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Tetragon Energy Advances Oil and Gas Exploration Activities off Philippines

Jul 13, 2026

Australia-listed Tetragon Energy has awarded a seismic reprocessing contract to DUG Technology as it begins the exploration phase of its offshore oil and gas program in the Philippines.The contract covers the reprocessing of four existing 3D seismic surveys spanning more than 4…

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

Jul 08, 2026

Eni Muara Bakau, a subsidiary of Eni-Petronas joint venture Searah, has extended a drilling job for Ventura Offshore’s SSV Catarina semi-submersible rig, operating offshore Indonesia.Eni Muara Bakau has exercised an option for a fourth well and a tophole in Indonesia for the the SSV Catarina…

Offshore Vessel Pair Ordered from Grandweld Shipyard

Jul 07, 2026

Bahri Logistics, a business unit of Bahri, the Kingdom’s leading shipping, maritime transportation, and logistics company has signed a newbuild agreement with Grandweld Shipyard for the construction of two offshore service vessels.The two vessels…

Israel Steps Up Mediterranean Gas Search

Jul 07, 2026

Israel has launched its fifth competitive process to search for more natural gas in the country's economic waters, Energy Minister Eli Cohen said on Monday, seeking to bolster domestic reserves while increasing exports.Israel's gas needs are served by a number of fields off its Mediterranean coast…

MODEC Advances Construction of Brazil-Bound Gato do Mato FPSO

Jul 02, 2026

MODEC has completed the forward hull section of floating production, storage and offloading (FPSO) vessel Gato do Mato, marking a key construction milestone for the Brazil-bound offshore production unit.The forward hull section, built at Sumitomo…

Hormuz Reopening Risks Turning Oil Shortage Into Glut

Jun 29, 2026

Crude prices may be back near levels seen before the Iran war, but the surge in oil exports from the Middle East following the reopening of the Strait of Hormuz is creating a chaotic market that could take months to settle.The steep slide in…

Floating Nuclear: A New Offshore Energy Frontier

Jun 25, 2026

For decades, floating nuclear power occupied a niche position in the energy debate – technically feasible, strategically intriguing, but commercially marginal. Today, however, combined pressures of decarbonization, energy security, land constraints…

Yinson Production Names FSO for Murphy's Lac Da Vang Project off Vietnam

Jun 24, 2026

Yinson Production has held a naming ceremony for the floating storage and offloading (FSO) unit PTSC Lac Da Vang ahead of the vessel's deployment to the Lac Da Vang oil project offshore Vietnam.The FSO vessel has been contracted to Murphy Cuu Long Bac Oil…

Perenco Inks Gas Sales Deal for Vietnamese Offshore Field

Jun 22, 2026

Perenco has signed a gas sales and purchase agreement (GSPA) for the Su Tu Trang Phase 2B development in Block 15-1 offshore Vietnam, marking a key commercial milestone for a project aimed at boosting domestic gas supplies and supporting the country's energy security…

Conrad Secures Drilling Rig for Mako Gas Field off Indonesia

Jun 05, 2026

Conrad Asia Energy, via its subsidiary West Natuna Exploration Limited (WNEL), has signed a binding contract with PT Pertamina Drilling Services Indonesia through the PDSI–ADES Consortium for the provision of a jack-up drilling rig to support development of the Mako gas field offshore Indonesia…

Indonesia Locks In LNG Supplies from Inpex' Abadi and Eni’s South Hub

May 22, 2026

A unit of Indonesian state utility Perusahaan Listrik Negara said on Friday it had signed heads of agreement with Italy's Eni and Japan's Inpex to buy 830 cargoes of liquefied natural gas, or about 48.5 million metric tons, between 2027 and 2047…

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…

Inpex Inks Abadi LNG Gas Supply Deal With Indonesian State Firms

May 20, 2026

Japanese gas explorer Inpex signed a commercial contract on Wednesday with Indonesian state firms Pupuk Indonesia, state utility firm PLN, and gas utility firm PGN to purchase gas from the Abadi LNG project.The deal was signed during the Indonesia Petroleum Association conference…

FOS Picks Incat Crowther to Design Fast CTV Fleet for Shell’s Brunei Ops

May 12, 2026

Fast Offshore Supply (FOS) has selected Incat Crowther to design a fleet of 10 new DP2 fast crew transfer vessels (CTVs) for offshore operations supporting Brunei Shell Petroleum, a joint venture between Shell and the Government of Brunei.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…

Current News

Inpex-Led Bonaparte CCS Project Gets Australian Offshore Storage Approval

Inpex-Led Bonaparte CCS Project Gets Australian Offshore Storage Approval

Seascape Energy Expands Temaris Gas Acreage Offshore Malaysia

Seascape Energy Expands Temaris Gas Acreage Offshore Malaysia

Oil Markets Brace for Years of High Prices as Iran War Drags On

Oil Markets Brace for Years of High Prices as Iran War Drags On

Seadrill Secures Offshore Drilling Deals Across Four Countries

Seadrill Secures Offshore Drilling Deals Across Four Countries

Jack-Up Rig Arrives in Indonesia for Conrad Asia Energy's MOPU Conversion

Jack-Up Rig Arrives in Indonesia for Conrad Asia Energy's MOPU Conversion

Murphy Oil Finds More Oil Offshore Vietnam, Côte d'Ivoire

Murphy Oil Finds More Oil Offshore Vietnam, Côte d'Ivoire

Oil Caught Between Trump's Russia Supply Push and Middle East Risks

Oil Caught Between Trump's Russia Supply Push and Middle East Risks

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