Reposition APAC P&A Capacity Ahead of Shifting Offshore Activity

Designed to deliver up to 150 million standard cubic feet per day (scfd) of gas, the project encompasses brownfield modifications, the installation of a new central gas facility (CGF) platform, and the drilling of up to 15 gas wells

Home Fossil Energy Perenco pens gas deal for Southeast Asian offshore project June 25, 2026, by Perenco Vietnam, part of Anglo-French oil and gas player Perenco, has inked a gas sales and purchase agreement (GSPA) for a project off the coast of Vietnam, Southeast Asia

Illustration; Source: Perenco Perenco has signed the GSPA for the Su Tu Trang Phase 2B project on Block 15-1 offshore Vietnam, which will supply more than 600 billion cubic feet (bcf) of gas over its life, supporting growing energy demand in Southeast Vietnam and contributing to the country’s energy security

Home Fossil Energy BP, ONGC upping the production ante in ‘most prolific’ oil & gas region offshore India June 25, 2026, by UK-headquartered energy giant BP has joined forces with India’s government-owned energy giant Oil and Natural Gas Corporation (ONGC) to bolster hydrocarbon output in the Western Offshore Basin (Arabian Sea), seen as India’s “most prolific” offshore hydrocarbon region. Illustration; Source: ONGC ONGC and BP have signed a technical services contract to enhance production from the Asian playe

The UK-headquartered giant will receive a fixed fee for the first two years, followed by a service fee linked to a percentage share of revenue generated from net incremental hydrocarbon production

” BP will work closely with ONGC’s multidisciplinary teams to identify and implement focused interventions across reservoirs, wells, and production facilities, as the collaboration will seek to moderate natural production decline, improve hydrocarbon recovery and operational efficiency, and support sustained production growth

Captain Stephen Craig, ABL’s Group Director for Rig Operations, commented: “This period has set new benchmarks in terms of the number of rig moves executed, total distance covered, and overall operational delivery across both the India and Middle East regions. “This success reflects the dedication of our offshore teams, including our tow masters and marine warranty surveyors, supported by our geotechnical and structural engineers, onshore operations teams across multiple countries, and all supporting personnel

Rig move illustration; Source: ABL, part of Aqualis ABL has supported India’s ONGC in completing 44 jack-up rig moves ahead of the monsoon season, executed between March 15 and May 31, 2026, with a combined total distance exceeding 5,500 nautical miles. The firm emphasizes that all rigs were relocated to their designated locations ahead of the onset of seasonal adverse weather conditions

ABL was appointed by ONGC’s underwriters and their consultants to provide marine warranty services across the fleet of jack-ups and mobile offshore production units operating within Indian waters

The contract is defined as sizeable, meaning it is worth between NOK 100 million and NOK 500 million (around €9 million-€45 million)

Home Fossil Energy Ocean Installer to recover 1,000 tons of subsea infrastructure for TotalEnergies June 25, 2026, by Norway’s marine construction and operations player Ocean Installer, part of the Moreld Group, has won a contract with TotalEnergies that includes the recovery of around 1,000 tons of subsea infrastructure. Source: Ocean Installer Awarded for the Byggve, Skirne and Atla fields in the North Sea, the project covers engineering, extensive dredging operations, recovery of subsea structures and pipelin

Source: Ocean Installer Awarded for the Byggve, Skirne and Atla fields in the North Sea, the project covers engineering, extensive dredging operations, recovery of subsea structures and pipelines, and transportation to shore for disposal