Asian Oil & Gas Activities - page 52


CIP Wins Rights to Build 500-600MW Offshore Wind Farm in Taiwan

Dec 14, 2022

Copenhagen Infrastructure Partners (CIP) said Wednesday it had been allocated 500–600 MW of capacity in the first round of Taiwan’s Round 3 Zonal Development offshore wind auction.'On December 14, 2022, it was announced that CI IV’s [a CIP subsidiary] Fengmiao offshore wind project…

Abu Dhabi's ADNOC Invites Banks to Pitch for Gas Business IPO - Sources

Dec 13, 2022

Abu Dhabi National Oil Company (ADNOC) has invited investment banks to pitch for roles in the initial public offering (IPO) of its gas business next year, two sources familiar with the matter told Reuters. Bankers familiar with the matter said…

Shell to Sell Stake in Baram Delta Offshore Malaysia for $475M

Dec 13, 2022

Shell Plc said on Tuesday it would sell its stake in two offshore production sharing contracts in Malaysia's Baram Delta for $475 million to Petroleum Sarawak Exploration & Production Sdn Bhd. The announcement comes after Shell announced in…

Petronas, JX Nippon Enter Deal for BIGST Offshore Fields in Malaysia

Dec 12, 2022

Malaysia's state energy firm Petronas said on Monday it would work with JX Nippon Oil & Gas Exploration Corp. on a joint proposal to monetize gas potential in the Bujang, Inas, Guling, Sepat, and Tujoh (BIGST) fields located off the shores of peninsular Malaysia…

Chinese Firm Takes Delivery of Offshore Wind Crew Transfer Vessel

Dec 12, 2022

Chinese company Goldsea Marine Offshore Engineering has taken delivery of a new Incat Crowther-designed catamaran crew transfer vessel. The Incat Crowther 32, built by AFAI Southern Shipyard in Guangzhou, has a large cargo zone and a maximum speed of up to 25 knots…

Lebanon Extends Offshore Exploration Licensing Round Deadline Again

Dec 09, 2022

Lebanon has again extended the deadline for applications to explore for hydrocarbons in eight offshore blocks, the energy ministry said on Friday.The deadline had already been extended several times, most recently from June until Dec. 15. Lebanon’s…

Wah Seong Wins $127M FPSO Topside Module Order

Dec 09, 2022

Wah Seong Corporation's Singapore-based subsidiary, WS Engineering & Fabrication Pte. has won a contract to build FPSO topside modules from Malaysian FPSO supplier Yinson.The contract is worth around $127 million.According to Wah Seong, the scope of work of the contract involves engineering…

TotalEnergies Pulls Out of Russia's Novatek with $3.7B Write-down

Dec 09, 2022

French oil giant TotalEnergies, one of the last Western holdouts in Russia after the war in Ukraine, said it was withdrawing its two members from Novatek's board and would take a $3.7 billion hit to write off the value of its stake in the Russian group…

Gulf of Thailand: Valeura Energy to Buy Three Offshore Blocks from Mubadala Petroleum

Dec 07, 2022

Oil and gas company Valeura Energy has agreed to buy three offshore blocks in the Gulf of Thailand from Mubadala Petroleum's subsidiary, Busrakham Oil & Gas.Valeura will acquire operated interest in in three offshore licences in the Gulf of Thailand that include the Nong Yao (Licence G11/48)…

DEME, Penta-Ocean Unveil Upgraded Wind Turbine Installation Vessel Model

Dec 07, 2022

Belgium's Princess Astrid of Belgium and Japanese State Minister of Land, Infrastructure, Transport and Tourism, Hiroo Ishii took part in the unveiling ceremony of the upgraded ‘Sea Challenger’ offshore wind turbine installation vessel in Tokyo on Tuesday…

Petronas Makes 'Significant' Oil & Gas Discovery Offshore Malaysia

Dec 07, 2022

Malaysian oil and gas company Petronas Carigali on Wednesday announced an oil and gas discovery at the Nahara-1 well in Block SK306,  in Malaysia.The discovery is located in the shallow waters of Balingian Province, about 150 kilometers from Bintulu…

Indonesia Eyes IPOs at Two Pertamina Units Next Year

Dec 07, 2022

Indonesia aims to launch initial public offerings for the upstream and geothermal units of state firm energy Pertamina next year to fund expansion, a senior government official told parliament on Wednesday. Pertamina Hulu Energi, the upstream unit of Pertamina…

ADNOC Awards Food Catering Services Deals Worth $272M

Dec 06, 2022

Abu Dhabi National Oil Company (ADNOC) has signed contracts worth over AED 1 billion (around $272,25 million) with four Abu Dhabi companies to provide food catering services to all ADNOC Group companies from 2022 to 2027.The contracts were signed…

Marco Polo Marine Eyes Offshore Wind Work in Japan

Dec 06, 2022

Marco Polo Marine, a Singapore-listed offshore vessel company, is looking to enter the Japanese offshore wind market and has signed a memorandum of understanding with 'K' Line Wind Service in that regard.Both parties, according to Marco Polo Marine…

Philippines Must Find Way to Exploit South China Sea Resources, says President Marcos

Dec 02, 2022

The Philippines must find a way to explore for oil and gas in the South China Sea even without a deal with China, President Ferdinand Marcos Jr said on Thursday, emphasizing his country's right to exploit energy reserves in the contested waterway…

Current News

EnQuest Acquires Harbour Energy’s Vietnamese Assets

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

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