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Offshore Asia News - page 3

 

MISC Secures Long-Term Charter for Papua New Guinea's First FSO

Feb 19, 2026

Malaysia’s MISC has secured long-term bareboat charter and operations and maintenance contracts with ExxonMobil PNG (EMPNG) for Papua New Guinea’s first floating storage and offloading (FSO) unit.The contracts comprise a firm 15-year charter with extension options of up to an additional 15 years…

Akita Offshore Wind Build Progresses as JERA Defies Cost Pressures

Feb 19, 2026

Japan's top power generator JERA has begun construction of its offshore wind project in Akita, northern Japan, and is on schedule for a 2028 start-up, President Hisahide Okuda said on Wednesday.The move comes despite soaring material and construction costs…

Dolphin Drilling, Vantris Ink Marketing Deal for Blackford Dolphin Semi-Sub

Feb 18, 2026

Dolphin Drilling Offshore, a wholly owned subsidiary of Dolphin Drilling, and Sapura Drilling Asia, a wholly owned subsidiary of Vantris Energy, have entered into a marketing agreement for the semi-submersible drilling unit Blackford Dolphin…

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…

MISC, PTSC Extend Ruby II FPSO Operations Offshore Vietnam

Feb 16, 2026

MISC, through its joint venture Vietnam Offshore Floating Terminal (Ruby) (VOFT), has secured a contract for the Ruby II floating production, storage and offloading (FPSO) unit with Petrovietnam, extending the unit’s lease, operation and maintenance until the end of 2027…

Petronas Takes Operatorship of Oman’s Offshore Block 18

Feb 13, 2026

Petronas has signed a concession agreement with the Government of the Sultanate of Oman and OQ Exploration and Production Batinah Offshore (OQEP) for exploration activities in offshore Block 18, expanding its international upstream portfolio…

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Feb 12, 2026

SLB has secured multiple offshore drilling services contracts by Mubadala Energy for the Tangkulo natural gas deepwater development and associated exploration and appraisal activities in the Andaman Sea offshore Indonesia.The contracts cover…

NOV’s GustoMSC to Design Korea’s Wind Turbine Installation Vessel

Feb 12, 2026

GustoMSC, through its parent company NOV, has secured contracts for the design and supply of critical equipment for Hanwha Ocean’s new wind turbine installation vessel (WTIV), based on the GustoMSC NG-16000X design, with delivery scheduled for the second quarter of 2028…

SIT, Seatrium Launch Offshore and Marine Digital Learning Lab

Feb 11, 2026

The Singapore Institute of Technology (SIT) and offshore and marine engineering group Seatrium have launched an Offshore & Marine Digital Learning Lab at SIT’s Punggol Campus, aimed at accelerating maritime digitalization and supporting the energy transition…

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…

Malaysia Oil and Gas Projects Advance with Petronas' PSC and Farm-Out Deals

Feb 10, 2026

Malaysia’s Petronas has strengthened upstream collaboration in Sabah through a new oil and gas production sharing contract (PSC) award and an equity transfer agreement involving state-linked partners.Petronas Carigali, a wholly owned subsidiary of Petronas…

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

Feb 10, 2026

Offshore drilling contractor Vantage Drilling has secured a contract with Oil and Natural Gas Corporation (ONGC) for its ultra-deepwater drillship Platinum Explorer for operations off India.The binding Notification of Award (NoA) from ONGC comes…

Cadeler’s Nexra Lines Up O&M Campaign in Taiwan

Feb 09, 2026

Nexra, Cadeler’s dedicated service concept, has signed a firm contract for the execution of an offshore wind operations and maintenance (O&M) campaign in Taiwan.The contract, with an undisclosed client, has an expected value exceeding $23.6…

EnQuest Secures Extension for Vietnam's Offshore Block

Feb 09, 2026

EnQuest has been grated a four-year extension to the Block 12W production sharing contract by PetroVietnam.The extension, granted on the contract’s existing terms, runs until July 2034 and allows EnQuest and its partners to continue development activities across Block 12W…

Construction Starts on Nederwiek 2 Offshore Wind Grid Platform

Feb 06, 2026

Seatrium, GE Vernova and transmission system operator TenneT have marked the strike steel for the Nederwiek 2 offshore platform, the third platform under TenneT’s 2 GW offshore wind grid program.The start of construction was marked by parallel…

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