Offshore Asia News - page 4


QatarEnergy Inks 17-Year LNG Supply Deal with India’s GSPC

Oct 29, 2025

QatarEnergy has signed a 17-year sales and purchase agreement (SPA) with Gujarat State Petroleum Corporation (GSPC) for the supply of up to 1 million tons per annum (MTPA) of liquefied natural gas (LNG) to the Republic of India.Pursuant to the terms of the SPA…

IX Renewables, Asia Cement Corp Team Up for Floating Wind Scheme off Taiwan

Oct 29, 2025

IX Renewables and Asia Cement Corporation (ACC) have signed a cooperation agreement for the Rui Li 1 floating offshore wind project in Tawian.Located deep waters off Hsinchu, the Rui Li 1 floating wind farm will have a planned installed capacity of 180 MW…

BP Taps Oceaneering, SLB for First Riserless Well Intervention in Caspian Sea

Oct 29, 2025

BP has awarded Oceaneering International and SLB multi-million dollar contracts to support a multi-well subsea intervention campaign at the Azeri-Chirag-Deepwater Gunashli (ACG) oil field in the Caspian Sea, marking the first use of riserless…

Pertamina Joins Petronas in Ultra-Deepwater Asset off Indonesia

Oct 27, 2025

Malaysia’s state energy firm Petronas has signed a farm-out agreement with its Indonesian counterpart Pertamina for the share of its ultra-deepwater Bobara production sharing contract (PSC), offshore Indonesia.Under the agreement, Pertamina will hold a 24…

Fugro Wraps Up Geotech Survey for Orsted’s OW Project in South Korea

Oct 23, 2025

Fugro UST21 has completed offshore geotechnical site investigations for Ørsted’s 1.4 GW Incheon offshore wind project in Incheon, South Korea.The project, located approximately 70 km off the coast, is set to become the largest offshore wind…

China’s Ming Yang Unveils Plans for 50MW Ultra-Large Floating Wind Turbine

Oct 23, 2025

China’s Ming Yang Smart Energy has officially announced its new medium-speed, compact semi-direct drive product line, and the OceanX platform’s 50 MW ultra-large floating wind turbine, pushing the global single-unit capacity record to a new high…

Velesto, ICON Engineering Team Up for Rig-Installed Wellhead Platforms

Oct 23, 2025

Malaysia’s oil and gas services firm Velesto and ICON Engineering have signed an agreement to deliver Rig-Installed Wellhead Platforms (RIWHPs) for offshore oil and gas developments in Malaysia.The agreement brings together Velesto’s track record…

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Oct 22, 2025

Malaysia’s state energy firm Petronas has signed a memorandum of understanding (MoU) with Oman’s OQ Exploration and Production New Ventures (OQEP) to jointly explore oil and gas opportunities across the Middle East and Southeast Asia.The agreement…

Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

Oct 22, 2025

The development of a 2,000-megawatt offshore wind energy project linking Vietnam, Malaysia, and Singapore is expected to complete its first phase by 2034, Malaysia's Energy Minister said on Wednesday.Fadillah Yusof said during a session of parliament…

Seatrium, Maersk Offshore Wind Head to Arbitration Over $475M WTIV Dispute

Oct 22, 2025

Singapore’s Seatrium has received a notice of arbitration from Maersk Offshore Wind’s affiliate, regarding the dispute over the termination of a $475 million contract for a nearly completed wind turbine installation vessel (WTIV) originally…

Vantris Energy Dives Deeper in Saudi Oil Market with Aramco Deal

Oct 21, 2025

Malaysian oil-services company Vantris Energy, formerly Sapura Energy, has through its joint venture company Rawabi Sapura (Rawabi JV) secured a seven-year contract to provide diving support services for Aramco in Saudi Arabia, starting from 2027…

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Oct 21, 2025

U.K.-based Pharos Energy, an independent energy company with assets in Vietnam and Egypt, has started a six-well drilling campaign offshore Vietnam designed to lift production from two of its existing fields and open new development opportunities…

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

Oct 21, 2025

Viridien, in partnership with Malaysia Petroleum Management (MPM), a unit of Petronas, is finalizing an integrated geological study aimed at uncovering new exploration opportunities in the underexplored Langkasuka Basin in the Malacca Strait…

Delivery of Next-Gen Subsea Vessel from Turkish Shipyard Hits Delay

Oct 21, 2025

The delivery of the next-generation construction support vessel (CSV), under construction at Turkish Sefine Shipyard for Norway’s Eidesvik Offshore and Agalas, has been delayed for later in 2026.The delivery of the CSV, which will feature a…

Russia’s Arctic LNG 2 Loads Another Tanker

Oct 21, 2025

A liquefied natural gas tanker has left Russia's Arctic LNG 2 after loading a cargo there, according to data compiled by LSEG and analytics firm Kpler, as the project continues output despite Western sanctions over Moscow's war in Ukraine.The…

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