Diamond Energy Sarawak News

 

Asia Pacific Upstream 2026: Offshore Projects Ramp Up as Frontier Drilling Returns

Mar 02, 2026

Asia Pacific’s upstream sector heads into 2026 with a combination of near-term project delivery and high-impact frontier drilling. A wave of large offshore gas schemes is moving towards FID or first production, just as a new set of wildcats tests unproven deepwater plays. Together, they will shape regional energy security and LNG feedgas availability into the 2030s.After years of investment, flagship oil and gas projects are now approaching start-up…

Seadrill Appoints New CEO

Mar 13, 2026

Offshore drilling contractor Seadrill has appointed Samir Ali as its new chief executive officer (CEO).Effective immediately, Samir Ali will step up from its Executive Vice President, Chief Commercial Officer (CCO) position to its new role, succeeding Simon Johnson…

Panoro to Bid in Equatorial Guinea Oil and Gas Auction after Block G Boost

Feb 27, 2026

Africa-focused Panoro Energy will take part in Equatorial Guinea's oil and gas auction in April as it hunts for new assets after increasing its stake in the country's offshore Block G, its executive chairman said on Friday.Panoro this week acquired an additional 40…

Nam Cheong Hooks $64.5M Deal to Build Four OSVs

Feb 24, 2026

Malaysia-based offshore support vessel (OSV) builder Nam Cheong has secured shipbuilding contracts worth $64.5 million from a UAE-based global energy maritime logistics company for the construction of four offshore support vessels, marking its first newbuild contract win in over a decade…

DUG Hooks Multi-Client Seismic Reprocessing Survey off Malaysia

Feb 16, 2026

DUG Technology, in partnership with Searcher Seismic, has signed an agreement for the provision of multi-client 3D seismic data reprocessing offshore East Sarawak.Under the terms of the agreement, DUG and Searcher will reprocess previously acquired…

Malaysia Offers Nine Exploration Blocks in 2026 Bid Round

Feb 11, 2026

Malaysia’s Petronas, through Malaysia Petroleum Management, has launched the Malaysia Bid Round 2026, offering nine exploration blocks and six discovered resource opportunities in a move aimed at strengthening Malaysia’s position as an upstream investment hub…

Nam Cheong Sells 3,000 DWT Platform Support Vessel for $19.8m

Jan 27, 2026

Nam Cheong Limited, one of Southeast Asia’s leading Offshore Support Vessel (OSV) providers based in Sarawak, Malaysia, has announced that the Group has entered into a sales agreement with an Indonesian customer to sell one 11-year-old 3,000…

TotalEnergies Sells Stake in Malaysia’s Block to Thailand’s PTTEP

Dec 16, 2025

TotalEnergies has closed an agreement to divest to PTTEP an indirect interest of 9.998% in block SK408 in Malaysia.TotalEnergies will keep a 30.002% interest in block SK408 and the operatorship. The block is a major gas development, contributing to Malaysia’s energy security…

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…

Canada Joins LNG Export Nations as First Cargo Sets Sail

Jul 01, 2025

LNG Canada has loaded the first cargo of liquefied natural gas that is now destined for global markets, marking the start of operations at Canada’s first large-scale LNG export facility.Located in Kitimat, British Columbia, the LNG Canada facility…

ENEOS Gets Extension for Gas Block off Malaysia

Jun 20, 2025

Japan’s ENEOS Xplora, through its subsidiary ENEOS Xplora Malaysia, has signed an extension of production sharing contract (PSC) with Petronas for a block located off the coast of Sarawak in Malaysia.The PSC extension is for the block SK10 and will run for ten years…

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

Jun 19, 2025

Idemitsu Kosan Co has acquired interests in two oil and gas blocks located off the coast of Sarawak in Malaysia from South Korean SK earthon, and signed production sharing contracts (PSC) for the developments.The acquired interests are for the Block SK427…

BW Opal FPSO Arrives to Santos' Barossa Gas Field off Australia

Jun 19, 2025

BW Opal floating production, storage and offloading (FPSO) unit, operated by BW Offshore, has arrived at Santos’ Barossa gas field, marking a critical milestone on the path to first gas in the third quarter of 2025.Since its arrival, on June 15…

Shell Expects to Bank On LNG Exporters Turning Into Importers

May 23, 2025

Energy major Shell expects several traditional LNG exporter nations to turn into net importers, driving demand for the super chilled fuel and potentially easing concerns that the industry faces oversupply from a raft of planned new projects…

Green Marine Poised for Growth Alongside Potential UK Marine Energy Surge

May 13, 2025

Green Marine UK is poised for growth as one of the most experienced players in the UK’s rapidly expanding marine energy sector, as studies underscore the potential of wave and tidal technologies.With a track record delivering complex marine operations…

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