Offshore Asia News


Japan’s JERA Signs First Long-Term LNG Deal with India’s Torrent Power

12 hours ago

Japan’s JERA, the country’s largest power producer, has signed its first long-term liquefied natural gas (LNG) supply agreement outside Japan with India’s Torrent Power.Under the 10-year deal beginning in 2027, JERA will supply four LNG cargoes a year…

India's ONGC Set to Retain 20% stake in Russia's Sakhalin-1 Project

12 hours ago

India's Oil and Natural Gas Corp (ONGC) will pay into Russia's Sakhalin-1 oil and gas field abandonment fund in roubles, using Indian companies' frozen dividends to retain its 20% stake in the project, three sources familiar with the matter said…

Eni Expands Asian Footprint with Long-Term LNG Contract in Thailand

Dec 05, 2025

Eni has signed a long-term LNG sales agreement with Thailand’s Gulf Development Company, expanding its presence in Asian gas markets and advancing its plan to build a diversified global liquefied natural gas (LNG) portfolio.Under the 10-year contract…

Finder Energy Buys Petrojarl I FPSO for Timor-Leste Oil and Gas Projects

Dec 04, 2025

Finder Energy has agreed to acquire the Petrojarl I floating production, storage and offloading (FPSO) vessel from Amplus Energy for $15 million in cash and shares, in a move the company said will accelerate development of its Kuda Tasi and Jahal (KTJ) oil fields project…

LSP Renewables Gets CIP’s Offshore Wind Contract in Taiwan

Dec 03, 2025

LSP Renewables has secured a contract with CIP to supply client representatives and marine coordinators for the Fengmiao 1 offshore wind farm.The 495 MW project, off the coast of Taichung, will feature 33 Vestas V236 15.0 MW turbines and will…

CNOOC Puts New South China Sea Development Into Production Mode

Dec 03, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production from the Weizhou 11-4 oilfield adjustment and satellite fields development project in South China Sea.The project is located in the Beibu Gulf Basin…

Seatrium Launches Arbitration Against Maersk Over WTIV Contract Termination

Dec 01, 2025

Seatrium has issued a notice of arbitration against an affiliate of Maersk Offshore Wind, escalating a dispute over the termination of a contract for a wind turbine installation vessel (WTIV) intended for the Empire Wind 1 project in the United States…

Strategic Marine ​​​​​Hands Over Two Crew Boats to NMDC LTS

Dec 01, 2025

Strategic Marine has delivered two 42-metre next-generation fast crew boats to NMDC LTS, marking the company’s first vessel delivery to the Middle East offshore services provider.The Generation 4 aluminium vessels were developed in partnership…

ADES Nets $63M Contract for Compact Driller Jack-Up off Brunei

Dec 01, 2025

ADES Holding has secured a two-year contract through its subsidiary Shelf Drilling for the Compact Driller standard jack-up with Brunei Shell Petroleum, a joint venture between the Brunei government and Shell.The Compact Driller deal mars ADES…

Mubadala Energy, PLN Energy Primer Team Up for Andaman Sea Gas Supply

Dec 01, 2025

Mubadala Energy and PLN Energi Primer Indonesia (PLN EPI) have signed a heads of agreement to supply gas from the Andaman Sea as part of efforts to strengthen Indonesia’s energy security.The agreement establishes a framework for supplying cleaner…

Lebanon and Cyprus Clear Path for Gas Exploration with Maritime Border Deal

Nov 26, 2025

Lebanon and Cyprus signed a long-awaited maritime demarcation deal on Wednesday, paving the way for potential exploration of offshore gas fields and energy cooperation in the Mediterranean.Lebanese President Joseph Aoun and Cypriot President…

BP Hires Seatrium to Deliver Tiber FPU in Gulf of America

Nov 26, 2025

Seatrium has secured a contract from BP for the engineering, procurement, construction and onshore commissioning of the Tiber floating production unit (FPU) in the Gulf of America.The Tiber FPU marks Seatrium’s second consecutive deepwater project for BP…

Venture Global, Tokyo Gas Ink 20-Year LNG Supply Deal

Nov 26, 2025

U.S.-based Venture Global and Japan’s Tokyo Gas have signed a new long-term liquefied natural gas (LNG) sales and purchase agreement (SPA).Under the SPA, Tokyo Gas will procure 1 million tonnes per annum (MTPA) of LNG from Venture Global for 20 years…

Greater Sunrise Moves to Next Phase with Timor-Leste, Woodside Deal

Nov 25, 2025

Timor-Leste’s Ministry of Petroleum and Mineral Resources and Woodside Energy have signed a cooperation agreement to advance studies for a Timor-based liquefied natural gas (LNG) development concept for the long-stalled Greater Sunrise fields…

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