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South Korean Firm Buys Into Indonesian Offshore Oil Block

Dec 26, 2025

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…

Current News

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

JERA Lifts First LNG Cargo From Barossa Gas Project in Australia

JERA Lifts First LNG Cargo From Barossa Gas Project in Australia

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration

Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration

ADNOC Gas Signs $3B LNG Supply Deal with India’s HPCL

ADNOC Gas Signs $3B LNG Supply Deal with India’s HPCL

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