News
February 16, 2026
DUG and Searcher Seismic have signed a multi-client agreement to reprocess legacy 3D seismic data offshore East Sarawak, Malaysia, creating a new dataset to support exploration and development across the region.
News
February 12, 2026
SLB has secured multiple offshore drilling and well services contracts from Mubadala Energy for the Tangkulo deepwater gas development offshore Indonesia, with first gas targeted by 2028.
News
January 30, 2026
PETRONAS plans to sustain Malaysia’s upstream oil and gas production at around 2 million boed through 2028, supported by continued investment in exploration, deepwater projects and enhanced oil recovery.
News
January 21, 2026
Elnusa is strengthening Indonesia’s onshore exploration push with a major nodal seismic technology investment, targeting faster surveys and higher-resolution imaging in complex geological settings.
News
January 19, 2026
Petroliam Nasional Bhd. has appointed Mohd Jukris Abdul Wahab as chief operating officer, effective Feb. 1, as the company navigates a legal dispute over gas assets in Sarawak and broader operational challenges tied to lower oil prices.
News
January 19, 2026
The Philippines has made its first natural gas discovery in more than a decade, with new reserves at Malampaya East-1 expected to extend the life of the country’s flagship offshore gas field.
News
January 12, 2026
Malaysia’s national oil company Petronas has taken its dispute with Petroleum Sarawak Bhd. to the country’s top court, seeking clarity over gas ownership and potential impacts to LNG operations in resource-rich Sarawak.
News
January 09, 2026
Indonesia Energy Corporation is advancing pre-drilling operations for two new onshore wells at its Kruh Block in Sumatra, with drilling expected to begin before the end of first-quarter 2026 as part of a back-to-back development program.
News
January 07, 2026
Murphy Oil’s HSV-2X appraisal in Block 15-2/17 offshore Vietnam encountered 429 ft of net oil pay and deepened the hydrocarbon column without water, strengthening the field’s high-case resource outlook as further appraisal continues.
News
December 22, 2025
CNOOC has started production at the Xijiang 24 offshore oil project in the Pearl River Mouth basin, targeting peak output of 18,000 boed in 2026.
News
December 20, 2025
OMV Petrom and NewMed Energy are preparing to drill two offshore wells at Bulgaria’s Han Asparuh block in the Black Sea, with first drilling expected by year-end.
News
December 18, 2025
Japan Petroleum Exploration Co. has agreed to acquire Verdad Resources’ tight oil and gas assets in the Denver-Julesburg basin for about $1.3 billion, marking a major expansion of JAPEX’s North American upstream portfolio. The deal is expected to significantly boost production and proved reserves, with development planned into the early 2030s.
News
December 16, 2025
TotalEnergies has sold a 9.998% stake in Malaysia’s SK408 offshore gas block to PTTEP, reinforcing a long-standing partnership while retaining operatorship. The move supports portfolio optimization as the company deepens its role as a leading gas producer in Malaysia.
News
December 05, 2025
PTTEP has approved a $33.3 billion five-year plan and a $7.7 billion budget for 2026, targeting production growth, accelerated global project development, and major decarbonization initiatives as Thailand works to strengthen long-term energy security.
News
November 24, 2025
FairWind has signed a strategic partnership with Japan’s Wind Energy Partners (WEP), accelerating its Asia Pacific expansion and enhancing onshore and offshore wind turbine installation and maintenance capabilities.
News
November 18, 2025
TechnipFMC has landed a substantial iEPCI™ contract for Eni’s Maha deepwater project offshore Indonesia—the first use of Subsea 2.0® technology in the country and a new tieback to the Jangkrik FPU.
News
November 03, 2025
ABL has been awarded a contract by Chevron to provide marine warranty survey and third-party support for platform installations and rig moves in the Gulf of Thailand.
News
October 30, 2025
Sunda Energy is advancing preparations for the Chuditch-2 appraisal well offshore Timor-Leste, targeting drilling in early 2026, while expanding its Southeast Asian upstream portfolio with two new offshore licenses in the Philippines.
News
October 30, 2025
SLB OneSubsea has been awarded two EPC contracts by PTTEP to deliver subsea production systems for Malaysia’s deepwater Alum, Bemban, Permai, and Kikeh fields, extending the life of key offshore assets and strengthening regional energy security.
News
October 29, 2025
U.S. President Donald Trump’s newly announced sanctions on Russian oil companies are facing a first major challenge in talks with Xi Jinping. Analysts say China’s response will be key to starving Kremlin revenue and tightening global oil markets.
News
October 29, 2025
OMS Energy Technologies Inc. has expanded its partnership with a leading Thai oil and gas operator through a new Technical Service Partner Contract covering consultancy, gauging management, and hardware services.
