EnQuest secures PSA for offshore Brunei gas fields
EnQuest has signed a production sharing agreement for Block C offshore Brunei, covering three condensate-rich gas fields. Development will start with Merpati, with first gas expected by 2029. JV with Brunei Energy Exploration is planned.
Sapura Energy Berhad wins over RM 500M contracts in Thailand
Sapura Energy secured contracts for offshore installation, decommissioning, and subsea IRM services in Thailand. Work includes diving operations and pipeline removal using advanced subsea vessels.
Indonesia to bring 15 oil, gas projects online in 2025
Indonesia’s SKK Migas targets 15 oil and gas projects to become operational in 2025, with four already online. Total investment is USD 832M, contributing over 233,000 boepd.
BIG and PTT partner to develop a new Air Separation Unit
PTT and BIG signed a deal to build the MAP2 Air Separation Unit using LNG regasification cold energy. The unit supports multiple Thai industries with low-carbon industrial gases. Construction starts in Q1 2026.
CNOOC starts heavy crude production
CNOOC launched production from the Kenli 10-2 heavy crude oilfield in China’s Bohai Sea. The development involves 79 wells and a thermal recovery platform, with peak production of 19,400 boepd expected in 2026.