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BP, ONGC, Reliance Industries Ink Deal for Offshore Exploration in India

Jul 30, 2025

India’s Oil and Natural Gas Corporation (ONGC), BP Exploration (Alpha), and Reliance Industries (RIL) have signed a joint operating agreement (JOA) to explore offshore Block GS-OSHP-2022/2 in India’s Saurashtra Basin.The agreement, formalized at ONGC’s headquarters in New Delhi on July 28, 2025, follows the consortium's successful bid for the block under the government’s Open Acreage Licensing Policy (OALP) Bid Round-IX…

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Aug 08, 2025

Cheniere Energy, through Cheniere Marketing, and JERA have signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA), running until 2050.Under the SPA, JERA has agreed to purchase approximately 1.0 million tonnes per annum…

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

Jul 28, 2025

Yinson Production, via its joint venture PTSC South East Asia (PTSC SEA), has secured a lease and operate contract for a new floating storage and offloading (FSO) unit for Vietnam’s offshore Block B gas development.The contract was awarded by Phu Quoc Petroleum Operating Company (PQPOC)…

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Jul 25, 2025

Canada-based oil and gas company Valeura Energy has signed a farm-in agreement with Thailand’s state-backed PTTEP to acquire a 40% interest in offshore Blocks G1/65 and G3/65 in the Gulf of Thailand, marking a major expansion of its regional footprint…

China Starts Production at Major Oil Field in Bohai Sea

Jul 22, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought online the Kenli 10-2 oil field (Phase I), the largest shallow lithological oil field offshore China.The project is located in southern Bohai Sea…

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

Jul 21, 2025

Dutch offshore contractor Marine Masters has completed its offshore scope for the decommissioning of the South Angsi Alpha (SAA) platform, operated by Hibiscus Oil & Gas Malaysia, marking a major milestone in the repurposing of retired offshore infrastructure…

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

Jul 16, 2025

U.K.-based oil firm EnQuest has been awarded a Production Sharing Contract (PSC) for Block C, offshore Brunei, by the Petroleum Authority of Brunei Darussalam (PABD).EnQuest EP BV, a subsidiary of EnQuest, will initially be the sole operator of the PSA with the intention to subsequently…

KBR-SOCAR Joint Venture Secures Work for BP in Azerbaijan

Jul 15, 2025

KBR and SOCAR, through their joint venture SOCAR-KBR, have been awarded two contracts by BP in Azerbaijan - one to support the Sangachal Terminal Electrification (STEL) project, Azerbaijan’s largest oil and gas reception terminal, and another for the Shah Deniz compression (SDC) gas field project…

Baker Hughes, Petronas Team Up for Asia-Pacific Energy Resilience

Jul 14, 2025

Energy technology company Baker Hughes and Malaysia’s state-run energy giant Petronas have signed a memorandum of understanding (MoU) on a strategic partnership to explore business initiatives that have the potential to support the delivery of Asia’s energy expansion and transition…

Woodside Finds South Korean Partners to Advance LNG Value Chain

Jul 09, 2025

Woodside Energy has signed a non-binding memorandum of understanding (MoU) with Hyundai Engineering and Hyundai Glovis, establishing a strategic framework to collaborate on liquefied natural gas (LNG) project development, engineering services and shipping logistics…

Current News

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

Sapura Energy Rebrands to Vantris Energy

Sapura Energy Rebrands to Vantris Energy

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