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BP Adds Three Exploration Blocks off Indonesia

May 20, 2026

BP and its partners have signed three production sharing contracts (PSCs) in Indonesia, expanding the company’s upstream portfolio in the country to 11 oil and gas blocks.Two of the contracts cover the Bintuni and Drawa exploration blocks in Papua Barat near BP-operated Tangguh LNG, while BP also confirmed participation in the INPEX-operated Barong block in East Java.The agreements were signed with the Indonesian government…

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

11 hours ago

Wood has secured a contract by China Offshore Oil Engineering Company (COOEC) to deliver detailed design work for QatarEnergy’s Bul Hanine EPIC2 offshore oil and gas redevelopment project in Qatar.The scope includes the design of 25 subsea pipelines…

Indonesia Puts 13 Oil And Gas Blocks on Bidding Round Offer

15 hours ago

Indonesia is offering 13 oil and gas blocks in the first bidding round of 2026, with total estimated resources of 16 billion barrels oil and 81.85 trillion cubic feet of gas, senior energy ministry official Laode Sulaeman said on Wednesday.Here…

Indonesia Signs Eight Oil and Gas Contracts

May 20, 2026

Indonesia's upstream oil and gas regulator SKK Migas signed eight oil and gas contracts on Wednesday at the Indonesia Petroleum Association conference, with total estimated resources of around 13.8 trillion cubic feet of gas.Here are some details…

Oil Prices Ease as US Holds Off Renewed Strikes Against Iran

May 19, 2026

Oil fell by nearly 2% on Tuesday after U.S. President Donald Trump said he had paused a planned attack on Iran to allow for negotiations to end the war in the Middle East.Trump posted on social media on Monday that he was holding off on a planned military attack on Iran scheduled for Tuesday…

Yinson Production, PTSC Raise Over $130M for Vietnam’s Block B FSO

May 18, 2026

Yinson Production has secured a $131.5 million senior secured bank financing facility together with joint venture partner PTSC for a floating storage offloading (FSO) vessel being built for the Block B gas project offshore Vietnam.The company said the facility…

Inpex Expands Australia Gas Portfolio with Browse Minority Stake Deal

May 15, 2026

Inpex has agreed to acquire a 10.67% participating interest in the Browse joint venture offshore Western Australia from PetroChina International Investment (Australia) – CNPC.The Japanese energy company said subsidiary Inpex Mirai Upstream signed…

UAE Speeds Up Pipeline Project to Help Bypass Hormuz

May 15, 2026

The United Arab Emirates will accelerate construction of a new oil pipeline to double its export capacity via the port of Fujairah by 2027, the government's Abu Dhabi Media Office said on Friday, vastly expanding its ability to bypass the Strait of Hormuz…

PV Drilling Secures Jack-Up Rig Deal from Zarubezhneft off Vietnam

May 14, 2026

Vietnam’s PV Drilling has signed a contract with Russia's Zarubezhneft EP Vietnam to provide jack-up drilling unit services for its 2026 development drilling campaign in Block 12/11 offshore Vietnam.Under the agreement, a jack-up rig will be…

Longitude to Integrate SynergenOG Following ABL Group Acquisition

May 13, 2026

Consultancy firm ABL Group has agreed to acquire Malaysia-based process safety and technical risk consultancy SynergenOG, expanding its engineering and risk management capabilities for the energy sector.ABL Group said SynergenOG would be integrated…

IEA: Middle East Conflict Reshaping Medium-Term Gas Outlook

May 07, 2026

The Iran war has already led to a loss of about 120 billion cubic metres of global liquefied natural gas supply over the 2026 to 2030 period, Gergely Molnar, an analyst from the International Energy Agency, said on Thursday.Speaking at the Budapest LNG Summit…

Brent Near $114 as Middle East Conflict Continues

May 05, 2026

Brent crude futures retreated on Tuesday but held near $114 a barrel following fresh hostilities in the Middle East, while investors monitored developments in the U.S.-Israeli conflict with Iran.The U.S. and Iran launched new attacks in the…

Indonesia’s Mako Gas Project on Track for First Gas in 2027

Apr 30, 2026

Conrad Asia Energy, through its majority-owned subsidiary West Natuna Exploration as operator, is progressing development of the Mako Gas Project offshore Indonesia, with first gas targeted in the fourth quarter of 2027.The project partner, Empyrean Energy…

Technology as Enabler of Energy Security in Offshore Asia

Apr 27, 2026

In recent years, Asia’s offshore sector has regained strategic importance, particularly in countries such as Malaysia, Indonesia and Vietnam, as operators pursue new upstream opportunities while governments seek to strengthen domestic and regional energy security…

Current News

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

BP Adds Three Exploration Blocks off Indonesia

BP Adds Three Exploration Blocks off Indonesia

Indonesia Signs Eight Oil and Gas Contracts

Indonesia Signs Eight Oil and Gas Contracts

Inpex Inks Abadi LNG Gas Supply Deal With Indonesian State Firms

Inpex Inks Abadi LNG Gas Supply Deal With Indonesian State Firms

Energean Cuts 2026 Output Forecast After Israel Shutdown

Energean Cuts 2026 Output Forecast After Israel Shutdown

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