Seadrill has added drilling work for West Vela, West Capella and Sevan Louisiana, extending contracted operations for the three rigs across the U.S. Gulf and Malaysia.
PTTEP has completed Thailand’s first total wellhead platform reuse at the G1/61 Project, cutting the schedule by around 70% and construction costs by approximately 35–50%.
Petronas has signed an MoU with regional operators and Universiti Teknologi Petronas to evaluate offshore oil recovery opportunities.
Hilong has secured its first EPCI platform contract from PTTEP for Myanmar’s M-3 gas development, covering two wellhead platforms for the Aung Sinkha field.
MHB says its unit Malaysia Marine and Heavy Engineering won a four-year PTTEP contract for Sarawak-related EPC work, covering marginal field facilities and up to 11 wellhead platforms to be built at Pasir Gudang.
TotalEnergies divests an indirect 9.998% of Malaysia’s SK408 to PTTEP via AzurVista Resources, while retaining 30.002%. The block produces gas and condensate with ongoing development.
TotalEnergies has lifted the four-year force majeure on its $20 billion Mozambique LNG project, with operations expected to start in 2029 pending government approval of an updated plan.
