London-listed independent energy company EnQuest has cleared a key hurdle in its proposed $833 million acquisition of interests in four offshore production sharing contracts in Malaysia after existing partners waived their pre-emption rights over one of the three transaction packages.
Eni Muara Bakau, a subsidiary of Eni-Petronas joint venture Searah, has extended a drilling job for Ventura Offshore’s SSV Catarina semi-submersible rig, operating offshore Indonesia.
India's top explorer Oil and Natural Gas Corp ONGC.NS will build a 1.75 million metric ton (MT) national strategic petroleum reserve in Mangalore in southern India
More liquefied natural gas tankers have resumed transiting the Strait of Hormuz in recent days, ship-tracking data showed, and 22 Japan-linked vessels have left the Gulf since Tuesday, Tokyo said
The possible collapse of U.S.-Iran peace talks and the stop-start flow of tankers through the Strait of Hormuz are a nightmare scenario for Gulf nations desperate to return to normal after a
Premium jackup dayrates have improved from 2025 lows and are now holding within a higher range, but pricing remains uneven across fixtures and geographies.
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