Maritime News - page 112


Petronas Names New Chairman

Jul 12, 2021

Malaysia has appointed Mohd Bakke Salleh as the chairman of state energy firm Petroliam Nasional Berhad (Petronas), the prime minister's office said on Monday.The change comes as Petronas is recovering from a demand slump caused by the COVID-19 pandemic…

Chinese Seismic Giant Buys 18,000 Seabed Nodes from Sercel

Jul 12, 2021

CGG, a France-based provider of seismic data for oil and gas exploration, said Monday its subsidiary Sercel has recorded the first major sale of its recently launched GPR300 seabed nodal solution.Sercel sold the nodes to BGP, a China-based international geophysical services provider…

Big Oil Keeps Brakes on Spending, Despite Crude Rally Windfall

Jul 12, 2021

Leading international energy companies are resisting the temptation to rush and spend an unexpected windfall from rallying oil and natural gas prices as they focus on longer-term energy transition challenges, executives and analysts said.Benchmark…

Australia: WesternGas to Drill Sasanof-1 Well Using Valaris Rig. Taps AGR for Well Management

Jul 12, 2021

Australian oil and gas company Western Gas, the operator of the offshore Exploration Permit WA-519-P, said Friday it would drill the Sasanof-1 exploration well offshore Western Australia in Q1 2022, using a Valaris semi-submersible drilling rig…

Woodside Fixing Corrosion Issue at Plant that Processes Gas from Offshore Fields

Jul 09, 2021

Woodside Petroleum is rectifying a corrosion issue identified during planned maintenance at the Karratha gas plant in Western Australia, a company spokesperson said on Friday.'We have discussed with the regulator and are taking all necessary…

Transborders' FLNG Solution Re-Awarded Major Project Status by Australian Gov't

Jul 09, 2021

Australia's Transborders Energy, a company working to develop an FLNG solution for marginal field developments, said Thursday that its FLNG Solution development had secured the Major Project Status (MPS) renewal from the Australian Commonwealth Government…

China's CNOOC Dives into Uncharted Deep Waters in Bold Gas Pivot

Jul 09, 2021

When the first gas from CNOOC Ltd's new ultra-deep field in the South China Sea started flowing in late June to the world's largest customized floating platform 1,500 meters above the sea bed, it marked a key phase in China's gas drive.For CNOOC…

UN Expert Calls for Sanctions on Myanmar's Oil and Gas Sector to Cripple the Junta

Jul 08, 2021

A United Nations human rights investigator called on countries on Wednesday to impose economic sanctions on Myanmar's oil and gas sector to cripple the junta that took power five months ago.Myanmar has been in crisis since the military ousted Aung San Suu Kyi's elected government on Feb…

Valaris Clinches Jack-up Rig Deal in Saudi Arabia

Jul 07, 2021

Offshore drilling firm Valaris has won a contract extension with Aramco in Saudi Arabia for one of its standard-duty modern jackup drilling rigs.The Saudi national oil company has elected to extend the charter of the VALARIS JU-140 jack-up by 183 days…

Santos Taps McDermott for Bayu Undan EPCI

Jul 07, 2021

Oilfield services company McDermott has won a contract to deliver subsea systems for Santos' Bayu Undan field in the Timor Sea.The contract is for a Subsea, Engineering, Procurement, Construction and Installation (EPCI) of equipment at the Bayu-Undan Infill Well Phase 3C Project…

Petronas, CNOOC in $7B LNG Supply Deal

Jul 07, 2021

Malaysia's state oil firm Petronas has signed a 10-year liquefied natural gas (LNG) supply agreement with a subsidiary of China's offshore oil and gas major CNOOC Ltd valued at about $7 billion, the firm said on Wednesday.Petronas, or Petroliam Nasional Berhad…

BW Ideol Enters Floating Wind Partnership with Japanese Refiner Eneos

Jul 07, 2021

Oslo-listed floating wind tech developer BW Ideol has signed a deal with Japan's largest oil refiner Eneos to develop a site-specificcommercial-scale floating offshore wind farm off Japan.The floating wind farm would be based on BW Ideol's patented Damping Pool technology…

Shell to Hike Shareholder Returns After Sharp Rise in Oil Price

Jul 07, 2021

Royal Dutch Shell on Wednesday said it would boost its returns to shareholders via share buybacks or dividends after a sharp rise in oil and gas prices helped it reduce debt.It will increase its distribution to shareholders to 20% to 30% of cash flow from operations beginning in the second quarter…

Boost to Green Energy Investment Could Create 10 Million New Jobs

Jul 07, 2021

From offshore wind farms in Britain to floating solar power plants in Vietnam, about 13,000 renewable energy projects in nearly 50 countries are waiting for finance - and could create up to 10 million green jobs, consultancy EY-Parthenon said on Wednesday…

Siemens Gamesa's Offshore Wind Turbine Gets 'Typhoon-resistant' Certificate

Jul 06, 2021

Wind turbine maker Siemens Gamesa's offshore wind turbine SG 11.0-200 DD has received a typhoon-resistant type certificate from TÜV NORD, a trait especially important for the growing offshore wind ambitions in Asia.The wind turbine type is able…

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