APAC offshore EPC investment set to rise in 2026: Westwood
Consultancy estimates regional offshore engineering, procurement and construction spending to reach $7.7 billion in 2026 APAC’s offshore engineering, procurement and…
Asia Pacific
FPSO snapped up for Southeast Asia project
Ownership of Petrojarl I unlocks 2026 FID for Timor-Leste oilfields development Australian junior Finder Energy has secured the Petrojarl I…
Asia Pacific
Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential
Viridien, in partnership with Malaysia Petroleum Management (MPM), a unit of Petronas, is finalizing an integrated geological study aimed at…
Asia Pacific
Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties
Malaysia’s state energy firm Petronas has signed a memorandum of understanding (MoU) with Oman’s OQ Exploration and Production New Ventures…
Petrovietnam Drilling & Well Service Corporation (PV Drilling) has officially taken ownership of the Noble Highlander jackup rig, following a…
Asia Pacific
Medco Energi boosts offshore production
Second platform in operation at Terubuk field in Indonesia Independent Medco Energi has boosted production at its Terubuk field offshore…
Asia Pacific
New Zealand reopens for offshore exploration
Government reverses the 2018 ban on offshore oil and gas exploration permits New Zealand has reopened for offshore petroleum exploration…
Asia Pacific
Baker Hughes and Petronas forge alliance to boost Asia-Pacific’s energy transition
U.S.-headquartered energy technology giant Baker Hughes has signed a strategic partnership memorandum of understanding (MoU) with Malaysia’s state-owned Petronas to…
Asia Pacific
Vessels win for Malaysian OSV provider
Nam Cheong spreads its wings outside oil and gas sector Malaysian offshore support vessel (OSV) provider Nam Cheong has secured…
Asia Pacific
Repsol sells key Indonesia asset to Medco for $425 million
Spain’s Repsol has agreed to sell for $425 million its 24% interest in the mature Corridor production sharing contract onshore…
