5014 results found for 'Indonesia'

5014 results found for 'Indonesia'
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  • 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.

  • 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.

  • 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 […]

  • Saipem’s rig trio rakes in millions for jobs with Eni in Africa, Mediterranean, and Far East

    22 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Saipem has boosted its offshore drilling order intake with new multimillion-dollar contracts and extensions that are perceived to reinforce its presence in key strategic areas, such as West Africa, the Mediterranean, and the Far East. As a result, three rigs will be on drilling duty with Eni, an Italian energy titan.

  • $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.

  • 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 prolongs Ventura Offshore rig’s drilling gig in Asia

    2 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    A semi-submersible rig from Ventura Offshore Midco, a subsidiary of the Brazilian deepwater offshore drilling contractor Ventura Offshore, is staying longer off the coast of Indonesia with Eni Indonesia, a subsidiary of Italy’s energy giant Eni.

  • Arbitration battle looms in Asia as Empyrean challenges Conrad’s withdrawal notice

    18 November 2025
    Business & Finance, Business Developments & Projects

    Conrad Asia Energy’s wholly-owned subsidiary, West Natuna Exploration Limited (WNEL), has served Empyrean Energy, an AIM-listed oil and gas exploration company, with a notice of election of remedy and forced withdrawal, after the duo had been knee-deep in talks regarding the settlement of outstanding cash calls over the past few months.

  • Open letter to COP30: Scientists call on global leaders to limit crop biofuels

    6 November 2025
    Authorities & Government, Environment, Outlook & Strategy, Regulation & Policy, Transition

    Ahead of the UN Climate Change Conference COP30, which opens next week in Belém, Brazil, nearly 100 members of the global scientific community, including representatives from the Union of Concerned Scientists, have signed on to a letter calling on global leaders to limit a ‘dangerous expansion” of biofuels.

  • IMO picks Council members but Net Zero Framework hiatus raises red flag for potential fragmentation of shipping decarbonization

    1 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy, Transition

    The Assembly of the International Maritime Organization (IMO), a specialized agency of the United Nations responsible for regulating and improving international shipping, has elected Member States to serve on three categories of the IMO Council. Meanwhile, EmissionLink’s Managing Director has warned that the IMO’s decision to delay its Net Zero Framework is creating a regulatory vacuum which threatens to fragment global shipping decarbonization efforts.

  • Oil & gas asset consolidation in full swing in UK North Sea: Harbour makes a play for Waldorf

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

    London-listed oil and gas company Harbour Energy has taken a step to bring into its fold all subsidiaries of Waldorf Energy Partners Limited (WEPL) and Waldorf Production Limited (WPL), currently in administration, for $170 million. This move will bolster Harbour’s portfolio in the UK sector of the North Sea.

  • Transocean, Noble, COSL, Seadrill, and Valaris pinpointed as rig backlog powerhouses

    20 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    While taking a deep dive into the floater rig market and top floating rig managers based on the current total backlog for 2026, Westwood Global Energy, an energy market research and consultancy firm, has spotlighted five offshore drilling players – Transocean, Noble, COSL, Seadrill, and Valaris – as the ones that share the largest slices of this year’s backlog cake.

  • Third train on the cards for LNG project, unleashing more Australian gas

    27 March 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    A new train is in the pipeline for a liquefied natural gas (LNG) project off the northwest coast of Western Australia (WA), following a recent strategic partnership between Japan’s Inpex and Texas-based Formentera to accelerate development of a project by leveraging U.S. shale technology and expertise to unlock what is deemed to be one of the world’s most promising new shale gas resources.

  • Middle East conflict: Energy security risks and price shocks as market volatility hits supply chains

    25 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    Since the ignition of the conflict between the U.S. and Israel on one side and Iran on the other, the global markets have been on tenterhooks, as fears continue to grow over the impact the hostilities will have not just on the Middle East region but also the world at large, especially in terms of economy, energy security, and global supply chains, affecting all offshore energy and maritime realms across the globe, albeit to different degrees.

  • Indonesia’s Pertamina International Shipping readies to capture CCS/CCUS sweet spot

    25 September 2025
    Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Market Outlooks, Outlook & Strategy, Vision

    Indonesian state-owned company PT Pertamina International Shipping (PIS) has unveiled its latest strategy to seize opportunities in international carbon shipping, signaling its readiness to support the development of the carbon capture and storage/carbon capture utilization and storage (CCS/CCUS) sector.

  • Exclusive interview with Eni: Gas and LNG at crux of multiple FIDs as ‘game-changing phase’ edges closer

    3 February 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Outlook & Strategy, Transition

    With a diversified pipeline of projects spanning Africa, Asia-Pacific, the Americas, and the East Mediterranean, Italy’s energy giant Eni is set on pursuing a disciplined exploration strategy focused on rapid monetization and a pragmatic, technology-driven approach to emission cuts by combining low-cost reserves, fast-track development, and cross-border collaboration. The firm’s 2026 horizon spotlights multiple final investment decisions (FIDs) for gas and liquefied natural gas (LNG) projects.

  • Divestment timeline for Asian firm’s gas field stake gets bumped to year-end

    1 October 2025
    Business & Finance, Business Developments & Projects

    Coro Duyung, a subsidiary of Coro Energy in Southeast Asia, has revised the end date for the disposal of its interest in a natural gas field in the West Natuna Sea off the coast of Indonesia, which will enable it to pivot to its renewable energy portfolio once this sale closes its fossil fuels era.

  • Exclusive interview: Velesto sets its sights on Malaysia and Southeast Asia gas drilling plays

    23 January 2026
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    As global energy security concerns keep the demand for oil and gas alive, Malaysia’s Velesto Energy, owner of premium jack-up rigs and hydraulic work-over units, has dived into its expectations for 2026, highlighting its belief that the jack-up rig market will remain on stable ground during the year, enabling it to pursue new drilling assignments, with Malaysia and Southeast Asia at the heart of the firm’s growth quest.

  • Rig gigs of $900 million push Valaris’ backlog to $4.7 billion

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

    Bermuda-incorporated offshore drilling contractor Valaris has secured a batch of new drillship and jack-up rig assignments and extensions in Africa, Asia-Pacific, Europe, and North and South America.

  • $27 billion fills Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips’ quarterly profit coffers

    17 November 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Against the backdrop of concerns over hydrocarbon production rates, the European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have secured over $27.14 billion in profits.

  • INPEX taps Aquaterra for subsea structural support in Indonesian deepwater project

    16 September 2025
    Business Developments & Projects, Project & Tenders

    Inpex Masela, a joint venture between Inpex Corporation and the Japan Organization for Metals and Energy Security (JOGMEC), has tasked Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, with carrying out structural analyses for its operations off the coast of Indonesia.

  • Energy outlook: 12 trends set to shape 2026 power spectrum

    2 January 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    With market volatility, geopolitics, and policy repercussions expected to be among the key drivers affecting the global energy landscape, Rystad Energy, an energy market intelligence group, has outlined 12 predictions for the year ahead, noting opportunities and challenges that will unfold alongside increasing complexity, including the role of fossil fuels and new energies in meeting growing power demand from data centers.

  • Trio picks up new production sharing contract in Peninsular Malaysia

    2 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    A new production sharing contract (PSC) for an asset off the coast of Malaysia has been awarded to Medco Asia Pacific, a wholly-owned subsidiary of Indonesia’s PT Medco Energi Internasional (MedcoEnergi), Dialog Resources, and EnQuest Petroleum Production Malaysia, a subsidiary of London Stock Exchange-listed energy player EnQuest.