Offshore Natural Gas News - page 4

 

Eni and Petronas Launch Southeast Asia Gas Joint Venture Searah

Jun 08, 2026

Eni and Petronas have officially established Searah, a new 50/50 joint venture combining selected businesses across Indonesia and Malaysia, creating what has been described as Southeast Asia's largest independent integrated energy company.The…

Conrad Secures Drilling Rig for Mako Gas Field off Indonesia

Jun 05, 2026

Conrad Asia Energy, via its subsidiary West Natuna Exploration Limited (WNEL), has signed a binding contract with PT Pertamina Drilling Services Indonesia through the PDSI–ADES Consortium for the provision of a jack-up drilling rig to support development of the Mako gas field offshore Indonesia…

Northern Lights Expands LCO2 Fleet with Vessel Charter for MISC, K Line

Jun 03, 2026

Northern Lights JV has awarded a consortium comprising Kawasaki Kisen Kaisha (“K' LINE) and Malaysia's MISC Berhad a time charter contract for a newly built 12,000 cubic meter liquefied CO2 (LCO2) carrier, supporting the expansion of Europe's carbon capture and storage (CCS) infrastructure…

Indonesia Targets Higher Oil and Gas Output in 2027

Jun 03, 2026

Indonesia's upstream oil and gas regulator SKK Migas told a parliamentary hearing on Wednesday that it will aim to lift 612,500 barrels of oil per day (bpd) and 5,469 million standard cubic feet per day (mmscfd) of gas next year.Indonesia's…

Dolphin Drilling Signs Multi-Year Contract for Borgland Dolphin

Jun 02, 2026

Dolphin Drilling has announced the contract fixture of its semi-submersible drilling rig Borgland Dolphin with an undisclosed operator in the UK, which represents approximately $239 million in firm contract backlog.The contract is scheduled to commence in the second half of 2027…

Apollo’s Floating Wind Quick Connector Gets Closer to Commercial Rollout

Jun 02, 2026

Apollo has received an Approval in Principle (Level 2) from Bureau Veritas for its PALM Quick Connection System (QCS), a technology designed to simplify the connection and disconnection of dynamic cables from floating offshore wind turbines…

Weatherford Strikes Deal to Acquire NCS Multistage

Jun 01, 2026

Energy services company Weatherford has entered into a definitive agreement to acquire NCS Multistage Holdings in a transaction aimed at expanding its well completions portfolio and increasing exposure to unconventional resource markets.Under the agreement…

BP Launches Gas Production at Azerbaijan’s Giant ACG Field

Jun 01, 2026

BP and its partners have started non-associated gas (NAG) production at the Azeri-Chirag-Gunashli (ACG) field offshore Azerbaijan, marking the first commercial gas production from one of the world's largest oil-producing fields.The initial gas…

Oil Jumps Over 3% After US-Iran Exchange Attacks

Jun 01, 2026

Oil prices rose more than 3% on Monday after Iran and the U.S. traded strikes and Israel ordered troops to move further into Lebanon in its battle with Tehran-backed Hezbollah.U.S. crude futures CLc1 rose $2.88 or 3.3% to $90.24 a barrel as of 0701 GMT…

Engineering for Extremes (II): Accuracy & Efficiency in Offshore Drilling

May 31, 2026

Accurate, immediate data while drilling is central to efficient, effective outcomes. Tronics Microsystems earlier this year introduced its inertial sensor portfolio with the launch of the AXO315 T1, a high-temperature digital accelerometer designed for energy sector drilling applications…

Equinor Taps DeepOcean for Norwegian Continental Shelf Subsea Work

May 28, 2026

DeepOcean has been awarded a subsea contract package by Equinor covering multiple fields on the Norwegian continental shelf, including projects in the North Sea and Barents Sea, with offshore work planned across the 2027-28 seasons.The contract…

Baker Hughes Expands Integrated Well Construction Contract with Petrobras

May 26, 2026

Baker Hughes announced Tuesday a major contract extension with Petrobras to provide integrated solutions for well construction across Brazil’s Santos Basin.Baker Hughes will expand the company’s comprehensive well construction operations in several of the basin’s oilfields…

Bangladesh Offers Sweetened Terms in Offshore Tender

May 24, 2026

Bangladesh launched an international tender on Sunday for oil and gas exploration in 26 offshore blocks in the Bay of Bengal, offering more attractive terms to foreign companies as it seeks to tackle worsening domestic gas shortages and reduce reliance on costly LNG imports…

Denmark Receives Offshore Wind Bids as Tender Scheme Rebounds

May 22, 2026

Denmark has received bids for two offshore wind areas in the North Sea and Kattegat designated for at least 1.8 GW of offshore wind capacity, the Danish Energy Agency has informed.The bids cover the Nordsøen Midt (Central North Sea) and Hesselø offshore wind areas…

Eni Inks Long-Term Indonesia LNG Supply Agreements

May 22, 2026

Eni has signed three long-term agreements with the liquefied natural gas (LNG) sellers of the South Hub and North Hub gas projects in Indonesia to purchase LNG, strengthening its global LNG portfolio and expanding supply from the Southeast Asian country…

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