South East Asia News

 

Eni Confirms Large Gas, Condensate Find off Ivory Coast

Feb 16, 2026

Eni has made a significant gas and condensate discovery offshore Ivory Coast after drilling the Murene South-1X well in Block CI-501, confirming the potential of the Calao channel complex.The discovery, named Calao South, is estimated to contain up to 5.0 trillion cubic feet (Tcf) of gas and 450 million barrels of condensate, equivalent to approximately 1.4 billion barrels of oil.It represents the country’s second-largest discovery after Baleine…

DUG Hooks Multi-Client Seismic Reprocessing Survey off Malaysia

Feb 16, 2026

DUG Technology, in partnership with Searcher Seismic, has signed an agreement for the provision of multi-client 3D seismic data reprocessing offshore East Sarawak.Under the terms of the agreement, DUG and Searcher will reprocess previously acquired…

Chevron-Led Group Seals Offshore Gas Exploration Deals in Greece

Feb 16, 2026

A consortium led by U.S. oil major Chevron signed exclusive lease agreements on Monday to look for natural gas off southern Greece, expanding the United States' presence in the eastern Mediterranean.The deal doubles the amount of Greek maritime…

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Feb 12, 2026

SLB has secured multiple offshore drilling services contracts by Mubadala Energy for the Tangkulo natural gas deepwater development and associated exploration and appraisal activities in the Andaman Sea offshore Indonesia.The contracts cover…

Petrobras’ P-79 FPSO Arrives to Brazil to Support Búzios Growth Plan

Feb 12, 2026

Petrobras has welcomed its P-79 floating production, storage and offloading (FPSO) unit to the Búzios field in Brazil’s Santos Basin pre-salt, in line with the planned schedule.The unit, capable of producing 180,000 barrels of oil per day and compressing 7…

TotalEnergies Asks EU to Clarify Russian LNG Ban

Feb 12, 2026

TotalEnergies is asking the French government and EU Commission to clarify an EU ban on Russian liquefied natural gas (LNG) imports, CEO Patrick Pouyanne said on Wednesday.'It appears a European company cannot market Russian LNG, which we did not initially anticipate…

Transocean Secures $184M for Drilling Rigs Operating off Norway

Feb 11, 2026

Offshore drilling contractor Transocean has secured contract awards and extensions totaling approximately $184 million for two of its harsh-environment semisubmersible rigs operating in Norway.The company said the fixtures represent about $184 million in firm contract backlog…

Chevron Enlists Subsea7 for Mediterranean Sea Job

Feb 10, 2026

Subsea7 has secured contract by Chevron for subsea installation in the Eastern Mediterranean.Subsea7’s scope includes the transport and installation of approximately 17 kilometers of subsea flowlines and umbilicals.Project management and engineering…

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

Feb 10, 2026

Offshore drilling contractor Vantage Drilling has secured a contract with Oil and Natural Gas Corporation (ONGC) for its ultra-deepwater drillship Platinum Explorer for operations off India.The binding Notification of Award (NoA) from ONGC comes…

EnQuest Secures Extension for Vietnam's Offshore Block

Feb 09, 2026

EnQuest has been grated a four-year extension to the Block 12W production sharing contract by PetroVietnam.The extension, granted on the contract’s existing terms, runs until July 2034 and allows EnQuest and its partners to continue development activities across Block 12W…

Solstad Lines Up Work for Normand Tonjer CSV

Feb 06, 2026

Norwegian vessel owner Solstad Offshore has signed a letter of intent (LoI) with client for its Normand Tonjer construction support vessel (CSV).According to Solstad Offshore, area of operation for the vessel will be Asia-Pacific. The contract has a duration of 225 days…

Japan's Mitsui in Advanced Talks for Stake in Qatar’s North Field LNG Project

Feb 06, 2026

Japan's Mitsui & Co is close to buying a stake in the second phase of QatarEnergy's massive North Field project as it seeks to secure stable liquefied natural gas (LNG) supply, five sources close to the matter told Reuters.If reached, the deal…

Longitude Launches New PSV Design to Target Cost Efficiencies

Feb 05, 2026

Design and engineering consultancy Longitude has launched a compact “D-Flex” platform supply vessel (PSV) design, the second design in its IMT Isca series.The D-Flex design is an evolution of the IMT 984 (G-Class) design and a smaller, cost…

Longitude Unveils Compact PSV Design Aimed at Cost Efficiency

Feb 05, 2026

Maritime design and engineering consultancy Longitude has launched a new compact platform supply vessel (PSV) design D-Flex, aimed at improving cost efficiency for shipowners.The D-Flex PSV is the second design in Longitude’s IMT Isca series…

Oil Companies Snap Up West African Blocks in Search for Next Big Thing

Feb 04, 2026

Chevron and TotalEnergies are among the oil majors snapping up offshore blocks in West and Southern Africa as compelling geology, regulatory reforms, and the need to restock spur a hunt for the next Brazil.Companies are restocking their oil…

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