Oil and gas company Harbour Energy has started drilling the Gayo-1 exploration well in the Andaman II block, offshore Indonesia.Drilling started on December 31, 2023, using West Capella ultra-deepwater drillship.According to SKK Migas, Indonesia’s government regulator, the efforts are being made to re-explore potential oil and gas reserves in the Andaman II, inspired by discovery of significant oil and gas reserves through the Timpan-1 exploration well in 2022…
Indonesia is looking to offer more oil and gas blocks in North Sumatra basin this year following a major discovery by Mubadala Energy in a bid to accelerate gas production, a senior energy ministry official said on Tuesday.The energy ministry…
Mubadala Energy has made a significant gas discovery from the Layaran-1 Exploration well, drilled in South Andaman, offshore North Sumatra in Indonesia.Mubadala Energy is the operator of the South Andaman Gross Split PSC and this is the first deep water well operated by the company…
Abu Dhabi state fund Mubadala Investment and Japanese oil and gas explorer Inpex are among firms competing to acquire SapuraOMV in a deal expected to be worth about $1.2 billion, according to two sources with direct knowledge.The sale of the…
Israel, which has become a major gas exporter in recent years, has shut down several major energy sites since Hamas militants attacked southern Israel on Oct. 7, sparking a wider conflict in the Gaza Strip.Following are the sites impacted by the conflict so far:THE TAMAR GAS FIELDIsrael on Oct…
Israel is suspending production at the Tamar gas field off its southern coast and will seek alternative fuel sources to meet its needs, the energy ministry said on Monday, following three days of violence in the region.Chevron, which operates the field…
Egypt denied reports its giant Zohr gas field was facing technical problems, in a statement on Monday, instead highlighting investments to boost its production. Total investment in the offshore gas field has reached $12 billion and is expected to hit $15 billion in three years…
Spanish utility Iberdrola has signed an exclusive deal with Abu Dhabi's Masdar to develop a 476 megawatt (MW) offshore wind farm in German waters in the Baltic Sea, Expansion newspaper reported on Wednesday, citing unidentified market sources…
Malaysia-based energy industry services firm Uzma has, via its Thai subsidiary MMSVS secured a contract with the oil company Valeura Energy Inc.The three-year contract is for the provision of coil tubing equipment and services in the Gulf of Thailand…
BP and Abu Dhabi's state oil giant ADNOC on Tuesday made an offer to acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2 billion.The offer would involve acquiring NewMed's free floating shares and taking the company…
Malaysian oil and gas company Petronas together with its Petroleum Arrangement Contractors (PACs) recorded a total of 10 oil and gas discoveries in Malaysia in 2022, following the increase of exploration activities in the country. Eight oil and gas discoveries were made off the coast of Sarawak…
Abu Dhabi National Oil Company (ADNOC) has agreed to acquire a 24.9% shareholding in Austrian oil and gas group OMV from Abu Dhabi state fund Mubadala Investment Company, the two companies said on Wednesday. Upon closing of the transaction,…
Oil and gas company Valeura Energy has agreed to buy three offshore blocks in the Gulf of Thailand from Mubadala Petroleum's subsidiary, Busrakham Oil & Gas.Valeura will acquire operated interest in in three offshore licences in the Gulf of Thailand that include the Nong Yao (Licence G11/48)…
Mubadala Energy on Tuesday confirmed the discovery of a good-quality gas reservoir penetrated by the Cengkih-1 exploration well in Block SK320, off the coast of Sarawak province, offshore Malaysia. Preliminary analysis shows a significant gas…
Offshore drilling contractor Borr Drilling has secured a binding Letter of Award for its jack-up drilling rig Mist.The deal is with the Abu Dhabi-based Mubadala Petroleum for drilling in Thailand. The contract length has an estimated duration of 210 days…
AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week
