Align APAC completions sourcing to rising rig and FEED activity

While Gas Malaysia is the project lead and sponsor during the development phase, the partners will undertake technical studies, commercial negotiations, regulatory work, and project management ahead of FID. With a capacity of 6 million tons per annum (mtpa), the terminal will comprise an offshore floating LNG storage and regasification (FSRU), marine infrastructure, a subsea gas pipeline, and an onshore receiving facility

With a capacity of 6 million tons per annum (mtpa), the terminal will comprise an offshore floating LNG storage and regasification (FSRU), marine infrastructure, a subsea gas pipeline, and an onshore receiving facility

With a capacity of 6 million tons per annum (mtpa), the terminal will comprise an offshore floating LNG storage and regasification (FSRU), marine infrastructure, a subsea gas pipeline, and an onshore receiving facility. The latest FEED award comes less than three months after Technip Energies received full notice to proceed (FNTP) with an engineering, procurement, and construction (EPC) contract for the Commonwealth LNG export facility in Louisiana

After quarter-end, the rig owner completed the acquisition of five premium jack-up rigs via a new 50/50 joint venture for a total purchase price of $287 million

Meanwhile, the Skald rig started operations with Vestigo Petroleum in Malaysia in late May 2026; the Prospector 5 rig concluded operations with Eni in Congo in late May 2026 and began operations with BW Energy in Gabon in early July 2026; and the Joro rig finished operations with Siemens Energy in Germany in late May 2026; thus, it is warm-stacked in the United Kingdom. In addition, the Sif rig kicked off operations with Petronas in Suriname in mid-July 2026; the Idun rig commenced operations with an undisclos

The Galar rig has received a contract extension with Pemex in Mexico to remain on drilling duty from May 2028 to May 2030. The Gersemi rig has been awarded a contract extension from May 2028 to May 2030 with the same operator in the North American country

Regarding the Impala redevelopment, the Impala-1 well, which had remained shut in since 2017, has been returned to production as part of the light well intervention (LWI) program

“Sustainable production rates will be established following well clean-up and flow-back operations

The company underlines that production was re-established via a slickline intervention that identified and removed a shallow wellbore obstruction after acid stimulation undertaken during an earlier LWI program proved unsuccessful. The firm notes that the well intervention also provided valuable reservoir pressure and well productivity data, which supports the expected production estimates for the planned Impala-2 development well