Java Offshore News

 

Petronas, Inpex Secure Oil and Gas Exploration Rights off Indonesia

May 22, 2025

Petronas Energy Serpang, in association with Inpex and EO Serpang (EOS), have jointly been awarded rights to explore the Serpang Working Area located offshore Eastern Java in Indonesia.The award comes as part of the second Indonesia Petroleum Bidding Round 2024 hosted by the Ministry of Energy and Mineral Resources of Indonesia.Japan’s Inpex through its subsidiary, Inpex Serpang, signed a Production…

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Apr 16, 2025

Indonesia awarded five oil and gas blocks to companies, its energy ministry said on Wednesday, as it attempts to replenish its oil and gas reserves and improve its energy security.Over the coming years, the government plans to offer nearly 60…

Petronas Greenlights Hidayah Field Development Off Indonesia

Jan 10, 2025

PC North Madura II, a subsidiary of Malaysia’s state-owned oil firm Petronas, has reached the Final Investment Decision (FID) for the development of the Hidayah field, located offshore Indonesia.The development plan encompasses the drilling of oil production wells…

JDR Secures Cabling Work at Coastal Virginia Offshore Wind Project

Dec 03, 2024

JDR Cable Systems (JDR), the global subsea cable and umbilical supplier and service provider, has secured a significant contract by DEME Offshore to support Dominion Energy's Coastal Virginia Offshore Wind (CVOW) project.JDR's comprehensive…

Türkiye Offshore Wind Roadmap Outlines Up to 7GW Potential by 2040

Nov 08, 2024

World Bank Group, in collaboration with the Republic of Türkiye’s Ministry of Energy and Natural Resources, has launched a new roadmap today which outlines the opportunities and challenges to deliver viable offshore wind projects in Türkiye…

Developers Submit Two New Proposals for New York’s Offshore Wind Solicitation

Sep 10, 2024

Vineyard Offshore and Community Offshore Wind have submitted proposals to the New York State Energy Research and Development Authority (NYSERDA) to develop two offshore wind projects as part of the state’s fifth solicitation round.Vineyard Offshore…

Esgian Week 20 Report: Update on Saudi Suspensions

May 19, 2024

Esgian provides an update on Saudi suspensions in its Week 20 Rig Analytics Market Roundup.Report SummaryContractsDrilling contractor Arabian Drilling confirmed that the suspension of three contracts for its jackups with Saudi Aramco have yet…

Indonesia Offers Five Oil and Gas Blocks, Pledges to Boost Exploration

May 14, 2024

Indonesia launched its first oil and gas auction this year offering five blocks on Tuesday, while the government pledged to boost exploration in an effort to reverse output declines in a country that was once a net oil exporter.'To meet oil and gas demand…

MOL Puts FSRU for Indonesia's Jawa 1 LNG Power Plant Into Operation

Apr 05, 2024

Mitsui O.S.K. Lines (MOL) has started commercial operation of the floating storage and regasification unit (FSRU) Jawa Satu for the Jawa 1 LNG-fired power plant in Indonesia.MOL owns the FSRU through PT Jawa Satu Regas (JSR), jointly established by PT Pertamina (Persero)…

Esgian Week 11 Report: New Discoveries in UK and Namibia

Mar 17, 2024

Esgian reports that drilling contracts have been announced this week for operations in Brazil and the Philippines, and new discoveries have been confirmed in the UK and Namibia in its Week 11 Rig Analytics Market Roundup.ContractsCOSL Drilling…

Esgian Week 1 Report: Rig Swaps and Indian Acreage

Jan 08, 2024

As is tradition, the first week of January is generally quiet in the offshore market. However, Esgian reports that there were still some noteworthy updates related to new contracts, drilling activities, and rig moves.ContractsAfter a bidding…

Petronas Secures 20-Year Extension for Java Sea Operations

Jan 04, 2024

Petronas, through its subsidiary PC Ketapang II, has secured a 20-year extension of the Production Sharing Contract (PSC) for the Ketapang Working Area, located in the Java Sea.Due to expire in 2028, the Ketapang PSC extension was officially…

Indonesia Moves Ahead with CCS Talks with US Oil Majors, Eyes Petrochemical Project

Nov 14, 2023

Indonesia's state energy company Pertamina and U.S. oil majors Exxon Mobil and Chevron Corp. are moving ahead with their discussions to invest in carbon capture facilities, while Exxon eyes a petrochemical project in the country.Pertamina and…

Indonesia Scrambles to Boost Use of Gas in Energy Transition

Sep 05, 2023

Natural gas will play a key role in Indonesia's energy transition, thanks to discoveries in past years as oil production declines, energy official Tutuka Ariadji said on Tuesday.The southeast Asian nation, which is stepping up development of gas projects such as Masela…

How Floating Solar Panels Could Power Future Population Hotspots

Aug 04, 2023

Vast arrays of solar panels floating on calm seas near the Equator could provide effectively unlimited solar energy to densely populated countries in Southeast Asia and West Africa.Our new research shows offshore solar in Indonesia alone could generate about 35…

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