Industry News


Woodside Inks 15-Year LNG Supply Deal with Petronas

Sep 10, 2025

Woodside Energy has signed a sale and purchase agreement (SPA) with Petronas for the supply of 1 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) to Malaysia from 2028 for a period of 15 years.The milestone marks the successful…

Floating Offshore Wind Test Center Planned for Japan

Sep 10, 2025

Japan aims to start planning a national floating wind test centre next year, a senior industry official said, vowing to pursue a path of wind power growth despite a recent setback when Mitsubishi quit three projects.Mitsubishi-led consortia 8058…

Synergy Marine Group Completes Conversion of LNG Vessel to FSRU

Sep 10, 2025

Synergy Marine Group, in partnership with Karpowership, has completed the conversion of a 125,000 m3 liquefied natural gas (LNG) carrier into a floating storage and regasification unit (FSRU), the Karadeniz LNGT Powership Americas.The vessel was delivered at Seatrium’s Admiralty Yard in Singapore…

Vantage Drilling Confirms Deal for Platinum Explorer Drillship

Sep 10, 2025

UAE-based offshore drilling contractor Vantage Drilling has signed the contract for its ultra-deepwater drillship Platinum Explorer.Operations with an undisclosed client for the approximately 260-day campaign, inclusive of mobilization and demobilization time…

Halliburton Unveils Electro-Hydraulic Control System to Boost Reservoir Recovery

Sep 10, 2025

Halliburton has launched the Turing electro-hydraulic control system, the next generation of SmartWell intelligent completions technology, designed to improve reservoir recovery and reduce well count.The Turing electro-hydraulic control system…

Jotun FPSO Reaches Peak Production Ahead of Schedule

Sep 10, 2025

Norwegian oil and gas company Vår Energi has informed that the Jotun floating production, storage and offloading (FPSO) unit, deployed at the Balder field in the North Sea, reached peak production ahead of schedule.The Jotun FPSO is now producing…

Petronas Plans Fourth Well Drilling Op off Suriname for Early 2026

Sep 10, 2025

Malaysia's oil and gas producer Petronas plans to drill a fourth well by the first quarter next year at offshore Block 52 in Suriname, the government and state company Staatsolie said.Petronas, which has discovered gas reserves in the block…

UK's Serica Energy Trims 2025 Production Outlook

Sep 10, 2025

Britain's Serica Energy cut its 2025 production outlook on Wednesday, after a hit from a temporary slowdown in output at the Triton floating production storage and offloading vessel, sending its shares down nearly 14%.Serica said production…

Petrobras Completes Test in Offshore Oil Area Ahead of Environmental Assessment

Sep 09, 2025

Brazil's President Luiz Inacio Lula da Silva said on Tuesday that environmental agency Ibama should be satisfied with the results of an emergency drill done by state-run oil firm Petrobras in the country's Foz do Amazonas basin, ahead of Ibama's official assessment…

Green Party Norway Pushes Oil Phaseout

Sep 09, 2025

In Norway, made rich by oil and gas, the idea of shutting fields sends chills, but that is exactly what the small Green Party is pushing as a global switch away from fossil fuels looms.And it's a demand with greater meaning after Monday's election…

ABS Approves MODEC’s Offshore LCO2 Storage and Injection Unit

Sep 09, 2025

ABS has granted approval in principle to a liquefied carbon dioxide (LCO2) floating storage and injection unit (FSIU) designed by MODEC in collaboration with Mitsui OSK Lines (MOL).Tailored to the growing demands of the global carbon capture…

PTTEP Hires McDermott for Deepwater Subsea Job off Malaysia

Sep 09, 2025

McDermott has secured a large offshore subsea contract by PTTEP Sabah Oil Limited (PTTEP) for the Block H gas field expansion project, located offshore Sabah in East Malaysia, covering the Alum, Bemban and Permai deepwater fields.Under the scope of the contract…

Yinson Production Finds Carbon Capture Solutions Partner

Sep 09, 2025

Yinson Production has entered into a cooperation agreement with Carbon Circle to explore and deliver carbon capture projects as part of its broader carbon capture and storage (CCS) solutions.Under this agreement, the parties will focus on developing…

TotalEnergies Inks 10-Year LNG Supply Deal with South Korea’s KOGAS

Sep 09, 2025

TotalEnergies and KOGAS, South Korea’s national natural gas company, have signed a Heads of Agreement (HoA) for the annual delivery in South Korea of 1 million tons (Mt) of LNG per year over a 10-year period starting from the end of 2027.Awarded…

Panoro Energy Hires Ex-Perenco Senior as COO and President

Sep 09, 2025

Oslo-listed oil and gas company Panoro Energy has appointed Eric d'Argentré as its new Chief Operating Officer and President.D'Argentré has extensive expertise in operations, drilling, field development, HSE and project delivery having held…

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