Pakistan’s state-owned Oil and Gas Development Company (OGDCL) has agreed to acquire a 20% interest in the Eastern Offshore Indus-C Block, joining forces with Pakistan Petroleum Limited (PPL), Turkish Petroleum Overseas Company (TPOC), part of Türkiye’s TPAO, and MariEnergies.Subject to regulatory approvals, operatorship of the block will be transferred to TPOC, which has extensive experience in offshore exploration and field development…
Vantris Energy Berhad said it has been awarded offshore transportation and installation work orders in Malaysia by Petronas Carigali under existing long-term contracts.The awards were secured by Sapura Offshore, an indirect wholly owned subsidiary of Vantris Energy…
Italian engineering group Saipem has secured an offshore engineering, procurement, construction and installation contract in Qatar with a total value of about $4 billion, of which its share amounts to approximately $3.1 billion.The contract…
Eni has exercised an option to keep a semi-submersible rig from Ventura Offshore Midco, a subsidiary of Brazilian offshore drilling contractor Ventura Offshore, operational offshore Indonesia.This is the second of four optional wells exercised…
SLB, a global energy technology company, and SBM Offshore, a Floating Production Storage and Offloading (FPSO) solutions specialist, have signed an agreement to enter into an exclusive digital alliance to optimize the performance of offshore production systems…
Dutch-based SBM Offshore has cut the first steel for Chalchi floating storage and offloading (FSO) at COSCO Shipyard in China, marking the start of construction of the unit bound for deployment at Trion deepwater oil field, offshore Mexico.The FSO’s name…
Copenhagen Infrastructure Partners (CIP) has signed a joint development agreement with Petrovietnam to collaborate on the development of an offshore wind project in Vietnam’s south-central region.The project - in early development phase and…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at a new gas field, located in the Yinggehai Basin, offshore China.The dongfang 1-1 gas field 13-3 Block development project is the first high-temperature…
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