Skip to content

Southeast Asia’s deepwater gas expansion faces ‘fragile economics’ challenge

As Southeast Asia’s second wave of deepwater gas projects targets a 28 trillion cubic feet (tcf) supply, Wood Mackenzie, an energy intelligence group, has shed light on the way operators can navigate what it describes as ‘fragile economics’ to unlock this new deepwater gas supply across the region. The post Southeast Asia’s deepwater gas expansion faces ‘fragile economics’ challenge appeared first on Offshore Energy.

Prosafe set on securing ‘follow-on’ vessel work

Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has provided insight into its fleet utilization for the first quarter of 2026 and its future expectations. The post Prosafe set on securing ‘follow-on’ vessel work appeared first on Offshore Energy.

Fast-tracking approvals process key to unlocking Australia’s new oil & gas projects

Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has applauded a commitment to stable policy settings for the energy future, as encouraging investment in early-stage exploration helps bolster efforts to unlock the next generation of supply. The post Fast-tracking approvals process key to unlocking Australia’s new oil & gas projects appeared first on Offshore Energy.

Woodside in the clear for plug & abandonment ops offshore Australia

Australian energy giant Woodside has received a blessing for its environmental plan (EP) from the country’s offshore regulator for permanent plug and abandonment (P&A) of multiple subsea exploration wells off the coast of Australia. The post Woodside in the clear for plug & abandonment ops offshore Australia appeared first on Offshore Energy.