Asia
IEEFA
Asia

Thailand’s gas fleet faces dual challenge of rising costs and underutilization

Thailand’s power pause presents a critical opportunity to reassess gas expansion plans and ease consumer prices February 26, 2026 (IEEFA…
Asia

Velesto Lands Jack-Up Drilling Deal with Jadestone off Malaysia

Malaysia’s oil and gas services Velesto has secured a drilling contract worth approximately $16.5 million from Jadestone Energy for operations…
Enquest
Asia

EnQuest lifts output, strengthens Magnus stake and targets Southeast Asia growth

Enquest has issued an update. EnQuest reported a strong operational performance for 2025, with production of 45,606 barrels of oil…
ACG-field-BP
Asia
Contracts

BP awards $1bn deal for O&M on two Azeri fields

Supermajor BP has extended platform and rig operations and maintenance contract with Turan Drilling & Engineering Company on the Azeri…
Saipem
Asia

Saipem agrees acquisition of Deep Value Driller Unit

Italian engineering and energy contractor Saipem announced that it has reached an agreement with Deep Value Driller AS (DVD) on…
Sunda Energy, former Baron Oil
Asia

Rig search ongoing to get Southeast Asian gas drilling project back on track

UK-based and AIM-listed Sunda Energy, formerly Baron Oil, is setting the stage to undertake its planned drilling campaign on a…
Cairn Oil & Gas plans to drill two additional wells at the Ambe block as part of its ongoing exploration campaign
Asia

Cairn Oil & Gas uncovers resources in Ambe-2A off India’s west coast

The discovery is expected to boost domestic gas production and significantly contribute to India’s energy security goals. Vedanta subsidiary Cairn…
oil refinery
Asia

Eni and Petronas to Launch 8 Upstream Projects in Southeast Asia

Eni and Petronas plan to start up as many as eight new projects in Indonesia and Malaysia over the next…
Eni
Asia

Eni, PETRONAS Form Southeast Asia Upstream Venture, Targeting $15 Bn Investment

Eni and PETRONAS have signed a binding agreement to create a new joint venture (JV) company, NewCo, which will combine…
PTTEP taps SLB OneSubsea for work on deepwater oil and gas fields
Asia
Subsea

PTTEP taps SLB OneSubsea for work on deepwater oil and gas fields

SLB OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has secured two offshore engineering, procurement, and construction…

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