QatarEnergy Pushes Back North Field East LNG Train 1 Startup to First Half of 2027

State-owned QatarEnergy has delayed the startup of the first liquefied natural gas (LNG) production train under its North Field East (NFE) project from the originally planned 2026 to the first half of 2027. Energy Minister and QatarEnergy CEO Saad Sherida Al-Kaabi said disruptions to shipping through the Strait of Hormuz could affect the delivery schedule […]

Thailand’s PTTEP Takes Final Investment Decision on Bussabong Gas Field in Gulf of Thailand

PTT Exploration and Production (PTTEP), Thailand’s state-owned oil and gas exploration and production company, announced it has taken a final investment decision (FID) on development of the Bussabong gas field (G3/65 project) in the Gulf of Thailand. First production is targeted for 2028, with the field to be tied back via subsea pipeline to the […]

Petronas and PTTEP Secure 35-Year PSC for Block A-18-01 in Malaysia-Thailand Joint Development Area

Petronas Carigali (PC JDA), a subsidiary of Malaysia’s national oil company Petronas, and PTTEP JDX, a subsidiary of Thailand’s PTTEP, have received approval from the governments of both countries for a new 35-year Production Sharing Contract (PSC) for Block A-18-01 in the Malaysia-Thailand Joint Development Area (MTJDA). At the same time, the two companies signed […]

Petronas Carigali and PTTEP Sign New 35-Year PSC for MTJDA Block A-18-01

Malaysia’s Petronas Carigali and Thailand’s PTTEP have signed a new 35-year production sharing contract (PSC) for Block A-18-01 in the Malaysia-Thailand Joint Development Area (MTJDA), it is reported. The contract takes effect from January 1, 2026, and was officially announced on September 14, 2026. The new agreement consolidates the existing A-18 block (set to expire […]

ADNOC Approves $6.2 Billion Final Investment Decision for Umm Shaif Gas Cap Development

Abu Dhabi National Oil Company (ADNOC) has reportedly approved a $6.2 billion final investment decision (FID) for the development of the Umm Shaif gas cap. The project reportedly involves ADNOC together with partners TotalEnergies, Eni and China National Petroleum Corporation (CNPC), and is targeted for completion by 2030 with a goal of producing more than […]