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

1 hour ago

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, after travelling 12,855.6 nautical miles, following its departure from Esbjerg in Denmark on October 30, 2025. It was moved via Rotterdam…

South Korean Firm Buys Into Indonesian Offshore Oil Block

2 hours ago

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…

Yinson Production Cuts First Steel for Vietnam-Bound FSO

Dec 24, 2025

Malaysia's Yinson Production has held a steel cutting ceremony for a floating storage and offloading (FSO) unit, bound for deployment at Block B gas field offshore Vietnam.The steel cutting ceremony, held on December 19, 2025, marked the construction start of the FSO Block B…

Venezuela Turns to Floating Oil Storage as Onshore Tanks Fill

Dec 23, 2025

Venezuela's state-run oil company PDVSA has started filling tankers with crude and fuel oil and keeping them in Venezuelan waters, as inventories have mounted due to the U.S. seizing Venezuela-linked ships at sea, according to company documents and shipping data…

Gulf Marine Hooks Multi-Year Jack-Up Vessels Charter in Europe

Dec 23, 2025

Gulf Marine Services (GMS), a provider of jack-up support vessels to the offshore energy industry, has secured a contract covering two of its large-class vessels in Europe.The contract spans a total of 1624 days and will see the vessels continue to support offshore operations across the region…

DOF Bags Two Deals in Asia-Pacific Region

Dec 23, 2025

Norwegian offshore vessel owner and subsea services provider DOF Group has secured two contracts for its vessels and services in the Asia-Pacific (APAC) region.DOF signed a three-year frame agreement for the provision of subsea inspection, maintenance…

Viridien Completes Reimaging of BM-S-2 Multi-Client Survey in Santos Basin

Dec 22, 2025

Viridien has successfully completed the BM-S-2 seismic reimaging project in the southern Santos Basin, delivering a modern, high-fidelity 3D dataset across 8,468 sq km to support growing exploration activity in one of the most strategic, emerging offshore regions of Brazil…

Shearwater Set to Start Multi-Client Survey Offshore Nigeria

Dec 22, 2025

Offshore seismic services firm Shearwater Geoservices has finalized the preparations for the upcoming start of a new multi-client seismic project offshore Nigeria.The 3D survey is backed by significant industry funding and will be executed in…

DOF Expands Backlog with Atlantic Awards, Shell IMR Deal

Dec 22, 2025

Norwegian offshore vessel owner and subsea services provider DOF Group has secured several new project awards in the Atlantic region and a separate contract in North America with Shell.The Atlantic region awards, amounting to over $60 million…

Indonesia Tenders Eight Oil and Gas Blocks as Output Declines

Dec 22, 2025

Indonesia announced a round of oil and gas block tenders on Monday, offering eight new blocks to contractors, an energy ministry document showed, amid efforts to increase energy reserves.Indonesia's oil and gas production has been on a downtrend in the past decade due to depleting reserves…

Israel Greenlights Major Natural Gas Deal with Egypt

Dec 18, 2025

Israel has approved a deal that will supply natural gas to Egypt, Israeli Prime Minister Benjamin Netanyahu said on Wednesday, describing it as the country's largest-ever gas deal.Israel signed the export agreement in August with Chevron and its partners…

Poland’s First Offshore Wind Auction as Test for Stalled European Market

Dec 17, 2025

Poland is launching its first competitive offshore wind auction on Wednesday, a test experts say could revive Europe's struggling sector as developers vie for long-term contracts after a string of failed tenders across the region.The auction…

Trump Targets Venezuelan Oil Exports with ‘Sanctioned’ Tankers Blockade

Dec 17, 2025

U.S. President Donald Trump ordered on Tuesday a 'blockade' of all sanctioned oil tankers entering and leaving Venezuela, in Washington's latest move to increase pressure on Nicolas Maduro's government, targeting its main source of income.It…

EnQuest Set to Top 2025 Production Forecast on Southeast Asia Gains

Dec 17, 2025

North Sea-focussed oil producer EnQuest said on Wednesday it expects to meet or exceed the upper end of its 2025 output forecast of 40,000–45,000 barrels of oil equivalent per day (boepd) as it steps up expansion in Southeast Asia.The company…

Seadrill Awarded Contract in the U.S. Gulf and Angola

Dec 15, 2025

Seadrill Limited has been awarded contracts for the West Neptune, Sevan Louisiana, and Sonangol Quenguela.In the U.S. Gulf, the West Neptune was awarded a contract with LLOG Exploration. The four-month program is expected to commence in direct continuation to the current contract…

Current News

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

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

South Korean Firm Buys Into Indonesian Offshore Oil Block

South Korean Firm Buys Into Indonesian Offshore Oil Block

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

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

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

Yinson Production Cuts First Steel for Vietnam-Bound FSO

Yinson Production Cuts First Steel for Vietnam-Bound FSO

CNOOC Makes Major Oil Discovery in Bohai Sea

CNOOC Makes Major Oil Discovery in Bohai Sea

DOF Bags Two Deals in Asia-Pacific Region

DOF Bags Two Deals in Asia-Pacific Region

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