Sapura Fabrication, has secured a contract for maintenance, construction, and modification services for offshore facilities in Malaysia, worth $8.9 million…

Hanwha Ocean Marks Entry into Deepwater Drilling Market with First Drillship

Apr 08, 2025

Hanwha Ocean has held a naming ceremony for its high specification ultra-deepwater drillship Tidal Action, signaling its official entry into the deepwater drilling industry.The Tidal Action is built on Hanwha Ocean’s proprietary design and is…

Borr Drilling Bags Three New Assignments for its Jack-Up Drilling Rigs

Apr 08, 2025

Offshore drilling contractor Borr Drilling has secured new contract commitments for three of its premium jack-up rigs, with other rigs in its fleet also preparing for drilling jobs across the world.Borr Drilling secured new contract awards for the rigs Thor…

Current News

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Indonesia Awards Oil and Gas Blocks to Boost Reserves

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