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Orsted Favors Increasing Investments in Taiwan, South Korea

Jun 16, 2025

Orsted, the world's biggest offshore wind developer, will increase investment in Taiwan and South Korea where it has already been awarded projects, instead of expanding to new markets in Asia, a senior company official told Reuters on Monday…

Japan Energy Expo '25 Opens this Week

Jun 16, 2025

JERA’s major U.S. LNG supply deal sets the stage for Japan Energy Summit & Exhibition 2025, taking place 18 – 20 June in Tokyo, with live commentary expected from JERA’s Global CEO and METI during the Opening Ceremony.The Strategic Summit will feature top executives from Shell…

Chuditch Gas Field Drilling Ops Get Delayed to Next Year

Jun 16, 2025

Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has pushed back the drilling of appraisal well Chuditch-2, offshore Timor-Leste, for the first half of 2026.Chuditch-2 appraisal well on…

Aramco CEO: Realism Must Anchor Global Energy Transition, Especially in Asia

Jun 16, 2025

Aramco President & CEO Amin H. Nasser used his address at Energy Asia 2025 to deliver a pointed message: the global energy transition must be rebalanced with pragmatism, especially for fast-growing regions like Asia that are still heavily reliant on conventional energy…

French Oil Major Acquires Interests in Multiple Blocks in Southeast Asia

Jun 16, 2025

TotalEnergies has acquired interests from Petronas in multiple blocks offshore Malaysia and in one block offshore Indonesia, where exploration, appraisal and development programs will be progressed.The licenses, which are all in different maturation stages…

SMST Books Equipment Order for LDA’s Newbuild SOVs

Jun 16, 2025

Dutch offshore equipment supplier SMST has been selected by Louis Dreyfus Armateurs (LDA) for the delivery of two sets of mission equipment, with an option for a third set, for service operation vessels (SOVs) ordered by Vattenfall.The Telescopic Access Bridges (TAB-L1)…

EIB Pledges $1.8B for Span-France Bay of Biscay Interconnector

Jun 16, 2025

The European Investment Bank (EIB) has allocated $1.84 billion to finance the construction of the Bay of Biscay electricity interconnection between Spain and France.The EIB financing for the Bay of Biscay project takes the form of loans to Spanish…

EnBW, DHL Group Ink PPA for He Dreiht Offshore Wind Farm

Jun 16, 2025

EnBW Energie Baden-Württemberg (EnBW) and Bonn-based DHL Group have signed a power purchase agreement (PPA) for the electricity that will come from the 960MW He Dreiht offshore wind farm, currently under construction off Germany.The long-term…

Nigerian Firm Orders HydroSurv’s Hybrid USV for Offshore Survey Ops

Jun 16, 2025

Geodetic Offshore Services Limited (GOSL) has acquired REAV-47 uncrewed surface vessel (USV) from HydroSurv, which will be used for hydrographic and geophysical survey operations in Nigeria.The sale marks the HydroSurv’s first delivery to Nigeria…

Mermaid Subsea Wraps Up North Sea Well Intervention Job

Jun 16, 2025

Mermaid Subsea Services (UK) has completed a well intervention on the Teal P2 well in the Central North Sea for Anasuria Operating Company (AOC).Executed from the Island Valiant vessel, the operation was carried out on behalf of Anasuria Operating Company (AOC)…

Israeli Leviathan Gas Field Halts Production Amid Conflict with Iran

Jun 16, 2025

Israeli government has ordered Chevron’s subsidiary Chevron Mediterranean to halt production at its operated Leviathan offshore natural gas project amid security concerns related to the escalation of conflict with Iran.The Minister of Energy…

ADNOC-Led Consortium Makes $18.7B Bid to Buy Australia’s Santos

Jun 16, 2025

Australia's second-largest gas producer Santos said on Monday it intended to support an all-cash $18.7 billion takeover bid from an international consortium led by Abu Dhabi's National Oil Company (ADNOC), which wants to grow a global gas business…

TotalEnergies Grows US Oil and Gas Portfolio with Chevron Deal

Jun 16, 2025

TotalEnergies has entered 40 Chevron-operated exploration blocks, growing its portfolio of U.S. offshore oil and gas assets.TotalEnergies has acquired a 25% working interest in a portfolio of exploration leases offshore U.S. from Chevron, which acts as the operator…

Commodity Report: Meeting Oil Demand a Challenge if Israel Hits Iran Oil

Jun 13, 2025

Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days this week.After Israel attacked Iran and Tehran pledged to retaliate, oil prices jumped as much as 13% to their highest…

Egypt Halts Fertilizer Production In Light of Israeli Gas Disruptions

Jun 13, 2025

Egyptian fertilizer producers were forced to halt operations on Friday due to a drop in natural gas imports from Israel, industry sources told Reuters.They said major Israeli gas fields had suspended operations following Israel's military strikes…

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