Offshore Field Development Offshore O&G-related EPC contract award year-to-date value is estimated at US$7.8bn (excluding letters of intent). Key sanctioning…
Asia
Indonesia offers 13 oil and gas blocks in the first bidding round of 2026
JAKARTA, May 20 – Indonesia is offering 13 oil and gas blocks in the first bidding round of 2026, with…
Asia
Petrobras Acquires Petronas’ 50% Stake in Tartaruga Verde and Espadarte Fields for $450 Million
Petrobras has announced plans to acquire the 50% interests held by Petronas subsidiary Petronas Petróleo Brasil in the Tartaruga Verde…
Asia
Velesto Energy Wins Offshore Drilling Contract from Hibiscus in Malaysia’s PM3 CAA
Malaysia’s oil and gas services firm Velesto Energy, through its subsidiary Velesto Drilling, has secured a contract from Hibiscus Oil…
Asia
Velesto Secures Malaysia Drilling Deal with Hibiscus
Malaysia’s oil and gas services firm Velesto Energy, through its subsidiary Velesto Drilling, has secured a contract from Hibiscus Oil…
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