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South East Asia News

 

Ventura Expands Drillship Fleet, Lands $58M Petronas Deal

few minutes ago

Ventura Offshore has entered into an agreement with Eldorado Drilling to provide marketing and operations management services for the seventh-generation ultra-deepwater drillship Deep Value Driller, while also securing a drilling contract with Petronas E&P Bobara in Indonesia.The Petronas contract has an estimated value of approximately $58 million, including provisional sums for additional services…

Sea Lion Oil Project Caught in Argentina-Falklands Oil Dispute

Sep 07, 2026

Argentine President Javier Milei's push for sanctions on oil companies drilling offshore in the British-controlled Falkland Islands has put Israeli investors at the centre of a sovereignty dispute over which Britain and Argentina went to war in 1982…

Northern Territory Shale Developers Look Towards LNG Production

Sep 04, 2026

Developers of shale gas in Australia's Northern Territory say they plan to replicate the liquefied natural gas boom in the state of Queensland, but without the duplication of infrastructure and overspending that occurred in the 2010s.The territory's…

Milei Vows Tougher Sanctions, Defense Push Over Falklands Oil Drilling

Sep 03, 2026

Argentine President Javier Milei said on Thursday he would tighten sanctions on companies involved in oil projects around the Falkland Islands, boost defense resources in the country's south and send Congress a bill aimed at strengthening Argentina's…

China Conducted Survey of Waters East of Taiwan

Sep 03, 2026

China's Ministry of Natural Resources conducted a survey of waters east of Taiwan last month that it said would help it create 'one map' for territorial planning and resource management, state broadcaster CCTV said on Thursday.China has been…

Valeura Accelerates Wassana Redevelopment

Sep 01, 2026

Valeura Energy has announced that it intends to accelerate its Wassana field redevelopment project on block G10/48 (100% operated interest) in the offshore Gulf of Thailand.Dr. Sean Guest, President and CEO, commented: “Work on our new-build…

Iran Creates Oil Bonanza for the Americas

Sep 01, 2026

From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security globally could transform this emergency response into a lasting structural change…

Eni Expands Presence in Uruguay

Aug 31, 2026

Eni has, together with MIWEN (a wholly owned subsidiary of YPF) and the Uruguayan National Oil Company ANCAP, signed an official agreement for the entry in the OFF-5 exploration block offshore Uruguay, following approval by the Uruguayan authorities…

Technip Energies Nets Engineering Services Job for ADNOC Offshore

Aug 27, 2026

Technip Energies has been awarded a significant contract by Larsen & Toubro Energy Hydrocarbon (LTEH) to provide detailed engineering services for an ADNOC Offshore project in the United Arab Emirates.The project was awarded by ADNOC Offshore to a consortium led by LTEH and covers the engineering…

Astro Offshore, Oceaneering Team Up on Integrated Subsea Solutions

Aug 26, 2026

Dubai-based offshore vessel operator Astro Offshore has signed a strategic memorandum of understanding with Oceaneering International to jointly pursue and deliver offshore and subsea projects.The agreement combines Astro Offshore's offshore…

Glamox to Illuminate Formosa 4 Offshore Wind Farm in Taiwan

Aug 26, 2026

Lighting specialist Glamox has won a contract to provide marine lighting for Formosa 4, one of Taiwan’s most significant offshore wind farms.Glamox signed the contract with ProCon Taiwan and SK oceanplant, and will supply 900 specialized marine lights for the transition pieces of 35 wind turbines…

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

Aug 26, 2026

BP has completed a planned maintenance program on the Central Azeri platform in Azerbaijan's Azeri-Chirag-Deepwater Gunashli (ACG) field ahead of schedule.The turnaround began on August 19 and was originally scheduled to last 11 days. BP said…

Spirit Energy Completes Major North Sea Decom Campaign (Video)

Aug 25, 2026

UK-based oil and gas company Spirit Energy has completed a $55 million (£40 million) decommissioning campaign in the UK North Sea, plugging and abandoning three subsea wells and removing more than 234 tonnes of subsea infrastructure.The campaign…

Viridien Progresses Hybrid Multi-Client Survey Offshore Malaysia

Aug 25, 2026

Viridien has started seismic imaging of the Langkasuka multi-client 3D (MC3D) hybrid survey, the first-ever combined streamer and sparse ocean bottom node (OBN) multi-client 3D seismic dataset acquired in the Asia-Pacific region.The endeavor…

McDermott Gets ADNOC’s ‘Mega Contract’ to Advance Umm Shaif Field

Aug 24, 2026

McDermott has secured a mega engineering, procurement, construction and installation (EPCI) contract by ADNOC for work related to increasing gas recovery and production from the Umm Shaif field.The contract, valued over $1 billion, is for Package…

Current News

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Saipem Secures Commissioning Contract for Türkiye-Bound FPU

Oil Jumps as Houthi Strikes Disrupt Saudi Energy Operations

Oil Jumps as Houthi Strikes Disrupt Saudi Energy Operations

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Petronas Turns to AI to Accelerate Upstream Investment

PTTEP, Petronas Ink 35-Year Malaysia-Thailand Gas Deals

PTTEP, Petronas Ink 35-Year Malaysia-Thailand Gas Deals

Iran Outlines Terms for Restoring Hormuz Shipping

Iran Outlines Terms for Restoring Hormuz Shipping

Technip Energies Nets Engineering Services Job for ADNOC Offshore

Technip Energies Nets Engineering Services Job for ADNOC Offshore

Seatrium Nears Dual FPSO Sailaway for Petrobras' Búzios Field

Seatrium Nears Dual FPSO Sailaway for Petrobras' Búzios Field

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