Bid Round News


Van Oord's New Rock Installation Vessels to Feature TMC Systems

Jun 08, 2026

Norway-based TMC Compressors has secured a contract from Yantai CIMC Raffles Offshore to supply marine compressed air systems for two subsea rock installation vessels being built for Dutch marine contractor Van Oord.Under the contract, TMC will…

Cambodia Starts UN Process to Resolve Maritime Dispute with Thailand

Jun 02, 2026

Cambodia said on Tuesday it had launched a compulsory conciliation process under international law aimed at resolving a long-running maritime boundary dispute with Thailand and had informed the United Nations and Bangkok.The move follows a Thai…

Suriname's Block 52 Could Become Commercial in 18 Months

May 27, 2026

Malaysia's oil and gas producer Petronas is exploring for oil at offshore Block 52 in Suriname, which was declared commercially viable for the development of natural gas late last year following large discoveries in the area, the managing director of state company Staatsolie said on Wednesday…

Petrovietnam Invites Bids for Block 17 in South China Sea

May 25, 2026

Vietnam's state energy firm Petrovietnam has invited investors to participate in an open tender for an offshore oil and gas block in the South China Sea, it said on Monday.The invitation is for the Block 17 in the Cuu Long basin, on the country's continental shelf…

Bangladesh Offers Sweetened Terms in Offshore Tender

May 24, 2026

Bangladesh launched an international tender on Sunday for oil and gas exploration in 26 offshore blocks in the Bay of Bengal, offering more attractive terms to foreign companies as it seeks to tackle worsening domestic gas shortages and reduce reliance on costly LNG imports…

Wood Secures Subsea Design Scope on QatarEnergy’s Bul Hanine Redevelopment

May 21, 2026

Wood has secured a contract by China Offshore Oil Engineering Company (COOEC) to deliver detailed design work for QatarEnergy’s Bul Hanine EPIC2 offshore oil and gas redevelopment project in Qatar.The scope includes the design of 25 subsea pipelines…

Shell’s Deepwater Mars Hits One Billion Barrels, with More to Come (Video)

May 21, 2026

Shell’s Mars platform has produced its billionth barrel of oil equivalent, becoming the first single offshore platform in the Gulf of America to reach the milestone nearly three decades after production began.The deepwater oil and gas platform…

Indonesia Puts 13 Oil And Gas Blocks on Bidding Round Offer

May 21, 2026

Indonesia is offering 13 oil and gas blocks in the first bidding round of 2026, with total estimated resources of 16 billion barrels oil and 81.85 trillion cubic feet of gas, senior energy ministry official Laode Sulaeman said on Wednesday.Here…

BP Adds Three Exploration Blocks off Indonesia

May 20, 2026

BP and its partners have signed three production sharing contracts (PSCs) in Indonesia, expanding the company’s upstream portfolio in the country to 11 oil and gas blocks.Two of the contracts cover the Bintuni and Drawa exploration blocks in Papua Barat near BP-operated Tangguh LNG…

Woodside Weighs Matching Inpex Bid for PetroChina’s Browse Stake

May 20, 2026

Woodside Energy will consider matching an offer from Inpex to buy PetroChina’s stake in the Browse gas fields off the coast of Western Australia, CEO Liz Westcott said on Wednesday.Inpex on Friday said it would take PetroChina’s 10.67% stake…

Energean Cuts 2026 Output Forecast After Israel Shutdown

May 20, 2026

Eastern Mediterranean-focused gas producer Energean cut its 2026 production forecast and dividend on Wednesday after a 41-day shutdown of its Israeli operations hammered its first-quarter results.The company's power floating production vessel…

NextEra CEO Positive About Dominion Offshore Wind Project

May 18, 2026

The chief executive of NextEra Energy said on Monday that his company felt good about Dominion's investment in offshore wind, a technology he has disparaged in the past.CEO John Ketchum made the remarks on a call with investors to discuss NextEra's $66…

Ocean Winds Gets Full Onshore Approval for Caledonia OW Project

May 15, 2026

Ocean Winds, a joint venture between EDP Renewables and ENGIE, has secured full planning consent from Aberdeenshire Council for onshore cable infrastructure linked to its 2 GW Caledonia offshore wind farm in Scotland.The company said the approval…

UK Gives Consent to RWE, Masdar’s 3GW Dogger Bank South Wind Farms

May 15, 2026

RWE and Abu Dhabi Future Energy Company - Masdar have received planning consent for the 3 GW Dogger Bank South offshore wind farm projects in the UK.The companies said Lord Whitehead, acting on behalf of the UK Energy Secretary, approved the…

Current News

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