South East Asia News

 

Declining Oil Prices Drive Down Equinor’s Quarterly Profit by 13%

Jul 24, 2025

Europe's gas market could tighten further ahead of the winter season as storage levels remain well below last year and the continent faces competition from Asia for LNG shipments, the CEO of Norway's Equinor told Reuters on Wednesday.Europe's…

Vantage Drilling Secures More Time to Formalize Ultra-Deepwater Drillship Deal

Jul 23, 2025

Offshore drilling contractor Vantage Drilling has extended the expiration date for the conditional letter of award (CLOA) for its Platinum Explorer ultra-deepwater drillship, agreed with an undisclosed client.The 90-day validity period of the…

CEP Makes ‘Significant’ Oil Discovery Offshore Poland

Jul 22, 2025

Canadian exploration and production company Central European Petroleum (CEP) has made a significant oil discovery in its fully owned and operated Wolin East 1 (WE1) well, located in the Baltic Sea, offshore Poland.The WE1 well was drilled using…

OMV Petrom, NewMed Energy Hire Noble Drillship for Black Sea Ops

Jul 22, 2025

OMV Petrom and NewMed Energy, the partners in Han Asparuh block in the Black Sea, have hired Noble Corporation’s Globetrotter I ultra-deepwater drillship to drill two exploration wells offshore Bulgaria.The two wells will be drilled on the Han-Asparuh Block…

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

Jul 21, 2025

Dutch offshore contractor Marine Masters has completed its offshore scope for the decommissioning of the South Angsi Alpha (SAA) platform, operated by Hibiscus Oil & Gas Malaysia, marking a major milestone in the repurposing of retired offshore infrastructure…

Strategic Marine-Built CTV Set for South Korea's Offshore Wind Ops

Jul 21, 2025

Singaporean shipbuilder Strategic Marine has delivered next-generation Crew Transfer Vessel (CTV) to new client Yeosu Ocean for offshore wind farm operations in South Korea.The 27-meter-long CTV is based on the StratCat 27 design, developed in close collaboration with BMT…

Federal Uncertainty Shuts Down NY Offshore Wind Transmission Plan

Jul 17, 2025

The New York State Public Service Commission has terminated its offshore wind transmission planning process due to stalled federal permitting, to protect state ratepayers from premature infrastructure costs, it said on Thursday.This halts the…

Equinor Opts for CHC Helicopter to Service Two North Sea Fields

Jul 17, 2025

Equinor has selected CHC Helicopter, a crew transportation and search and rescue operations specialist, for a three-year contract to support its Mariner and Rosebank fields in the North Sea.CHC will provide sole-use S92 support for Rosebank for three years…

Taihan’s Palos CLV Installs Export Cables for South Korean Offshore Wind Farm

Jul 16, 2025

Taihan’s cable laying vessel (CLV), PALOS, has successfully completed the installation of export cables for the 364.8 MW Yeonggwang Nakwol offshore wind farm in South Korea.The project, being developed Nakwol Blue Heart, is located near Songido…

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

Jul 16, 2025

U.K.-based oil firm EnQuest has been awarded a Production Sharing Contract (PSC) for Block C, offshore Brunei, by the Petroleum Authority of Brunei Darussalam (PABD).EnQuest EP BV, a subsidiary of EnQuest, will initially be the sole operator of the PSA with the intention to subsequently…

OMV Drills Dry Well in Norwegian Sea

Jul 16, 2025

Oil and gas firm OMV has drilled a dry wildcat well in the Hoffmann prospect in the Norwegian Sea.The wildcat well 6606/4-1 S was drilled in production license 1194, which was awarded in 2023 (Awards in pre-defined areas 2022).OMV is the operator of the license with 40% working interest…

CNOOC Finds Oil and Gas in South China Sea

Jul 16, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a ‘major breakthrough’ in the exploration of metamorphic buried hills in the deep plays in the South China Sea for the first time, as it makes an oil and gas find in Beibu Gulf…

Mooreast Finds Geotechnical Partner for Floating Energy Solutions

Jul 15, 2025

Singapore-based mooring and anchoring specialist Mooreast Holdings has partnered with Norway-based GeoProvider to strengthen capabilities in offshore data analysis and enhance its value proposition to the floating offshore renewable energy market…

Fugro Gets On Board Ireland’s Offshore Grid Development Project

Jul 15, 2025

Fugro has secured a seven-year framework agreement with EirGrid, Ireland’s state-owned electricity transmission operator, to deliver a full suite of geo-data surveys for the 'Powering Up Offshore - South Coast' project.The initiative will develop…

Masdar, RWE Get Closer to Official Go-Ahead for 3GW UK Offshore Wind Farms

Jul 14, 2025

The U.K. Planning Inspectorate has concluded its six-month Nationally Significant Infrastructure Project (NSIP) examination period for the Dogger Bank South (DBS) offshore wind farms, with the consent decision now expected within the next six months…

Logistics News

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Ports Urge Congress to Reverse Infrastructure Funding Cuts

Ports Urge Congress to Reverse Infrastructure Funding Cuts

US Commerce Disorganization Stalls Thousands of Export Approvals

US Commerce Disorganization Stalls Thousands of Export Approvals

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Russian Oil Vessels Forced to Divert From India Under US Sanctions

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