Indonesia boosted gas supplies to the Jangkrik Floating Production Unit (FPU) in the Kutai Basin on Thursday, with production expected to increase to 750 million standard cubic feet per day (mmscfd) by November.Energy minister Bahlil Lahadalia…
Thailand's PTT Exploration and Production (PTTEP) and Eni have established an equally owned joint venture to hold their interests in the Ghasha gas development offshore Abu Dhabi.The new company, Seela Energies B.V., was established by PTTEP's…
TechnipFMC and BP have signed a memorandum of understanding (MoU) to explore cooperation on the supply of high-pressure subsea production systems for BP's Paleogene oil developments in the U.S. Gulf.The agreement, announced on October 20, establishes…
Finder Energy has signed a contract worth an estimated $42.3 million with Eneos Drilling for the Hakuryu-5 semi-submersible rig to drill three development wells at the Kuda Tasi and Jahal (KTJ) offshore oil project in Timor-Leste.The agreement covers the provision of the rig…
Offshore drilling contractor Transocean has secured contracts worth approximately $550 million for two ultra-deepwater drillships in the U.S. Gulf, covering a combined 15 wells and adding to the company's firm contract backlog.The contracts…
Vår Energi and Equinor have made a gas and condensate discovery at the Lakris prospect in the Norwegian Sea, with preliminary estimates indicating recoverable resources of between 1.3 million and 5.5 million barrels of oil equivalent (boe).The…
Turkey will send its first floating gas production platform to the Black Sea on Saturday, a move expected to roughly double output from its largest domestic gas field, Energy Minister Alparslan Bayraktar said on Thursday.The Osman Gazi platform is expected to begin production in early 2027…
Conrad Asia Energy has confirmed the arrival of the Valaris 104 jack-up rig at PaxOcean's shipyard in Batam in Indonesia, where it will be converted into a mobile offshore production unit (MOPU) for the Mako gas project in the West Natuna Sea…
Equinor and Dutch energy company Eneco have signed a five-year agreement for natural gas deliveries from the Norwegian continental shelf to the Netherlands, covering approximately 9 TWh of gas annually and including verified greenhouse gas emissions data…
DOF Group ASA announced the award of a significant contract with a North Sea operator for a subsea decommissioning campaign.The contract scope includes project management, engineering, offshore execution and disposal services for the removal…
OEG has been awarded a contract by Ørsted to supply temporary power for the construction of the Hornsea 3 offshore wind farm, covering offshore converter station commissioning and wind turbine installation and commissioning activities.Under the contract…
Ørsted has exercised a buyback right to acquire the remaining 49.9% stake in the Gunfleet Sands 1 & 2 offshore wind farm in the UK from its investment partners, paving the way for full ownership of the 172 MW asset.The company currently holds a 50…
Eni has signed two binding agreements to sell 10% interests in seven production sharing contracts (PSCs) in Indonesia to Pertamina and Medco, covering assets operated by its joint venture with Petronas.Under the first agreement, Eni will sell its 10% interests in the East Sepinggan…
Lamprell has signed an agreement with International Maritime Industries (IMI) to fabricate several offshore structures, including a production platform and jackets, at IMI's Ras Al-Khair facility in Saudi Arabia.The fabrication work forms part of an offshore engineering…