Strategic initiatives are attracting investors and petroleum contractors to Asia Pacific’s offshore energy market, propelling the region towards enhanced security and economic growth. As countries tap into their local resources to meet rising demand…
Asia-pacific focused oil and gas company Jadestone Energy has been awarded a 100% participating interest in a Small Field Asset Production Sharing Contract (SFA Cluster PSC) offshore Malaysia by Petronas, through Malaysia Petroleum Management…
Esgian provides an update on the second round of jackup suspensions in Saudi Arabia in its Week 32 Rig Analytics Market Roundup.Report SummaryContractsArabian Drilling has confirmed that Saudi Aramco has initiated discussions with the drilling…
Indonesian branch of Malaysian national oil company Petronas has awarded energy and marine consultancy ABL a contract to provide rig inspection services to its assets operating offshore Indonesia.The contract is valid for one year, with an optional one-year period extension…
Esgian provides an update on what has been a busy week in the offshore drilling market in its Week 31 Rig Analytics Market Roundup.Report SummaryContractsBorr Drilling has confirmed new contracts for several of its 400-ft jackups, including work for the Arabia I in Brazil…
Esgian provides an update on new rig deals in its Week 30 Rig Analytics Market Roundup.Report SummaryContractsValaris has been awarded a multi-year contract with Equinor Energy do Brasil, a subsidiary of Equinor, for the 12,000-ft drillship Valaris DS-17…
Egypt's Ministry of Petroleum and Mineral Resources signed two agreements with international companies on Sunday to invest $340 million to boost oil and gas production in the Mediterranean and Gulf of Suez.After discussions between Egypt's Petroleum…
Petronas Suriname E&P, a subsidiary of Malaysia’s energy company Petronas, has made a third hydrocarbon discovery at the Fusaea-1 exploration well in Suriname’s Block 52.The discovery is located about 170 kilometers offshore and 9 kilometers east from Roystonea-1…
Oil and gas company SapuraOMV has started gas production from its Jerun field, offshore Sarawak in Malaysia.Jerun gas field, part of SK408 production sharing contract (PSC), was discovered in 2015 and the development project reached its final investment decision (FID) in March 2021…
London-based Gibson Shipbrokers and Malaysian state-owned Sabah Oil & Gas Development Corporation (SOGDC) have signed an agreement to develop oil and gas facilities in the Southeast Asian nation's Sabah state.The oil and gas facilities will…
TotalEnergies, along with its partners Petronas and Sonangol, has made a Final Investment Decision (FID) for the Kaminho project to develop the Cameia and Golfinho fields offshore Angola.Located 100 km off the coast of Angola in 1,700 m water-depth…
Guyana's cabinet has approved a bid for an offshore oil block by a consortium including QatarEnergy, TotalEnergies and Malaysian state-owned Petronas, a minister from the South American country said on Wednesday.Guyana, home of the largest oil discoveries in nearly a decade…
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…
Petronas Suriname E&P, a subsidiary of Malaysia’s state-owned energy giant Petronas, has exercised the option for Noble Corporation’s Noble Voyager drillship to drill one additional well offshore Suriname.The 7th generation drillship Noble Voyager…
Malaysia’s state-owned energy company Petronas and Japan’s largest power generation company JERA have signed a joint study agreement to evaluate the feasibility of the entire carbon capture and storage (CCS) value chain between Japan and Malaysia…
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