Offshore oil and gas

Türkiye to launch offshore oil and gas exploration off Somalia

Developments in Venezuela, where the United States is reportedly conducting a special operation targeting President Nicolas Maduro, could push global oil prices…

LNG

Malaysia’s Petronas Signs LNG Supply Deal With China’s CNOOC

Malaysian state-owned energy company Petroliam Nasional Berhad (Petronas) announced on Wednesday that it will supply Chinese offshore oil and gas company CNOOC …

Crude Oil

China’s Largest Offshore Oilfield Reports Record Annual Oil, Gas Output

China National Offshore Oil Corporation (CNOOC) announced on December 21, 2025, that the Bohai Oilfield, the country's largest offshore oil and gas producti…

Electrification

Equinor Drops Offshore Electrification Plans Over Rising Costs

Equinor announced on Friday that it has decided to cancel plans to reduce greenhouse gas emissions by linking several offshore oil and gas platforms to Norway&r…

Natural Gas

Second Phase of China’s Largest Offshore Gas Field Goes Operational

China National Offshore Oil Corporation (CNOOC), the leading offshore oil and gas producer in China, announced on June 25, 2025, the full operation of the secon…

Oil & Gas Trade

China’s CNOOC Exits U.S. Offshore Oil and Gas

British energy firm Ineos has finalised its acquisition of the U.S. Gulf assets from China’s state-owned oil company, CNOOC. The deal, completed on April …

Crude Oil

Nigerian Player Sets Sights on Offshore Production Ramp-Up, Targeting 20+ Wells in 2025

Nigeria’s oil and gas company Seplat Energy aims to drive transformation in Nigeria, partly by increasing offshore oil and gas production in 2025.While speakin…

Oil&Gas Drilling

Chinese Researchers Use Earth Science Satellite to Monitor Offshore Oil, Gas Platforms

Chinese researchers have unveiled a novel application of the Earth science satellite SDGSAT-1 for observing offshore oil and gas platforms.The study, led by res…

Oil Field

Chevron Takes the Operator Helm at Two Blocks in Namibian Waters

Chevron Namibia Exploration Limited (CNEL), an affiliate of the U.S.-headquartered energy giant Chevron, has strengthened its presence in Namibia’s offsho…

Natural Gas

PTTEP Appraising ‘Remarkable’ Offshore Oil and Gas

Thailand’s national upstream company PTTEP is appraising its Chenda discovery on Block SK 405B offshore Sarawak, East Malaysia, for which it expects to co…

Oil & Gas Supply

Global OTEC Launches New Power Module For Sustainable Offshore Oil And Gas

Global OTEC has announced its latest advancement in sustainable power for offshore energy exploration and production at the first Brazilian Workshop on Geotherm…

Oil & Gas Trade

Saipem Wins Two Saudi Offshore Oil Contracts Worth Us$1 Billion

Saipem, an Italy-based global provider of engineering and construction services for the energy and infrastructure segments, announced two projects across three …

Oil&Gas Drilling

China-built largest international offshore oil platform delivered

A view of the heaviest international offshore oil and gas platform in Qingdao, east China's Shandong Province. /CMGThe heaviest international offshore oil a…

Oil & Gas Trade

Indonesia Offers Five Oil and Gas Blocks in First Auction for 2024

Indonesia has offered five onshore and offshore oil and gas blocks in its first tender for the year amid efforts to reverse an extended production decline.Indon…

Oil Field

Mozambique Awards Five Offshore Oil and Gas Blocks to CNOOC

The Mozambican government has approved the terms of five oil research and production concession contracts with the China National Offshore Oil Corporation (CNOO…