5037 results found for 'Indonesia'

5037 results found for 'Indonesia'
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  • New country entry for Eni in West Africa with offshore block award

    9 June 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    Italy’s energy giant Eni has expanded its African oil and gas portfolio with a new block off the coast of The Gambia.

  • Velesto bids goodbye to 2010-built jack-up rig

    16 December 2025

    Malaysia’s Velesto Energy has struck a deal to divest a 15-year-old jack-up rig for a total cash consideration of $63 million (equivalent to RM 258.4 million).

  • Southeast Asia richer for its ‘biggest’ black gold find in two decades and third largest since 2000

    7 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    With the appraisal insights regarding an oil find offshore Vietnam coming to light, Wood Mackenzie, an energy intelligence group, has labeled this hydrocarbon exploration success as “the biggest oil discovery in Southeast Asia of the last 20 years,” perceived to offer a potential lifeline to Vietnam’s declining oil production.

  • Go-ahead for Aker BP to use accommodation facility at North Sea field

    8 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    The Norwegian offshore safety regulator has given its blessing to Aker BP to deploy Macro Offshore Management’s mobile living quarters facility at a field in the North Sea off the coast of Norway.

  • Petronas picks local tubular running services provider for next five years

    15 May 2026
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders

    Malaysia’s state-owned oil & gas heavyweight Petronas has awarded a local company a five-year contract for the delivery of tubular running services (TRS). Kuala Lumpur-headquartered Destini Oil Services, the energy arm of Destini Group, officially secured the contract on March 30, 2026, with it ending on March 29, 2031. According to Destini, the five-year duration […]

  • No break for Velesto rig as it uses suspension period to work for Jadestone Energy

    25 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Velesto Drilling, a wholly-owned subsidiary of Malaysia’s Velesto Energy, has secured a $16.5 million contract with the Malaysian unit of Singapore’s Jadestone Energy for the provision of a jack-up drilling rig. The contract will see the NAGA 8 rig support infill drilling activities at the East Belumut Phase 9 project for a period of four […]

  • With hull now done, Asian FLNG moves to next construction stage

    5 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    China-based provider of clean energy services Wison New Energies (WNE) has held a hull launching ceremony at its Nantong Yard for a floating liquefied natural gas (FLNG) facility being built for Malaysia’s investment holding and management player Genting.

  • Seatrium continues its divestment series

    23 February 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Transition, Vessels, Vision

    Singapore-based offshore, marine, and energy solutions provider Seatrium is undertaking a series of additional divestments as part of its ongoing efforts to rationalize non-core assets, streamline operations, and drive long-term value for shareholders. Seatrium has divested a fleet of 17 tugboats in Singapore for S$104 million (US$77-78 million), executed through Seatrium Marine Services, following a […]

  • Vietnamese player’s ‘super rig’ ready for drilling

    30 March 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Vessels

    Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has held the naming ceremony for a multi-purpose jack-up rig it purchased from U.S.-headquartered offshore drilling contractor Noble Corporation in 2025. PV Drilling held a naming ceremony for PV DRILLING IX, which it describes as a “super rig”, on March 27 at the PTSC Downstream Port […]

  • Rig job for Southeast Asian development campaign goes to PV Drilling

    14 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has been hired on a jack-up assignment for a development drilling program at a field off the coast of Vietnam, Southeast Asia.

  • $3.2 billion move on LLOG opens doors to Gulf of America oil & gas scene for Harbour

    22 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    London-listed oil and gas company Harbour Energy has made a multibillion-dollar play for LLOG Exploration Company (LLOG), which is being acquired from LLOG Holdings for $3.2 billion, comprising $2.7 billion of cash and $0.5 billion of the UK player’s voting ordinary shares.

  • Valaris’ batch of rig deals lifts total contract backlog to $4.9 billion

    5 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Bermuda-incorporated offshore drilling contractor Valaris has secured new rig assignments and contract extensions in Brazil, Brunei, Indonesia, and the UK and Dutch sectors of the North Sea.

  • Eni’s offshore drilling ops in Southeast Asia yield new gas discovery

    11 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Italy’s energy giant Eni has shed some light on its new gas discovery in the Kutei Basin about 50 kilometers off the coast of East Kalimantan in Indonesia, Southeast Asia.

  • Karpowership’s affiliate dishes out millions to take over Seatrium’s US shipyard

    3 February 2026
    Business & Finance, Business Developments & Projects

    With the completion of a multimillion-dollar sale deal, Seatrium has handed over a shipyard in Texas to Karpower Valley, a related party of Türkiye’s floating power plant company Karpowership, to enhance capital and operational efficiencies, while unlocking value from one of its surplus facilities.

  • Petrobras’ largest-producing oil & gas field richer for another FPSO

    11 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Brazilian state-owned energy heavyweight Petrobras has welcomed the arrival of the eight floating production storage and offloading (FPSO) vessel, which will work at a field in the Santos Basin off the coast of Brazil.

  • Eni signs on dotted line to relaunch hydrocarbon ops in Venezuela

    29 April 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Italian energy giant Eni has sealed a deal with Venezuela’s Ministry of Hydrocarbons and Petroleos de Venezuela S.A. (PDVSA) to resume hydrocarbon activities in the South American country.

  • SLB and Vår Energi embark on digital quest to speed up oil & gas decision-making

    29 May 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, IT & Software, Technology

    U.S.-headquartered technology player SLB is pooling resources with Norway’s oil and gas player Vår Energi to help the operator advance progression from discovery to development, cutting time to first oil by building on multi-discipline, collaborative well planning workflows that reduce cycle times from months to days for projects on the Norwegian Continental Shelf (NCS).

  • Southeast Asia’s deepwater gas expansion faces ‘fragile economics’ challenge

    4 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    As Southeast Asia’s second wave of deepwater gas projects targets a 28 trillion cubic feet (tcf) supply, Wood Mackenzie, an energy intelligence group, has shed light on the way operators can navigate what it describes as ‘fragile economics’ to unlock this new deepwater gas supply across the region.

  • New UK-Indonesia pact targets maritime security and sustainability

    26 November 2025
    Authorities & Government, Collaboration, Transition

    The United Kingdom (UK) and Indonesia have put pen to paper on a ‘historic’ £4 billion (approximately $5.2 billion) deal aiming to strengthen maritime resilience and security in both nations. The agreement, officially announced by Prime Minister Keir Starmer at the recent G20 Summit, is said to underscore the UK’s and Indonesia’s “shared commitment to […]

  • Jacket for EU’s largest offshore gas development sails away from Saipem’s shipyard

    15 June 2026
    Business & Finance, Business Developments & Projects, Equipment, Exploration & Production

    Italy’s engineering, drilling, and construction services giant Saipem has confirmed the departure of a jacket destined for a giant natural gas project in the Romanian part of the Black Sea. This project is described as the largest offshore natural gas project currently under development in the European Union (EU).

  • Karpowership upping Mexico’s energy ante with LNG-to-power project

    19 May 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Transition, Vessels

    Karpowership, Türkiye’s floating power solutions provider and owner and operator of powerships, is setting the stage to elevate the energy infrastructure game in Mexico’s Yucatán Peninsula with a project that will include a powership and a liquefied natural gas (LNG) terminal vessel (LNGTS).

  • 20-year LNG deal between Petronas and JERA strengthens Japan’s energy security

    11 June 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Project & Tenders

    Malaysia’s state-owned oil and gas heavyweight Petronas has sealed a two-decade-long liquefied natural gas (LNG) supply arrangement with Japan’s power generation major JERA, which fortifies the energy bonds between the two countries and extends the companies’ partnership into the 2040s.

  • ABL enhances its menu for energy industries with acquisition of Southeast Asia‑based firm

    13 May 2026
    Business & Finance, Business Developments & Projects

    Oslo-listed global consultancy group ABL Group is expanding its end‑to‑end technical offering to the energy industries by making a move to bring into its fold SynergenOG, a Malaysia‑based process safety and technical risk management consultancy for the energy industry.

  • Oil & gas firms step up exploration game to tackle supply shortfall by 2050

    1 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    As global exploration and production (E&P) players are facing a 40% output drop, Wood Mackenzie, an energy intelligence group, has pointed out that oil and gas companies are increasing high-impact exploration investment to address the 300-billion-barrel supply gap and energy security priorities by 2050.

  • Eni pens decade-long LNG offtake deal with Thai player

    5 December 2025
    Business & Finance, Business Developments & Projects

    Italy’s energy giant Eni has won a new multi-year liquefied natural gas (LNG) agreement with Gulf Development Company, said to be one of Thailand’s largest private power producers.