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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…

Production Restart at Australian Offshore Fields Boosts Jadestone's Oil Output

11 hours ago

Jadestone Energy's oil and gas production has risen to approximately 19,000 barrels of oil equivalent per day (boepd) following the restart of the Cossack, Wanaea, Lambert and Hermes (CWLH) oil fields offshore Western Australia.Production resumed…

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…

Indonesia's Jangkrik FPU Set for Major Gas Output Boost

Oct 23, 2026

Indonesia boosted gas supplies to the Jangkrik Floating Production Unit (FPU) in the Kutai Basin on Thursday, with production expected to increase to 750 million standard cubic feet per day (mmscfd) by November.Energy minister Bahlil Lahadalia…

Murphy Oil Finds More Oil Offshore Vietnam, Côte d'Ivoire

Oct 13, 2026

Murphy Oil Corporation has reported a successful appraisal well offshore Côte d'Ivoire and an oil discovery offshore Vietnam, alongside the start of production from two offshore developments in Vietnam and the Gulf of America.In Côte d'Ivoire…

Indonesia Picks Winners for Six Oil and Gas Blocks, Puts Eight More on Offer

Sep 18, 2026

Indonesia has awarded six oil and gas working areas to companies including Eni and Sinopec and opened a second 2026 tender round covering eight more areas as it seeks to expand upstream exploration.Eni Indonesia Limited was selected for the Sapukala working area…

PTTEP, Petronas Ink 35-Year Malaysia-Thailand Gas Deals

Aug 28, 2026

Thailand’s state-backed energy firm PTT Exploration and Production (PTTEP) subsidiaries and Petronas Carigali's PC JDA have signed a 35-year production sharing contract for Block A-18-01 in the Malaysia-Thailand Joint Development Area, allowing the partners to continue petroleum exploration…

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

Aug 26, 2026

BP has completed a planned maintenance program on the Central Azeri platform in Azerbaijan's Azeri-Chirag-Deepwater Gunashli (ACG) field ahead of schedule.The turnaround began on August 19 and was originally scheduled to last 11 days. BP said…

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Aug 07, 2026

Bohai Phase 5 has entered full operation at the Penglai oil field offshore China, expanding production infrastructure through a project delivered by ConocoPhillips and operator CNOOC.The development adds two new wellhead platforms, four platform…

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Jul 22, 2026

Energean has commissioned the second oil train on its Energean Power floating production, storage and offloading (FPSO) vessel, increasing liquids processing capacity by 72% to 31,000 barrels per day at the Karish and Karish North fields offshore Israel…

Jadestone Energy Lifts Malaysia Production with Second Online Well

Jul 20, 2026

Jadestone Energy has brought the second well in its 2026 Malaysia infill drilling campaign onstream at 2,800 barrels of oil per day (bpd), extending the program that has increased production from the East Belumut field by more than 150%, or about 6…

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

Jul 10, 2026

London-listed independent energy company EnQuest has cleared a key hurdle in its proposed $833 million acquisition of interests in four offshore production sharing contracts in Malaysia after existing partners waived their pre-emption rights over one of the three transaction packages…

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Jun 25, 2026

Faced with declining production post-2030, across Sub-Saharan Africa (SSA), the Majors have started the process of reloading exploration hoppers. Targeting predominantly deep and ultra-deep waters, they have signed numerous agreements aimed…

Kuwait Sees 70% Oil Output Recovery within Two Months of Hormuz Reopening

Jun 04, 2026

Kuwait could restore nearly 70% of its oil production within six to eight weeks after the Strait of Hormuz reopens, Kuwait Petroleum Corporation's managing director for international marketing, Shaikh Khaled Ahmad Al-Sabah, said on Wednesday…

Indonesia Targets Higher Oil and Gas Output in 2027

Jun 03, 2026

Indonesia's upstream oil and gas regulator SKK Migas told a parliamentary hearing on Wednesday that it will aim to lift 612,500 barrels of oil per day (bpd) and 5,469 million standard cubic feet per day (mmscfd) of gas next year.Indonesia's…

Current News

Baker Hughes Sets Up Global Network to Bolster Mature Oil and Gas Fields Production

Baker Hughes Sets Up Global Network to Bolster Mature Oil and Gas Fields Production

Valaris Secures $600M in New Contracts as Backlog Rises to $4.8B

Valaris Secures $600M in New Contracts as Backlog Rises to $4.8B

Production Restart at Australian Offshore Fields Boosts Jadestone's Oil Output

Production Restart at Australian Offshore Fields Boosts Jadestone's Oil Output

Aramco Targets Hormuz Bypass with East-West Pipeline Expansion

Aramco Targets Hormuz Bypass with East-West Pipeline Expansion

ADES Lands New Offshore Drilling Rig Deals in Angola and Indonesia

ADES Lands New Offshore Drilling Rig Deals in Angola and Indonesia

Shell to Exit Australia's North West Shelf Project in $1.45B Deal with XRG

Shell to Exit Australia's North West Shelf Project in $1.45B Deal with XRG

Aramco Third Quarter Profit Up 35% Despite War Disruptions

Aramco Third Quarter Profit Up 35% Despite War Disruptions

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