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EnQuest Enters Indonesia with Operatorship PSCs for Two Exploration Blocks

Aug 26, 2025

EnQuest, together with its joint venture partners and the Government of Indonesia, has signed Production Sharing Contracts (PSCs) for the Gaea and Gaea II exploration blocks, located in Papua Barat, Indonesia.Under the PSC terms, EnQuest has a 40% participating interest in the blocks and is the PSC operator, alongside its partners, the Tangguh Joint Venture (40% participating interest, comprising BP Exploration Indonesia Limited…

Keppel, Seatrium in $53M Arbitration Case Over Brazil Corruption Scheme

Aug 28, 2025

Singapore's Keppel has initiated arbitration proceedings against local shipbuilder Seatrium for a S$68.4 million ($53.33 million) claim related to a corruption crackdown in Brazil, the companies said on Tuesday.In 2023, Seatrium had made provisions worth S$82…

CIP, Petrovietnam Team Up for Offshore Wind Project in Vietnam

Aug 27, 2025

Copenhagen Infrastructure Partners (CIP) has signed a joint development agreement with Petrovietnam to collaborate on the development of an offshore wind project in Vietnam’s south-central region.The project - in early development phase and…

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Aug 13, 2025

The First Steel Cutting ceremony took place at Saipem’s Karimun fabrication yard, marking the official start of construction activities for the Tangguh UCC project, awarded by bp Indonesia.The event was attended by representatives of the client…

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…

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…

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…

Current News

Technip Energies Gets FEED Job for Inpex’ Abadi LNG Project in Indonesia

Technip Energies Gets FEED Job for Inpex’ Abadi LNG Project in Indonesia

Keppel, Seatrium in $53M Arbitration Case Over Brazil Corruption Scheme

Keppel, Seatrium in $53M Arbitration Case Over Brazil Corruption Scheme

Subsea7 Secures Work at Black Sea Field off Türkiye

Subsea7 Secures Work at Black Sea Field off Türkiye

CIP, Petrovietnam Team Up for Offshore Wind Project in Vietnam

CIP, Petrovietnam Team Up for Offshore Wind Project in Vietnam

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

EnQuest Enters Indonesia with Operatorship PSCs for Two Exploration Blocks

EnQuest Enters Indonesia with Operatorship PSCs for Two Exploration Blocks

PXGEO Nets First Seismic Survey off Malaysia

PXGEO Nets First Seismic Survey off Malaysia

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