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CNOOC Starts Production at Offshore Field in South China Sea

Jun 09, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream the Weizhou 5-3 oil field development project in Beibu Gulf Basin in the South China Sea.The main production facility includes one self-installing wellhead platform, which leverages the adjacent existing facilities for development.According to CNOOC, 10 development wells are planned to be commissioned…

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Jun 25, 2025

Vietnam National Industry - Energy Group (Petrovietnam) and its joint venture partners officially signed the Product Sharing Contract (PSC) for Block 15-1 in the southern continental shelf of Vietnam.Block 15-1 is one of the oil and gas blocks…

Aker Solutions, PTAS JV Hooks Brownfield Services Extension off Brunei

Jun 04, 2025

PTAS Aker Solutions, a local joint venture between Aker Solutions and the Brunei company PTAS, has secured a two-year contract extension to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP).The extension…

Three Dead in Chevron's Angolan Oil Patform Fire

May 28, 2025

A second person died from their injuries in hospital following a fire at a Chevron-operated oil platform offshore Angola, bringing the number of fatalities to three, government and company officials said late on Tuesday.Two workers were initially…

Mubadala Energy Open to Sell Andaman Gas for Domestic Use

May 21, 2025

Mubadala Energy would be more than happy to supply all the natural gas to be produced from its south Andaman block for Indonesia's domestic consumption at the right price, a senior executive said on Wednesday.Indonesia wants gas producers to increase supplies to domestic users as demand is rising…

Indonesia's Medco Starts Production at Natuna Sea Fields

May 16, 2025

Indonesian energy company Medco Energi Internasional on Friday started production at its Forel and Terubuk fields in the Natuna Sea, officials said.The two fields are part of the South Natuna Sea Block B and will increase its production by 20…

Valeura Energy Greenlights Wassana Oil Field Redevelopment off Thailand

May 14, 2025

Canada-based oil and gas company Valeura Energy has taken a final investment decision (FID) to redevelop the Wassana oil field in the Gulf of Thailand, committing $120 million to replace aging infrastructure and boost production.The redevelopment plan for the field…

EnQuest Bags Two Production Sharing Contracts off Indonesia

Apr 23, 2025

U.K.-based oil firm EnQuest, and its joint venture partners, have been confirmed as the winning bidders for two Production Sharing Contract (PSC) blocks in Indonesia’s Papua Barat, including Gaea and Gaea II.The blocks present a multi-Tscf unrisked…

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

Apr 22, 2025

Tidal Action ultra-deepwater drillship has embarked on a voyage from South Korea to Brazil to start its maiden job at Petrobras’ Roncador field.The drillship has been officially handed over by its owner Hanwha Ocean to its subsidiary Hanwha Drilling…

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

Apr 21, 2025

China's privately controlled ENN Natural Gas and state-run Zhenhua Oil have each signed a term deal to buy liquefied natural gas from Abu Dhabi National Oil Company (ADNOC).ENN Natural Gas said on its official WeChat account on Saturday that…

Current News

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

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