Oil and Gas
Eni from Italy has announced a major natural gas discovery offshore Indonesia after drilling the Geliga-1 exploration well in the prolific Kutei Basin.
[Read more…] about Eni makes Indonesia gas discovery in Kutei basinEni and PETRONAS officially establish Searah
Investment Agreement
Eni and PETRONAS announce that Searah, a new 50/50 independent joint venture combining key businesses across Indonesia and Malaysia, has been officially established.
[Read more…] about Eni and PETRONAS officially establish SearahCrown Estate to launch tender for Morgan offshore wind site
Development
The Crown Estate intends to launch a competitive tender process in July 2026 to bring the Morgan offshore wind site back to market, with a view to awarding it to a developer in late 2026.
[Read more…] about Crown Estate to launch tender for Morgan offshore wind siteMOL Group signed production sharing agreement in Libya
Mediterranean Sea
MOL Group has signed a production sharing agreement for an offshore exploration area in the Mediterranean Sea, after being granted an exploration licence.
[Read more…] about MOL Group signed production sharing agreement in LibyaEnQuest to buy Malaysia offshore interests
Acquisition
EnQuest has agreed to acquire interests in four offshore production sharing contracts (PSCs) in Malaysia for up to $833 million.
[Read more…] about EnQuest to buy Malaysia offshore interestsBP hires semi-sub for drilling ops off UK
Drilling
Noble Corporation has secured a three-well drilling contract with BP for the semi-submersible rig Noble GreatWhite offshore the United Kingdom.
[Read more…] about BP hires semi-sub for drilling ops off UKAlleima secures order for umbilical tubes in Indonesia
Tubing
Alleima has received an order for advanced umbilical tubes from a global provider of subsea technology to a total value of approximately SEK 995 million (around USD 105 million).
[Read more…] about Alleima secures order for umbilical tubes in IndonesiaShearwater to conduct seismic survey over Yellowtail development
Seismic Survey
Shearwater has secured a two-month seismic survey contract from ExxonMobil Guyana Limited for work over the Yellowtail development area in the Stabroek Block offshore Guyana.
[Read more…] about Shearwater to conduct seismic survey over Yellowtail developmentShell advances exploration in Namibia’s Orange Basin with latest well results
Exploration
Shell has reported encouraging exploration results from its Merlin-1X exploration well in Petroleum Exploration Licence No. 0039 (PEL 0039), offshore Namibia.
[Read more…] about Shell advances exploration in Namibia’s Orange Basin with latest well resultsNon-Associated Gas Licence for Loran gas field
Shell and bp
Venezuela has announced that it has awarded Shell and bp a Non-Associated Gas Licence for development of the offshore Loran gas field.
[Read more…] about Non-Associated Gas Licence for Loran gas field