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Southeast Asia Sees New Wave of Deepwater Gas Projects

May 04, 2026

Southeast Asia is entering a critical second wave of deepwater gas development targeting 28 trillion cubic feet of resources across Indonesia, Malaysia and Brunei. However, delivering these projects won’t be easy, says Wood Mackenzie.The models suggest these projects have fragile economics…

Exxon Beats Q1 Earnings Estimate

May 01, 2026

Exxon Mobil beat estimates for adjusted earnings on Friday, helped by higher output in Guyana and the Permian Basin, though unadjusted profit dropped to its lowest level in five years due to global supply disruptions from the Iran warthat the company's CEO cautioned could worsen in coming months…

Intervention, Not Exploration: How Jack-ups Help Unlock Value

May 01, 2026

Talking about untapped value in offshore energy typically brings exploration, new wells and new developments to mind. But in today’s mature basins, the greatest source of opportunity is often neither new nor undiscovered.Many offshore regions…

API-NOIA Reports Benefits of Expanding South-Central Gulf Energy Development

Apr 30, 2026

The American Petroleum Institute (API) and the National Ocean Industries Association (NOIA) released a new report, Unlocking the New South-Central Gulf of America for Energy Development: Potential Economic Impacts and Opportunities, highlighting the opportunity to strengthen U…

Woodside Completes Scarborough FPU Subsea Link Ahead of LNG Start-Up

Apr 30, 2026

Woodside Energy has connected its floating production unit (FPU) offshore Western Australia to onshore operations via fibre optic cable, marking a key milestone for the Scarborough Energy Project as it targets first LNG cargo later this year…

UAE Exit Weakens OPEC, Raises Risk of Price War

Apr 29, 2026

The United Arab Emirates’ decision to leave OPEC will sharply diminish the 65-year-old producer group’s influence over the oil market, opening the door to an all‑out price war once Gulf producers rush to regain market share when the Iran war is over…

Current News

Three Dead After Incident at Petronas' FSO Offshore Malaysia

Three Dead After Incident at Petronas' FSO Offshore Malaysia

Planned Strike at Inpex’s Ichthys LNG Facility Called Off as Talks Continue

Planned Strike at Inpex’s Ichthys LNG Facility Called Off as Talks Continue

Eni Inks Long-Term Indonesia LNG Supply Agreements

Eni Inks Long-Term Indonesia LNG Supply Agreements

Indonesia Locks In LNG Supplies from Inpex' Abadi and Eni’s South Hub

Indonesia Locks In LNG Supplies from Inpex' Abadi and Eni’s South Hub

Wood Secures Subsea Design Scope on QatarEnergy’s Bul Hanine Redevelopment

Wood Secures Subsea Design Scope on QatarEnergy’s Bul Hanine Redevelopment

Oil Prices Rise as Iran Talks Stall and Inventories Shrink

Oil Prices Rise as Iran Talks Stall and Inventories Shrink

Indonesia Puts 13 Oil And Gas Blocks on Bidding Round Offer

Indonesia Puts 13 Oil And Gas Blocks on Bidding Round Offer

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