Offshore Asia News - page 2

 

Woodside Finds South Korean Partners to Advance LNG Value Chain

Jul 09, 2025

Woodside Energy has signed a non-binding memorandum of understanding (MoU) with Hyundai Engineering and Hyundai Glovis, establishing a strategic framework to collaborate on liquefied natural gas (LNG) project development, engineering services and shipping logistics…

Valeura Makes Progress with Multi-Well Drilling Campaign in Gulf of Thailand

Jul 08, 2025

Canada-based oil and gas company Valeura Energy has advanced its multi-well drilling campaign offshore Thaild, using Borr Drilling’s Mist jack-up rig.During the second quarter of 2025, Valeura mobilized Borr Drilling’s Mist jack-up drilling rig to Block G11/48…

PTTEP Hires Energy Drilling’s Rig for Southeast Asia Offshore Job

Jul 07, 2025

SED Energy Holdings, through its wholly owned subsidiary Energy Drilling, has signed a five-year contract with PTT Exploration and Production Public Company Limited (PTTEP) for an offshore drilling campaign using its tender-assist drilling rig…

Norwegian Firm Gets Electricity License for South Korean Offshore Wind Project

Jul 03, 2025

Norway-based company Deep Wind Offshore has secured the Electricity Business License (EBL) for the Admiral Lee offshore wind project in South Korea.The approval marks a major step forward for the 345 MW offshore wind project and highlights the…

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Jul 02, 2025

Offshore drilling contractor Shelf Drilling has secured a three-year contract for the J.T. Angel jack-up rig with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India.The total added contract value is approximately $40 million…

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

Jul 02, 2025

Offshore drilling contractor Borr Drilling has singed new contract commitments for four of its premium jack-up rigs, which are set for deployment in the Middle East, Southeast Asia and Mexico.The new awards have a combined duration of approximately 1…

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Jul 01, 2025

Malaysia’s oil and gas services Velesto has secured a drilling contract for its NAGA 5 jack-up drilling rig by PTTEP HK Offshore and PTTEP Sarawak Oil, collectively referred as PTTEP, for its 2025 - 2026 drilling campaign in Malaysia.Under the contract…

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Jul 01, 2025

Yinson Production has placed $1.168 billion project bond to refinance floating production, storage and offloading (FPSO) Maria Quitéria, which is operating under a 22.5-year lease and operate contract with Petrobras in the Jubarte field, offshore Brazil…

Triton Anchor Gets Patents for Floating Renewables Anchoring Tech

Jun 30, 2025

Triton Anchor has secured two patents in the United States for its proprietary offshore anchor and subsea deployment tool, with a notice of allowance for the anchor patent also received in Japan.These newly patented technologies mark an advancement in enabling low-cost…

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Jun 27, 2025

U.K. based energy firm Centrica and Thai state-owned oil and gas giant PTT Group have signed heads of agreement for a long-term liquefied natural gas (LNG) supply deal.Under the agreement, PTT will supply LNG to Centrica for a 10-year period across a range of destinations in Asia…

Japanese Firm Joins Floating Wind Demo off Spain

Jun 25, 2025

Electric Power Development Co. (J-POWER) has joined the WHEEL project, a floating offshore wind power demonstration project in Gran Canaria, led by Spanish firm Esteyco.In the demonstration project, a floating offshore wind turbine, rated at 6…

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Jun 25, 2025

Vietnam National Industry - Energy Group (Petrovietnam) and its joint venture partners officially signed the Product Sharing Contract (PSC) for Block 15-1 in the southern continental shelf of Vietnam.Block 15-1 is one of the oil and gas blocks…

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Jun 25, 2025

China has begun construction of a new structure in waters between China and Japan in the disputed East China Sea, the Japanese foreign ministry said on Tuesday, adding it has lodged a protest with China.The ministry said in a statement 'it is…

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

Jun 24, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has signed production and exploration contract with Ministry of Energy of the Republic of Kazakhstan and state-owned operator KazMunayGas (KMG) for Zhylyoi Subsoil Area…

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Jun 24, 2025

Thai state-owned oil and gas giant PTT Group signed an agreement to procure 2 million metric tons of liquefied natural gas per annum from Glenfarne's Alaska LNG project over a 20-year term, Glenfarne said late on Monday.PTT said it was further…

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