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Asian Oil and Gas News

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Velesto Gets Shell’s Deepwater Job Offshore Malaysia
Malaysia’s oil and gas services firm Velesto has secured two contracts from Sabah Shell Petroleum Company (SSPC), a subsidiary of Shell, to support its deepwater operations offshore Sabah in Malaysia…

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Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal
Subsea7 has secured a large variation order by Turkish Petroleum Offshore Technology Center AS (TP-OTC) relating to the Sakarya field development in the Black Sea…

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Asia’s Oil Reliance on Middle East Explained
Asia depends on oil and gas from the Middle East, sourcing 60% of its crude from the region, making it highly vulnerable if the Iran war causes a prolonged closure…

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Oil Prices Go Up 3% as Iran Crisis Disrupts Supply
Oil prices rose 3% on Wednesday as the U.S.-Israeli war on Iran disrupted Middle East supplies, but the pace of gains slowed from past sessions after President Donald Trump suggested the U…

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Petronas Picks OceanSTAR Elite FPSO for Asian Oil and Gas Project
OceanSTAR Engineering, a subsidiary of OceanSTAR Elite, has entered into a long-term contract with Petronas for the provision of lease, operation and maintenance…

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