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South East Asia News

 

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

Jul 16, 2025

U.K.-based oil firm EnQuest has been awarded a Production Sharing Contract (PSC) for Block C, offshore Brunei, by the Petroleum Authority of Brunei Darussalam (PABD).EnQuest EP BV, a subsidiary of EnQuest, will initially be the sole operator of the PSA with the intention to subsequently…

OMV Drills Dry Well in Norwegian Sea

Jul 16, 2025

Oil and gas firm OMV has drilled a dry wildcat well in the Hoffmann prospect in the Norwegian Sea.The wildcat well 6606/4-1 S was drilled in production license 1194, which was awarded in 2023 (Awards in pre-defined areas 2022).OMV is the operator of the license with 40% working interest…

CNOOC Finds Oil and Gas in South China Sea

Jul 16, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a ‘major breakthrough’ in the exploration of metamorphic buried hills in the deep plays in the South China Sea for the first time, as it makes an oil and gas find in Beibu Gulf…

Mooreast Finds Geotechnical Partner for Floating Energy Solutions

Jul 15, 2025

Singapore-based mooring and anchoring specialist Mooreast Holdings has partnered with Norway-based GeoProvider to strengthen capabilities in offshore data analysis and enhance its value proposition to the floating offshore renewable energy market…

Fugro Gets On Board Ireland’s Offshore Grid Development Project

Jul 15, 2025

Fugro has secured a seven-year framework agreement with EirGrid, Ireland’s state-owned electricity transmission operator, to deliver a full suite of geo-data surveys for the 'Powering Up Offshore - South Coast' project.The initiative will develop…

Masdar, RWE Get Closer to Official Go-Ahead for 3GW UK Offshore Wind Farms

Jul 14, 2025

The U.K. Planning Inspectorate has concluded its six-month Nationally Significant Infrastructure Project (NSIP) examination period for the Dogger Bank South (DBS) offshore wind farms, with the consent decision now expected within the next six months…

Baker Hughes, Petronas Team Up for Asia-Pacific Energy Resilience

Jul 14, 2025

Energy technology company Baker Hughes and Malaysia’s state-run energy giant Petronas have signed a memorandum of understanding (MoU) on a strategic partnership to explore business initiatives that have the potential to support the delivery of Asia’s energy expansion and transition…

Jadestone Energy Ups Montara Field Volume Expectations

Jul 14, 2025

Jadestone Energy, an Asia-Pacific focused oil and gas company, has increased production rates expectations from the Montara field offshore Australia, as the drilling operation with Valaris’ Valaris 247 jack-up rig nears completion.The Skua-11ST well at the Montara field has reached target depth…

Iberdrola Picks Up $4.9B to Finance 1.4GW UK Offshore Wind Farm

Jul 11, 2025

Iberdrola has signed green financing agreement with 24 banks for the East Anglia THREE offshore wind farm, being developed together with Abu Dhabi Future Energy Company (Masdar).The transaction valued at $4.88 billion, which was 40% oversubscribed…

Vallourec Brings CNOOC, Petrochina as New Clients in Iraq

Jul 11, 2025

French tubular solutions specialist Vallourec has secured two contracts to supply Oil Country Tubular Goods (OCTG) to support the drilling operations of CNOOC and PetroChina in Iraq.The contracts carry potential revenue of over $130 million…

Shell Secures Drilling Permit off South Africa's West Coast

Jul 11, 2025

Shell has been granted environmental authorisation to drill up to five deep-water wells off South Africa's west coast, the company said on Friday.The oil major applied for authorisation last year and plans to drill exploration or appraisal wells…

Masdar, Iberdrola to Co-Invest $6B in East Anglia THREE Offshore Wind Farm

Jul 10, 2025

Abu Dhabi Future Energy Company (Masdar) and Iberdrola have agreed to co-invest $6.08 billion in the 1.4 GW East Anglia THREE offshore wind farm in the U.K., in what’s said to be the largest offshore wind transaction of the decade.Under the agreement…

EnQuest Acquires Harbour Energy’s Vietnamese Assets

Jul 10, 2025

U.K.-based oil firm EnQuest has completed the acquisition of Harbour Energy’s business in Vietnam, which holds a 53.125% equity interest in, and operatorship of, the Chim Sáo and Dua production fields.The completion of the acquisition has confirmed EnQuest as operator of the fields in Block 12W…

Staatsolie Takes Back Offshore Oil Block in Suriname as Hess Exits

Jul 09, 2025

U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil firm Staatsolie said on Tuesday, adding the block would now return to Staatsolie.'Hess has fulfilled its minimum work…

Woodside Finds South Korean Partners to Advance LNG Value Chain

Jul 09, 2025

Woodside Energy has signed a non-binding memorandum of understanding (MoU) with Hyundai Engineering and Hyundai Glovis, establishing a strategic framework to collaborate on liquefied natural gas (LNG) project development, engineering services and shipping logistics…

Current News

PTTEP Acquires Southeast Asia’s Offshore Block from Chevron’s Hess Unit for $450M

PTTEP Acquires Southeast Asia’s Offshore Block from Chevron’s Hess Unit for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

China Starts Production at Major Oil Field in Bohai Sea

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

China Rolls Out 17MW Floating Wind Turbine Prototype

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