Asia Pacific

The news of Japan to invest $36bn in US oil & gas as well as critical mineral projects is doing the rounds which, as...

Through Malaysia Petroleum Management - MPM, PETRONAS on February 11, 2026, went ahead and launched the Malaysia Bid Round 2026 - MBR 2026 by...

The dynamic maritime landscape of the Asia Pacific region is experiencing a revitalization driven by shifting offshore exploration trends and a focus on energy security. By opening new licensing rounds and targeting frontier basins, regional powers are seeking to secure domestic energy supplies while adapting to the evolving global energy transition.

The shifting landscape of Asian offshore energy markets focuses on low carbon development and offshore electrification to align traditional oil and gas operations with global sustainability targets. This transition is characterized by a dual-track approach that integrates renewable infrastructure with decarbonized fossil fuel extraction to maintain regional energy security.

Saipem has been awarded two offshore contracts in Saudi Arabia as per its present long-term agreement with Aramco, which has been issued as contract release...

The Petroleum Projects and Technical Consultations Company of Egypt, PETROJET, has gone on to secure a $273 million EPC contract - engineering, procurement, and construction...

China’s top offshore crude oil and natural gas producer, CNOOC Ltd., has gone ahead and announced the discovery of a major new oilfield in the Bohai...