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Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Oct 21, 2025

U.K.-based Pharos Energy, an independent energy company with assets in Vietnam and Egypt, has started a six-well drilling campaign offshore Vietnam designed to lift production from two of its existing fields and open new development opportunities.The fully funded program, with total capital expenditure of around $36 million, will run through mid-2026 and target both the Te Giac Trang (TGT) and Ca Ngu Vang (CNV) fields…

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

13 hours ago

Malaysia’s state energy firm Petronas has signed a memorandum of understanding (MoU) with Oman’s OQ Exploration and Production New Ventures (OQEP) to jointly explore oil and gas opportunities across the Middle East and Southeast Asia.The agreement…

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

Oct 21, 2025

Viridien, in partnership with Malaysia Petroleum Management (MPM), a unit of Petronas, is finalizing an integrated geological study aimed at uncovering new exploration opportunities in the underexplored Langkasuka Basin in the Malacca Strait…

US Pressure on India Could Propel Russia's Shadow Oil Exports

Oct 20, 2025

Donald Trump is putting more pressure on India to slash its Russian oil purchases. This could deprive Moscow of vital revenue, but it will mostly just push more Russian oil into an increasingly large shadow market.The U.S. president said on…

Energy Drilling’s EDrill-2 Rig Starts Ops for PTTEP in Gulf of Thailand

Oct 20, 2025

The tender-assist drilling rig EDrill-2, owned by its SED Energy Holdings’ subsidiary Energy Drilling, has started operations for PTT Exploration and Production Public Company (PTTEP) in the Gulf of Thailand.EDrill-2 mobilized to the Gulf of Thailand…

ABL Secures Rig Moving Assignment with India's ONGC

Oct 15, 2025

ABL has been appointed through United India Insurance (UIIC) to oversee India’s Oil and Natural Gas Corporation (ONGC) rig moves between September 2025 and May 2026.Under the contract, ABL will act as marine warranty surveyor for an anticipated 25 ONGC rig moves…

Pakistan, Türkiye Deepen Oil and Gas Ties with Offshore Indus-C Block Deal

Oct 15, 2025

Pakistan’s state-owned Oil and Gas Development Company (OGDCL) has agreed to acquire a 20% interest in the Eastern Offshore Indus-C Block, joining forces with Pakistan Petroleum Limited (PPL), Turkish Petroleum Overseas Company (TPOC), part of Türkiye’s TPAO…

Eni-Petronas Gas Joint Venture Up for Launch in 2026

Oct 13, 2025

Eni is aiming to get its gas joint venture with Malaysia's Petronas up and running some time next year, Guido Brusco, the Italian oil major's global natural resources chief operating officer, said on Monday.Both firms announced earlier this…

Vietsovpetro Brings BK-24 Oil Platform Online Two Months Early

Oct 13, 2025

Vietsovpetro, the Vietnamese-Russian joint venture, has started commercial oil production from its BK-24 wellhead platform at the Bach Ho (White Tiger) oil field, more than two months ahead of schedule.On October 11, 2025, Vietsovpetro achieved…

Shell’s Brazil-Bound FPSO Starts Taking Shape

Oct 06, 2025

MODEC has held a steel strike ceremony for the part of Gato do Mato floating production, storage and offloading (FPSO) unit, which will be deployed at Shell’s field offshore Brazil.The ceremony was held at the COSCO Qidong Shipyard, marking…

Ventura Offshore’s Semi-Sub Rig to Keep Drilling for Eni in Asia

Oct 03, 2025

Eni has exercised an option to keep a semi-submersible rig from Ventura Offshore Midco, a subsidiary of Brazilian offshore drilling contractor Ventura Offshore, operational offshore Indonesia.This is the second of four optional wells exercised…

SBM Offshore, SLB to Optimize FPSO Performance Using AI

Oct 03, 2025

SLB, a global energy technology company, and SBM Offshore, a Floating Production Storage and Offloading (FPSO) solutions specialist, have signed an agreement to enter into an exclusive digital alliance to optimize the performance of offshore production systems…

MODEC Ramps Up Hammerhead FPSO Work After ExxonMobil's Go-Ahead

Sep 30, 2025

MODEC has been awarded the full engineering, procurement, construction, and installation (EPCI) scope to develop a floating production, storage and offloading (FPSO) vessel for the Hammerhead project in Guyana following a final investment decision (FID) by ExxonMobil…

Timor Gap Boosts Stake in Finder Energy’s Timor-Leste Oil Fields

Sep 26, 2025

Finder Energy has executed a binding farm-in agreement with joint venture partner Timor Gap to increase the Timor-Leste state oil company’s stake in Production Sharing Contract (PSC) 19-11, entailing the Kuda Tasi & Jahal (KTJ) fields development project…

SBM Offshore Starts Construction of FSO for Trion Oil Field off Mexico

Sep 25, 2025

Dutch-based SBM Offshore has cut the first steel for Chalchi floating storage and offloading (FSO) at COSCO Shipyard in China, marking the start of construction of the unit bound for deployment at Trion deepwater oil field, offshore Mexico.The FSO’s name…

Current News

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

US Pressure on India Could Propel Russia's Shadow Oil Exports

US Pressure on India Could Propel Russia's Shadow Oil Exports

Energy Drilling’s EDrill-2 Rig Starts Ops for PTTEP in Gulf of Thailand

Energy Drilling’s EDrill-2 Rig Starts Ops for PTTEP in Gulf of Thailand

RINA Wins FEED Contract for Petronas’ Flagship CCS Project in Malaysia

RINA Wins FEED Contract for Petronas’ Flagship CCS Project in Malaysia

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