Reposition APAC drilling sourcing after Woodside Browse move

LNG carrier Sohshu Maru at JERA’s Futtsu LNG terminal; Source: JERA JERA has confirmed the arrival of its first LNG cargo at the Futtsu LNG terminal in Japan from the Barossa gas project in Australia, marking the start of LNG deliveries from the project to the company in support of the Asian country’s stable supply

Home Fossil Energy Australian gas project’s LNG comes to Japan as JERA brings in first cargo June 12, 2026, by Japan’s power generation major JERA has taken delivery of its first liquefied natural gas (LNG) cargo from a giant gas project off the coast of Australia’s Northern Territory. LNG carrier Sohshu Maru at JERA’s Futtsu LNG terminal; Source: JERA JERA has confirmed the arrival of its first LNG cargo at the Futtsu LNG terminal in Japan from the Barossa gas project in Australia, marking the start of LNG del

The project’s annual LNG production capacity is approximately 3

Home Subsea KOIL picks up new subsea umbilical gig June 12, 2026, by Houston-based subsea energy equipment and services specialist KOIL Energy Solutions has secured a project for subsea umbilical handling, spooling, and storage services with an undisclosed company. KOIL’s newly acquired mobile offshore carousel; Source: KOIL KOIL Energy has revealed the award of what it describes as a major subsea umbilical handling, spooling, and storage services project, which requires two large carousels

The firm will deploy both a newly acquired, large mobile offshore carousel and an existing carousel asset to execute the work. Erik Wiik, President and Chief Executive Officer of KOIL Energy, commented: “This award is a pivotal moment for KOIL and further validates our strategy to scale our rental equipment and services platform

KOIL’s newly acquired mobile offshore carousel; Source: KOIL KOIL Energy has revealed the award of what it describes as a major subsea umbilical handling, spooling, and storage services project, which requires two large carousels. The firm will deploy both a newly acquired, large mobile offshore carousel and an existing carousel asset to execute the work

Home Fossil Energy Equinor’s North Sea P&A ops with COSL’s 2012-built rig cleared for action June 12, 2026, by Norway’s state-owned energy giant Equinor has received the Norwegian authorities’ blessing for plugging and abandonment (P&A) activities in the North Sea, which will be undertaken with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player

COSL Promoter; Source: COSL Drilling Europe The Norwegian Ocean Industry Authority (Havtil) has granted Equinor consent to use the 2012-built COSL Promoter semi-submersible rig for permanent plugging and abandonment on the Tordis field. The consent covers plugging and abandonment of 34/7-K-4 HT2, and the goal of the activity is to permanently plug the reservoir and Lista formation to improve the barrier status of the well

COSL Promoter; Source: COSL Drilling Europe The Norwegian Ocean Industry Authority (Havtil) has granted Equinor consent to use the 2012-built COSL Promoter semi-submersible rig for permanent plugging and abandonment on the Tordis field

Browse to North-West Shelf project development concept; Source: Woodside Woodside has given notice exercising its right to pre-empt the sale of a 10. 67% participating interest that PetroChina International Investment (Australia) (CNPC) holds in the Browse joint venture (BJV), including titles covering the Brecknock, Calliance, and Torosa gas fields offshore Western Australia, to a subsidiary of Inpex

“We will continue working with the Browse Joint Venture to fully evaluate development opportunities. This includes advancing technical definition, commercial arrangements and regulatory approvals

This acquisition is a disciplined and capital efficient way to align integrated value in these assets for a development with long-term cash flow potential