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Valeura Boosts Production at Jasmine Field with Five New Wells Now Onstream

Nov 27, 2024

Canada-based oil and gas company Valeura Energy has completed an infill drilling campaign at the Jasmine field in the Gulf of Thailand, increasing the production at the field for 26% with five new wells coming onstream.Valeura drilled a five well program, comprised of two infill development wells on the Jasmine A platform, completed in September 2024 and previously announced, and more recently, three infill development wells on the Jasmine D platform…

Harbour Energy, Mubadala Sign Deals for Central Andaman Block Off Indonesia

Dec 03, 2024

Indonesia has signed a contract with units of Harbour Energy and Mubadala Energy for the development of a Central Andaman oil and gas block, the energy ministry said in a statement on Tuesday.The contract was signed under a new gross split scheme…

CNOOC Brings Bohai Sea Oil Field On Stream

Dec 03, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at its Jinzhou 23-2 oil field development project in Bohai Sea.The project is located in the northern part of the Bohai Sea, with an average water depth of approximately 13 meters…

QatarEnergy Signs Deal with Shell for Long-Term LNG Supply to China

Dec 02, 2024

QatarEnergy and Shell have entered into a new long-term sale and purchase agreement (SPA) for the supply of three million tons per annum (MTPA) of liquefied natural gas (LNG) to China.LNG deliveries under the SPA will start in January 2025,…

Yinson and PetroVietnam JV Get FSO Contract for Vietnamese Field

Dec 02, 2024

PTSC Asia Pacific, a joint venture between Yinson Production and PetroVietnam Technical Services Corporation (PTSC), has secured a contract for the provision, charter, operation and maintenance of the floating storage and offloading (FSO) vessel for the Lac Da Vang project offshore Vietnam…

Saipem Gets $1B Job at BP’s Indonesian Gas and CCUS Project

Nov 27, 2024

Italian offshore energy services firm Saipem, in consortium with PT Meindo Elang Indah, has secured engineering, procurement, construction and installation (EPCI) contract from BP for its integrated gas recovery and carbon capture, utilization and storage (CCUS) project in Indonesia…

Seatrium and Cochin Shipyard Form Alliance to Deliver India’s Jack-Up Rigs

Nov 26, 2024

Seatrium Letourneau USA and Cochin Shipyard Limited (CSL) have entered into a memorandum of understanding (MoU) to jointly design and supply critical equipment for jack-up rigs for the Indian market.Leveraging CSL’s extensive experience in ship…

Velesto Completes Removal of Wrecked Naga 7 Jack-Up Rig Off Malaysia

Nov 22, 2024

Malaysia’s oil and gas services firm Velesto has completed the wreck removal of the its Naga 7 jack-up rig, which submerged off the coast of Sarawak in Malaysia in 2021.The removal operations, except for the earlier removed helideck, were carried out by the contractor…

BP Greenlights $7B CCUS Scheme Tied to Indonesia LNG Facility

Nov 22, 2024

BP and its partners have reached a final investment decision for a $7 billion Tangguh Ubadari carbon capture, utilization and storage (CCUS) project, which has the potential to unlock around 3 trillion cubic feet of additional gas resources in Indonesia to help meet growing energy demand in Asia…

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

Nov 20, 2024

Malaysia-based offshore services firm Sapura Energy, through its wholly owned subsidiary Sapura Fabrication, has secured a contract from Petrobras for offshore maintenance, construction, modification and hook-up and commissioning services for the Sarawak asset…

Velesto’s Drilling Rigs Up for Automatization Overhaul Under New Tech Alliance

Nov 20, 2024

Malaysia-based Velesto Energy has signed a memorandum of understanding (MoU) with Petronas and National Oilwell Varco (NOV) to implement rig mechanized automation processes and integrate robotics into drilling operations.The MoU aims to establish…

US Firm Finds Chinese Partner to Deliver Mobile Offshore Drilling Units

Nov 20, 2024

Houston-based designer of mobile offshore drilling units Friede & Goldman (F&G) has signed a strategic cooperation agreement with Dalian Shipbuilding Offshore (DSOC) to deliver latest semi-submersible units, specifically tailored to meet the criteria for operations in Chinese waters…

TotalEnergies and Oil India to Jointly Tackle Methane Emissions Issues

Nov 19, 2024

TotalEnergies and Oil India Limited (OIL) have signed a cooperation agreement to carry out methane emissions detection and measurement campaigns using TotalEnergies’ AUSEA technology at OIL sites in India.Mounted on a drone, the AUSEA gas analyzer…

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Nov 19, 2024

On the back of improving conditions in the offshore rig market, Singaporean asset manager and operator Keppel has set out to secure control over 13 legacy rigs held by Rigco Holding (Asset C) as part of its plan to accelerate monetization of rigs without re-entering the offshore market…

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Nov 15, 2024

Seatrium has delivered its fifth newbuild jack-up rig Var to Borr Drilling, nearly one year ahead of schedule.The successful delivery of Var marks the completion of the latest series of five B Class jack-up rigs that Seatrium has built for Borr Drilling…

Current News

Harbour Energy, Mubadala Sign Deals for Central Andaman Block Off Indonesia

Harbour Energy, Mubadala Sign Deals for Central Andaman Block Off Indonesia

CNOOC Brings Bohai Sea Oil Field On Stream

CNOOC Brings Bohai Sea Oil Field On Stream

TVO Selects Collins to Head Australian Ops

TVO Selects Collins to Head Australian Ops

QatarEnergy Signs Deal with Shell for Long-Term LNG Supply to China

QatarEnergy Signs Deal with Shell for Long-Term LNG Supply to China

Yinson and PetroVietnam JV Get FSO Contract for Vietnamese Field

Yinson and PetroVietnam JV Get FSO Contract for Vietnamese Field

Valeura Boosts Production at Jasmine Field with Five New Wells Now Onstream

Valeura Boosts Production at Jasmine Field with Five New Wells Now Onstream

Saipem Gets $1B Job at BP’s Indonesian Gas and CCUS Project

Saipem Gets $1B Job at BP’s Indonesian Gas and CCUS Project

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