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Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan

Jul 29, 2025

The 50-50 consortium between Allseas and Boskalis has been awarded a large contract by CPC Corporation Taiwan for the second offshore gas pipeline from Yongan to Tongxiao (YT2) in Taiwan.Under the contract, the consortium will design, construct…

CNOOC Brings New Offshore Gas Field On Stream

Jul 29, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at a new gas field, located in the Yinggehai Basin, offshore China.The dongfang 1-1 gas field 13-3 Block development project is the first high-temperature…

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

Jul 28, 2025

Yinson Production, via its joint venture PTSC South East Asia (PTSC SEA), has secured a lease and operate contract for a new floating storage and offloading (FSO) unit for Vietnam’s offshore Block B gas development.The contract was awarded by Phu Quoc Petroleum Operating Company (PQPOC)…

PTTEP Buys Chevron's Hess Unit Share of Southeast Asia’s Offshore Block for $450M

Jul 25, 2025

Thailand’s state-backed energy firm PTT Exploration and Production (PTTEP) has acquired 50% of Block A-18 in the Malaysia–Thailand Joint Development Area (MTJDA) through a $450 million deal with Chevron's subsidiaries.The transaction, completed on July 25…

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Jul 25, 2025

Canada-based oil and gas company Valeura Energy has signed a farm-in agreement with Thailand’s state-backed PTTEP to acquire a 40% interest in offshore Blocks G1/65 and G3/65 in the Gulf of Thailand, marking a major expansion of its regional footprint…

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Jul 25, 2025

Malaysia-based offshore services firm Sapura Energy has secured two contracts from its long-term clients Chevron and PTT Exploration and Production Public Company (PTTEP) for offshore work in Thailand, worth over $118 million.The contracts were…

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

Jul 22, 2025

Norwegian oil and gas company Pandion Energy has entered into an agreement to sell its participating interests in three assets comprising seven production licenses on the Norwegian Continental Shelf (NCS) to Inpex Idemitsu Norge, owned by Japan’s Inpex…

China Starts Production at Major Oil Field in Bohai Sea

Jul 22, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought online the Kenli 10-2 oil field (Phase I), the largest shallow lithological oil field offshore China.The project is located in southern Bohai Sea…

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

Jul 21, 2025

Dutch offshore contractor Marine Masters has completed its offshore scope for the decommissioning of the South Angsi Alpha (SAA) platform, operated by Hibiscus Oil & Gas Malaysia, marking a major milestone in the repurposing of retired offshore infrastructure…

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

Jul 17, 2025

SBM Offshore’s Jaguar floating production, storage and offloading (FPSO) unit, bound for deployment at ExxonMobil’s field off Guyana, has entered the drydock at Seatrium yard in Singapore.The drydocking represents a major new forward in the delivery of the FPSO…

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

Jul 16, 2025

U.K.-based oil firm EnQuest has been awarded a Production Sharing Contract (PSC) for Block C, offshore Brunei, by the Petroleum Authority of Brunei Darussalam (PABD).EnQuest EP BV, a subsidiary of EnQuest, will initially be the sole operator of the PSA with the intention to subsequently…

CNOOC Finds Oil and Gas in South China Sea

Jul 16, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a ‘major breakthrough’ in the exploration of metamorphic buried hills in the deep plays in the South China Sea for the first time, as it makes an oil and gas find in Beibu Gulf…

Seatrium Makes First Turnkey FPSO Delivery to Petrobras

Jul 15, 2025

Seatrium has announced the impending delivery of Petrobras 78 (P-78), the first of a series of turnkey floating production, storage and offloading (FPSO) units to Petrobras.The sailaway ceremony took place two weeks ago at Seatrium’s Singapore yard…

KBR-SOCAR Joint Venture Secures Work for BP in Azerbaijan

Jul 15, 2025

KBR and SOCAR, through their joint venture SOCAR-KBR, have been awarded two contracts by BP in Azerbaijan - one to support the Sangachal Terminal Electrification (STEL) project, Azerbaijan’s largest oil and gas reception terminal, and another for the Shah Deniz compression (SDC) gas field project…

Baker Hughes, Petronas Team Up for Asia-Pacific Energy Resilience

Jul 14, 2025

Energy technology company Baker Hughes and Malaysia’s state-run energy giant Petronas have signed a memorandum of understanding (MoU) on a strategic partnership to explore business initiatives that have the potential to support the delivery of Asia’s energy expansion and transition…

Current News

Seatrium Maintains $12.8B Order Book on Renewables and FPSO Progress

Seatrium Maintains $12.8B Order Book on Renewables and FPSO Progress

Petrobras’ New FPSO Sets Sail From South Korea to Brazil's Santos Basin

Petrobras’ New FPSO Sets Sail From South Korea to Brazil's Santos Basin

Eneos Warns on Skyrocketing Costs fo Offshore Wind

Eneos Warns on Skyrocketing Costs fo Offshore Wind

Mooreast to Assess Feasibility of Floating Renewables Push in Timor-Leste

Mooreast to Assess Feasibility of Floating Renewables Push in Timor-Leste

Malaysia Issues First Offshore CCS Permit to Petronas Subsidiary

Malaysia Issues First Offshore CCS Permit to Petronas Subsidiary

Sponsored: Record Deals and Record Attendance Underscore ADIPEC’s Global Impact

Sponsored: Record Deals and Record Attendance Underscore ADIPEC’s Global Impact

Sponsored: Energy and Finance Chiefs Call for Sound Policy, Stable Frameworks at ADIPEC

Sponsored: Energy and Finance Chiefs Call for Sound Policy, Stable Frameworks at ADIPEC

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