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Eni, Petronas JV Brings Indonesian Offshore Gas Field Online

Nov 02, 2026

Searah, the joint venture between Eni and Petronas, has started gas production from the Maha field offshore Indonesia, with output expected to ramp up to 230 million standard cubic feet per day (MMSCFD).Located in the West Ganal block in the Kutei Basin, approximately 100 kilometers offshore Balikpapan, the deepwater gas field began production just 21 months after the final investment decision.The development comprises two subsea production wells in water depths of approximately 1…

CNOOC Set to Restore Production at Major South China Sea Gas Field

Nov 02, 2026

China's CNOOC plans to resume production at its deep-sea gas field Lingshui 17-2 in the South China Sea in the fourth quarter following an accident earlier in the year, a company executive said during an earnings call on Friday.The incident…

Big Oil Pockets Near-Record Profits but Spending Restraint Signals Long-Term Doubts

Nov 02, 2026

Big Oil is reaping near record cash windfalls from the eight-month-old Iran war, but Western energy producers’ reluctance to ramp up spending reveals persistent doubts about the industry’s long-term outlook.BP, Chevron, Exxon Mobil, Shell and…

TotalEnergies to Take Operatorship of Two Major Gas Fields off Malaysia

Nov 02, 2026

TotalEnergies has signed agreements to acquire a 30% operated interest in the Lang Lebah and B14 gas fields offshore Malaysia, paving the way for an integrated development expected to unlock more than 6.5 trillion cubic feet of gas resources…

CNOOC Starts Up Nine Oil and Gas Projects as Production Hits Record

Oct 30, 2026

Chinese offshore oil and gas major CNOOC has brought nine new oil and gas projects into production in the first nine months of 2026, lifting its net output by 2.7% year-on-year to a record 593.7 million barrels of oil equivalent (boe) for the period…

Woodside Exit Sends East Timor Searching for Greater Sunrise Partner

Oct 29, 2026

East Timor is seeking a new operator for its vast Greater Sunrise gas fields, an adviser to the project said, after Woodside Energy's move this week to exit its 33% stake is set to leave it without a partner.East Timor will pay $200 million for Woodside's stake…

QatarEnergy Signs Supply Deal for LNG from Woodside's Louisiana Project

Oct 29, 2026

Woodside Energy has signed a 20-year agreement to supply QatarEnergy with up to 3 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from its Louisiana LNG project in the United States, with deliveries expected to begin in 2030.The…

Strohm Nets Ultra-Deepwater Supply Deal for Southeast Asia’s Gas Scheme

Oct 28, 2026

Thermoplastic composite pipe (TCP) manufacturer Strohm has secured a contract to supply four gas production jumpers for an ultra-deepwater field in Southeast Asia, with installation planned at water depths exceeding 2,200 meters.The contract covers four carbon fibre PA12 TCP jumpers…

Damaged Tanker Leaks Oil Across UAE Waters as Spill Widens

Oct 28, 2026

An oil spill from a damaged tanker off the coast of the United Arab Emirates has widened, satellite images showed, triggering more beach closures and raising environmental concerns.Images from the European Union's Copernicus satellite observation…

Energy Drilling Lands $87M Drilling Job Offshore Malaysia

Oct 27, 2026

Energy Drilling, a wholly owned subsidiary of SED Energy Holdings, has received a letter of award from Carigali-PTTEPI Operating Company (CPOC) for a 30-month offshore drilling campaign in Malaysia, with an estimated firm contract value of $87 million…

Inpex Moves $21B Indonesian LNG Project Closer to Investment Decision

Oct 27, 2026

Japanese explorer Inpex has completed the planning and engineering phase of its Abadi LNG project at Indonesia's Masela gas block, an official said on Tuesday, reaching a milestone in the Southeast Asian nation's biggest gas project.Inpex Masela…

Woodside Agrees to Sell Greater Sunrise Stake to TIMOR GAP for Up to $200M

Oct 27, 2026

Woodside Energy has agreed to sell its 33.44% participating interest in the Greater Sunrise gas project in the Timor Sea to Timor-Leste's national oil and gas company TIMOR GAP for up to $200 million, paving the way for the latter to consolidate ownership of the development…

Seatrium Inks $390M Deal to Complete Four Offshore Rigs for Keppel’s Rigco

Oct 26, 2026

Singapore's Seatrium has secured an agreement with Keppel's subsidiary RigCo to complete construction work on four offshore drilling rigs under an existing master services arrangement, with the total estimated contract value exceeding $390 million (S$500 million)…

Indonesia Cuts Singapore Pipeline Gas Flows by 9% to Meet Domestic Demand

Oct 26, 2026

Indonesia cut 31 million standard cubic feet of gas per day (mmscfd) from its pipeline natural gas exports to Singapore starting on Saturday to divert supply to the domestic power sector, upstream oil and gas regulator SKK Migas said.Indonesia…

Idemitsu Taps PV Drilling for Vietnam's Offshore Drilling Campaign

Oct 26, 2026

Vietnam's PV Drilling has secured a contract from Idemitsu Gas Production (Vietnam) to supply a jack-up drilling rig for an offshore exploration and appraisal campaign in the Nam Con Son Basin in 2027.Under the agreement, signed on October 16…

Current News

Eni, Petronas JV Brings Indonesian Offshore Gas Field Online

Eni, Petronas JV Brings Indonesian Offshore Gas Field Online

CNOOC Set to Restore Production at Major South China Sea Gas Field

CNOOC Set to Restore Production at Major South China Sea Gas Field

Big Oil Pockets Near-Record Profits but Spending Restraint Signals Long-Term Doubts

Big Oil Pockets Near-Record Profits but Spending Restraint Signals Long-Term Doubts

TotalEnergies to Take Operatorship of Two Major Gas Fields off Malaysia

TotalEnergies to Take Operatorship of Two Major Gas Fields off Malaysia

CNOOC Starts Up Nine Oil and Gas Projects as Production Hits Record

CNOOC Starts Up Nine Oil and Gas Projects as Production Hits Record

Woodside Exit Sends East Timor Searching for Greater Sunrise Partner

Woodside Exit Sends East Timor Searching for Greater Sunrise Partner

QatarEnergy Signs Supply Deal for LNG from Woodside's Louisiana Project

QatarEnergy Signs Supply Deal for LNG from Woodside's Louisiana Project

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