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Iran Set to Keep Hormuz Shut Until Seven Demands Are Met

Oct 05, 2026

The Strait of Hormuz will not reopen until seven Iranian conditions set out in a June interim agreement with the US are met, state media reported Iran's parliament speaker Mohammad Baqer Qalibaf as saying on Sunday.Iran presented a proposal…

LNG Flows Through Hormuz Hit Seven-Month High

Oct 02, 2026

The number of liquefied natural gas cargoes exiting the Strait of Hormuz rose in September to its highest monthly level since the US-Israeli war on Iran began, data from analytics firms show, despite persistent security worries and uncertainty…

Inpex Buys Into Two BP-Operated Indonesian Offshore Blocks

Oct 01, 2026

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…

TGS to Reprocesses Seismic Data for Petronas’ Megah Discovery

Oct 01, 2026

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, PETROS to Develop Kuching LNG Terminal in Malaysia

Oct 01, 2026

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)…

Thailand-Malaysia Gas Pipeline Temporarily Shut Over Inspection Issue

Oct 01, 2026

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 Secures APAC Drilling Support Work for AHTS Pair

Sep 30, 2026

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 Unit to Deliver Offshore Structures for Shell’s Malaysian Fields

Sep 30, 2026

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 Resumes Action to Collect $5.2B Kashagan Field Fine

Sep 30, 2026

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…

SBM Offshore Taps Chinese Contractor for FPSO Topside Modules

Sep 29, 2026

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…

Arabian Drilling Inks $533M Deal for Four Jack-Up Drilling Rigs

Sep 29, 2026

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…

Qatar-Linked LNG Tankers Resume Hormuz Transits

Sep 28, 2026

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 Clears Environmental Hurdle for Timor-Leste Oil Project

Sep 28, 2026

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, XRG Greenlight Absheron Field Expansion in Caspian Sea

Sep 28, 2026

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 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…

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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