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Murphy Oil Appraisal Well Boosts Resource Outlook at Field off Vietnam

Jan 07, 2026

Murphy Oil Corporation has drilled an appraisal well at the Hai Su Vang oil field offshore Vietnam, confirming a larger hydrocarbon column and strengthening the field’s recoverable resource potential.The Hai Su Vang-2X appraisal well was drilled in Block 15-2/17 in the Cuu Long Basin, about 40 miles offshore Vietnam, following the 2025 discovery at the field. The well was spudded in early October and encountered 429 feet of net oil pay across two reservoirs…

Fugro, PTSC G&S Extend Partnership for Vietnam's Offshore Wind Push

2 hours ago

Fugro has extended its partnership with PTSC Geos and Subsea Services (PTSC G&S) to provide marine site characterization services in Vietnam, supporting rising demand from both the oil and gas sector and the country’s growing offshore wind industry…

Thailand's Gulf Energy Eyes Long-Term LNG Supply

Jan 13, 2026

Thailand's Gulf Energy has issued a tender seeking four to six cargoes a year of liquefied natural gas (LNG) over a 10-year period, said two industry sources on Tuesday.It is seeking the cargoes for delivery from 2028, in a tender that closes on January 19…

OceanMight Gets Petronas’ Offshore Construction Job in Malaysia

Jan 12, 2026

OceanMight, a subsidiary of KKB Engineering, has secured a contract from Petronas for construction services at greenfield development project offshore Malaysia.The letter of award signed by the companies is for the provision of minor engineering…

Vantris Energy Lands Petronas Job on Malaysia’s Offshore Fields

Jan 07, 2026

Vantris Energy Berhad said it has been awarded offshore transportation and installation work orders in Malaysia by Petronas Carigali under existing long-term contracts.The awards were secured by Sapura Offshore, an indirect wholly owned subsidiary of Vantris Energy…

Viridien Kicks Off Multi-Client Reimaging Program off Malaysia

Jan 07, 2026

French seismic firm Viridien has announced a new basin-scale reimaging program within the hydrocarbon-prolific Balingian-Luconia-Baram basins, in collaboration with Petronas, through Malaysia Petroleum Management.Viridien will leverage its imaging technologies to reimage 44…

Petrovietnam Agrees First-Ever LNG Term Deal with Shell

Jan 07, 2026

State-owned Petrovietnam Gas has awarded its first-ever term supply tender seeking liquefied natural gas (LNG) to energy major Shell, which will deliver the super-chilled fuel to Vietnam from 2027 to 2031.The five-year supply deal will see Shell deliver about 400…

ADNOC Takes FID on SARB Deep Gas Project Offshore Abu Dhabi

Jan 07, 2026

Abu Dhabi National Oil Company (ADNOC) has taken a final investment decision on the SARB Deep Gas Development, a strategic offshore gas project within the Ghasha Concession, offshore United Arab Emirates.The project is expected to deliver up…

Jereh Group Delivers Oil Separation Systems for Petrobras’ FPSO Units

Jan 06, 2026

Chinese multinational oilfield equipment and services provider Jereh Group has delivered slop treatment units and oil purifiers to CIMC Raffles for Petrobras’ P84 and P85 floating production storage and offloading (FPSO) units, bound for deployment at the Atapu and Sépia fields…

Saipem Lands $425M Turkish Gas Contract in Sakarya Expansion

Dec 31, 2025

Italy's Saipem has been awarded a new offshore contract worth approximately $425 million by Turkish Petroleum OTC for additional work on the third phase of the Sakarya gas field development in the Turkish sector of the Black Sea.The contract includes engineering…

India Seeks $30B from Reliance, BP Over Gas Shortfall at Offshore Fields

Dec 29, 2025

India is seeking over $30 billion in compensation from Reliance Industries and BP in an arbitration case for gas it says the companies failed to produce from offshore fields, according to three people with knowledge of the matter.A tribunal…

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

Dec 26, 2025

Vietnam’s PV Drilling has informed that its jack-up rig PV DRILLING IX arrived to Vietnam, after completing a two-month transport voyage from Europe, marking a key milestone ahead of its planned return to drilling operations in 2026.The rig reached Vung Tau on December 25…

South Korean Firm Buys Into Indonesian Offshore Oil Block

Dec 26, 2025

SK Earthon, the energy resource development unit of SK Innovation, has acquired a 34% stake in the North Ketapang exploration block offshore Indonesia, expanding its upstream presence in Southeast Asia.The stake was acquired from Petronas North Ketapang…

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

Dec 26, 2025

Malaysia’s state energy firm Petronas has signed a liquefied natural gas (LNG) supply agreement with a trading arm of China National Offshore Oil Company (CNOOC), reinforcing its position in the Asian LNG market.Petronas, through its unit Petronas LNG…

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

Dec 26, 2025

Russian President Vladimir Putin has extended by one year the deadline for the sale of U.S. oil major ExxonMobil's stake in the Sakhalin-1 oil and gas project until January 1, 2027, according to a decree published on Wednesday.The extension…

Current News

Fugro, PTSC G&S Extend Partnership for Vietnam's Offshore Wind Push

Fugro, PTSC G&S Extend Partnership for Vietnam's Offshore Wind Push

Thailand's Gulf Energy Eyes Long-Term LNG Supply

Thailand's Gulf Energy Eyes Long-Term LNG Supply

OceanMight Gets Petronas’ Offshore Construction Job in Malaysia

OceanMight Gets Petronas’ Offshore Construction Job in Malaysia

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

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