Asian Oil & Gas Activities - page 38


Copenhagen Energy's Offshore Wind Project Gets Support from W. Australia Gov't

Jun 15, 2023

Danish renewable energy firm Copenhagen Energy has received support from the Western Australia Government as it progresses plans for its Leeuwin Offshore Wind Farm project.The project has been awarded Lead Agency status by the Department of Jobs…

Pilot Energy and KNCC Partner to Store CO2 Offshore Australia

Jun 15, 2023

Australian oil and gas company Pilot Energy and Norway's Knutsen NYK Carbon Carriers (KNCC) have entered into a memorandum of understanding to collaborate on offering an integrated solution for marine transportation and offshore injection of CO2 at the Cliff Head CCS Project…

Will India's New Wind-energy Push Make Green Jobs Fly?

Jun 15, 2023

As a child, Nandha Kishore S.R. was fascinated by the wind turbine installed at a wind energy institute near his home in southern India and dreamt of one day operating such equipment.Years later, the engineering graduate trained at the same institute in Chennai and started working in the sector…

MOL Group Enters CTV Business with Charter Deal for Ishikari Bay New Port Wind Farm

Jun 15, 2023

Japan's Mitsui O.S.K. Line has concluded a time charter contract with Shimizu Corporation for two crew transfer vessels (CTV) for an offshore wind farm at Ishikari Bay New Port. 'This marks the MOL Group’s first entry into the CTV business. In addition…

Indian Oil Firm Moves 36 Offshore Drilling Rigs Ahead of Monsoon Season

Jun 13, 2023

India’s Oil and Natural Gas Corporation (ONGC) has recently moved 36 offshore drilling rigs to new locations in advance of the monsoon season, with assistance from ABL.'ABL have assisted as tow master and marine warranty service (MWS) provider on the rig moves…

DNV, Institute of Energy Vietnam, and PTSC M&C Join Forces to Propel Vietnam's Offshore Wind

Jun 13, 2023

DNV, Institute of Energy Vietnam, and PTSC M&C have signed a memorandum of understanding to deliver one of Vietnam’s first offshore wind power assets.With the Government of Vietnam recently approving Power Development Plan 8, offshore wind power…

Malaysia's Sapura Energy Lands $303 Million in Contracts for Offshore Projects

Jun 08, 2023

Malaysia's Sapura Energy said Thursday it had, between December 2022 and May 2023, secured ten contracts worth around 1.4 billion Malaysian ringgit (currently around $303 million) across the Asia Pacific and Atlantic regions.The contracts were secured across its Engineering and Construction (E&C)…

ADNOC L&S to Build $975M Artificial Island for Lower Zakum Offshore Field

Jun 08, 2023

ADNOC Offshore has awarded ADNOC Logistics and Services a $975-million contract to build an artificial island for an offshore oil field project in Abu Dhabi.According to ADNOC L&S, at least 75% of the total contract value for dredging, land…

Kazakhstan to Press Ahead with $16.5B Claim Against Oil Majors

Jun 06, 2023

Kazakhstan is pressing ahead with $16.5 billion in claims against international oil majors over disputed project costs and has no plans for a possible out-of-court settlement, Energy Minister Almasadam Satkaliyev said on Tuesday.The legal wrangling…

Saudi Output Cut Unlikely to Lift Oil Prices to High $80s-low $90s, Citi Says

Jun 06, 2023

Top crude exporter Saudi Arabia's one million barrel per day (bpd) oil output cut is unlikely to underpin a 'sustainable price increase' into the high $80s-low $90s with weak fundamentals pointing to lower prices by year-end, Citi analysts said in a note on Tuesday…

CGG's Sercel Sells 6000 Seabed Nodes to Sinopec

Jun 06, 2023

French seismic data firm CGG said Tuesday that its subsidiary Sercel had made a major sale of its GPR300 seabed nodal solution to Sinopec, the Chinese oil and gas exploration, refining, and distribution company. Over 6,000 nodes will be deployed…

Vietnam: FSO PTSC Bien Dong 01 Contract Renewed for 5 Years

Jun 06, 2023

PTSC South East Asia (PTSC SEA) has received a 5-year extension for the bareboat charter contract for FSO PTSC Bien Dong 01.PTSC South East Asia is a joint venture between Malaysia's Yinson Production (“YP”) and PetroVietnam Technical Services Corporation (PTSC)…

Kazakhstan’s Oil Output Drops 3% in May vs April to 1.55 mln bpd - Sources

Jun 05, 2023

Kazakhstan cut its oil production (excluding gas condensate) by 3% on a daily basis in May compared to April to 1.55 million barrels per day (bpd), Reuters calculations based on data from two sources familiar with preliminary data showed on Monday…

Why is OPEC+ Cutting Oil Output?

Jun 05, 2023

The Organization of the Petroleum Exporting Countries and allies including Russia, a group known as OPEC+ which pumps around 40% of the world's crude, agreed on a new oil output deal on Sunday.Saudi Arabia, the group's biggest producer, will…

New Zealand: MN1 Offshore Well Restarts Oil Production After Year-Long Shutdown

Jun 05, 2023

The MN1 oil production well at the OMV-operated Maari/Manaia field offshore New Zealand has restarted production after having been offline since May 2022.Cue Energy, a partner in the Maari Joint venture, on Friday, announced the successful repair of the well…

Current News

Woodside Finds South Korean Partners to Advance LNG Value Chain

Valeura Makes Progress with Multi-Well Drilling Campaign in Gulf of Thailand

Santos and QatarEnergy Agree Mid-Term LNG Supply

PTTEP Hires Energy Drilling’s Rig for Southeast Asia Offshore Job

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

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