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South East Asia News

 

Eni Enlists OneSubsea for Deepwater Umbilical Supply off Indonesia

12 hours ago

OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract from Eni North Ganal to deliver a steel tube umbilical system for the Kutei North Hub field development project offshore East Kalimantan in Indonesia.Eni North Ganal is a subsidiary of Searah, a joint venture between Eni and Petronas.Under the contract, OneSubsea will engineer, procure and manufacture 94.6 km of umbilical for water depths of up to 2…

Marco Polo, Siemens Gamesa Ink Two-CSOV Framework Agreement

13 hours ago

Singapore-listed marine logistics company Marco Polo Marine's offshore wind division, PKR Offshore, has signed a framework agreement with Siemens Gamesa for the deployment and charter of two commissioning service operation vessels (CSOVs) for offshore wind projects in Asia…

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

13 hours ago

London-listed independent energy company EnQuest has cleared a key hurdle in its proposed $833 million acquisition of interests in four offshore production sharing contracts in Malaysia after existing partners waived their pre-emption rights over one of the three transaction packages…

TotalEnergies Ships First ECA LNG Cargo from Mexico to Asia

Jul 09, 2026

TotalEnergies has shipped the first cargo produced by the ECA LNG Phase 1 export terminal on Mexico's Pacific coast to Asia as the facility undergoes commissioning.The company holds a 16.6% stake in the project alongside operator Sempra Infrastructure and will offtake 1…

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

Jul 09, 2026

The possible collapse of U.S.-Iran peace talks and the stop-start flow of tankers through the Strait of Hormuz are a nightmare scenario for Gulf nations desperate to return to normal after a bruising multi-month conflict.What was meant to mark…

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Jul 08, 2026

Dolphin Drilling has secured a further extension for its deepwater-capable semi-submersible rig Blackford Dolphin with Oil India, keeping the rig on contract until at least August 28, 2026.The extension will allow completion of drilling, testing…

Oil Surges 3% on Renewed US-Iran Strikes

Jul 08, 2026

Oil prices gained more than 3% on Wednesday after Iran and the U.S. military traded airstrikes and Washington reimposed crude sales sanctions on Tehran, raising fears their fragile truce was unravelling and Middle East supplies could be disrupted again…

ADNOC, XRG and Mitsui Broaden Energy Cooperation

Jul 07, 2026

ADNOC and XRG have signed a strategic collaboration agreement with Mitsui to explore opportunities across liquefied natural gas (LNG), crude oil, sulfur, shipping and chemicals, as well as international energy investments through XRG.The agreement…

Ruwais LNG Commitments Top 90% Capacity with New INPEX Deal

Jul 07, 2026

ADNOC has signed a 15-year sales and purchase agreement with Japan's INPEX for the supply of 1 million tonnes per annum of liquefied natural gas (LNG), primarily from the Ruwais LNG project in Abu Dhabi.The agreement brings long-term commitments for the 9…

Saipem Lands $2B FPSO Deal for Offshore Gas Field in Indonesia

Jul 07, 2026

Italian energy services group Saipem, through its Saipem Indonesia subsidiary and in a joint venture with PT Tripatra Engineers and Constructors, has won a contract for a floating production, storage and offloading (FPSO) unit for the Kutei North Hub development in Indonesia…

Oil Climbs on US-Iran Deal Uncertainty

Jul 07, 2026

Oil rose on Tuesday as traders' nervousness about a lack of progress on peace talks between the United States and Iran offset any price impact of a slight recovery in shipping through the Strait of Hormuz.Brent crude futures LCOc1 gained $1…

Saudi Arabia Eyes Oil Pipeline Expansion to Red Sea

Jul 07, 2026

Saudi Arabia is considering expanding the capacity of its crude oil pipeline to the western Red Sea coast, five sources close to the matter said, enabling the kingdom and possibly neighbours to transport more oil without crossing the Strait of Hormuz…

Shell Lifts Gas Guidance, Sees Trading Boost

Jul 07, 2026

Shell slightly increased its guidance on Tuesday for its second-quarter integrated gas production, although output would be down sharply from the first three months of the year due to the impact of the Middle East conflict.The British oil major…

South Korea’s Largest Cable Layer Starts Taking Shape in Türkiye

Jul 06, 2026

LS Marine Solution, a subsidiary of LS Cable & System, has started construction of a next-generation cable laying vessel (CLV) designed for long-distance high-voltage direct current (HVDC) and large-scale offshore wind grid projects.A steel…

Gastech 2026 to convene global energy leaders in Bangkok as Asia accelerates demand, LNG investment and system transformation

Jul 02, 2026

Gastech 2026 will take place in Bangkok, Thailand from September 14-17, 2026, uniting global decision makers and energy leaders to address urgent supply security and system resilience priorities amid mounting geopolitical instability.Positioned…

Current News

Eni Enlists OneSubsea for Deepwater Umbilical Supply off Indonesia

Eni Enlists OneSubsea for Deepwater Umbilical Supply off Indonesia

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

ONGC Plans Major New Indian Oil Reserve

ONGC Plans Major New Indian Oil Reserve

LNG Tankers Resume Hormuz Crossings Amid Tensions

LNG Tankers Resume Hormuz Crossings Amid Tensions

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced

From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

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