Arabian Drilling has reactivated two rigs that were recalled in the fourth quarter of 2025 and launched its first international offshore contract within the Gulf Cooperation Council region-based company.The Saudi Arabia-based contractor said one offshore and one land rig have resumed operations and are now fully operational and generating revenue, stating that a third land rig was scheduled to start operations on March 2…
QatarEnergy has awarded the engineering, procurement and construction (EPC) contract for the onshore liquefied natural gas (LNG) plant of its North Field West (NFW) project to a joint venture comprising Technip Energies, Consolidated Contractors Company (CCC) and Gulf Asia Contractor (GAC)…
Dolphin Drilling Offshore, a wholly owned subsidiary of Dolphin Drilling, and Sapura Drilling Asia, a wholly owned subsidiary of Vantris Energy, have entered into a marketing agreement for the semi-submersible drilling unit Blackford Dolphin…
Malaysia's state energy firm Petronas said on Thursday it will ramp up exploration and production over the next three years to strengthen domestic energy security.Petronas said it aims to maintain domestic output at close to two million barrels of oil equivalent per day between 2026 and 2028…
Offshore drilling contractor Seadrill has secured multiple contract awards for its West Capella, West Elara and West Carina drilling rigs across Malaysia, Norway and Brazil.In Malaysia, the ultra-deepwater drillship West Capella secured a well-based contract with an undisclosed operator…
The Philippines has made its first natural gas discovery in more than a decade after gas and condensate were found at a well near the Malampaya gas field off the island of Palawan, President Ferdinand ‘Bongbong’ Marcos Jr. announced.The well…
Why Shipowners Around the World ChooseD-I Industrial's Quiet Reliability?Consistent, durable performance that completely fixes breakdowns, delays, and demanding maintenance.In marine engineering, repeat customer choice depends on one thing:…
While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards.Main Events of 2025One of the biggest talking points of 2024 and 2025 was Saudi Aramco’s suspension of 36 jackups from April 2024…
Asian spot liquefied natural gas prices started the year steady, as muted regional demand and ample supply kept the market flat following a 34% slump in 2025.The average LNG price for February delivery into Northeast Asia LNG-AS was estimated at $9…
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…
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…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a major oil discovery in the Bohai Sea, dubbed Qinhuangdao 29-6, adding over a 100 million tons of oil equivalent in-place.The oil property at the Qinhuangdao 29-6 oil field is medium-heavy crude…
Eni has signed a long-term LNG sales agreement with Thailand’s Gulf Development Company, expanding its presence in Asian gas markets and advancing its plan to build a diversified global liquefied natural gas (LNG) portfolio.Under the 10-year contract…
As Offshore Technical Compliance (OTC) continues to expand their footprint in the digital pressure testing field of the Oil and Gas industry, their new and improved GreenLight has achieved a major milestone and sets a new standard for digital pressure testing of well control systems…
Mubadala Energy and PLN Energi Primer Indonesia (PLN EPI) have signed a heads of agreement to supply gas from the Andaman Sea as part of efforts to strengthen Indonesia’s energy security.The agreement establishes a framework for supplying cleaner…
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