Energy News


MMA Offshore to Support Woodside's Scarborough Drilling Campaign

Apr 05, 2022

Australian oil and gas company Woodside has awarded a contract to Australian offshore vessel owner MMA Offshore to support offshore field development drilling for the Scarborough Project in Australia’s North West.The contract is for a firm period of 350 days…

Pilot Takes Over WA 481P Offshore Block in Australia

Apr 05, 2022

Australia's Pilot Energy Limited has increased its interest in the WA 481P offshore exploration permit off W. Australia to 100% following receiptof final approval from the National Offshore Petroleum Tenures Administrator (NOPTA) of Pilot’s…

Green Jade Offshore Installation Vessel Launched in Taiwan

Apr 05, 2022

An official launching ceremony for the Green Jade DP3 heavy lift and installation vessel, the first such vessel built in Taiwan, was held at CSBC’s shipyard in Kaohsiung, Taiwan.The news was shared by the Belgian offshore installation firm DEME Offshore…

Technip Energies Lands FEED Contract with Equinor for Floating Wind Project in S. Korea

Apr 04, 2022

Norwegian energy company Equinor has hired Technip Energies to carry out a Front-End Engineering Design (FEED) for the offshore floating wind Firefly project, located 70 kilometers offshore the East Coast of South Korea.The FEED contract covers the engineering…

Two 3D Surveys: Shearwater GeoServices Wins First Contract with South Korea's KNOC

Apr 04, 2022

Marine seismic survey firm Shearwater GeoServices has secured deals for two 3D seismic surveys offshore South Korea, together with seismic data processing and imaging by Korea National Oil Corporation (“KNOC”). This is Shearwater’s first contract with KNOC…

First Turbine Up, 110 to Go at Ørsted's Offshore Wind Farm in Taiwan

Apr 01, 2022

Danish offshore wind farm developer Ørsted has installed the first wind turbine at its Greater Changhua 2a offshore wind farm in Taiwan.The wind farm is part of the 900 MW Greater Changhua 1 & 2a project. Ørsted announced the milestone via social media…

'Siem Sapphire' Providing W2W Services for Offshore Wind Farm Commissioning in Taiwan

Apr 01, 2022

Norwegian offshore vessel owner Siem Offshore has signed a new contract for the “Siem Sapphire” AHTS vessel for operations in Taiwan. 'Delivery [of the vessel] has already taken place, and secures firm utilization well into the third quarter of 2022 plus options…

Keppel Offshore & Marine, Sembcorp Marine Working on Merger

Mar 31, 2022

Keppel Corp's offshore and marine (O&M) arm and smaller rival Sembcorp Marine are working towards having an agreement over their business unification in place by the end of April, the companies said on Thursday.The companies had first announced…

Equinor Taps Havfram for Floating Wind Installation Study in S. Korea

Mar 31, 2022

Norwegian energy firm Equinor has awarded offshore installation company Havfram a contract to carry out a transport and installation study on the Firefly floating offshore wind project in South Korea.The Firefly project is an 800MW project and…

China Oil Giant CNOOC Plans $5.5B Shanghai Listing

Mar 31, 2022

CNOOC, China's top offshore oil and gas producer, plans to raise 35 billion yuan ($5.5 billion) via a public share sale in Shanghai next month to fund oil and gas excavation as Beijing prioritises energy security amid rising geopolitical risks…

Pluto Gas Processing Starts at Australia's North West Shelf, Woodside Says

Mar 31, 2022

Australian oil and gas company Woodside said Wednesday that the processing of gas from the offshore Pluto fields in W. Australia had started ahead of schedule at the North West Shelf Project’s (NWS) Karratha Gas Plant (KGP). 'This accelerated…

Strohm, Petronas Partner Up to Commercialize Thermoplastic Composite Pipes

Mar 29, 2022

Thermoplastic composite pipe (TCP) maker Strohm has signed an agreement with Petronas Technology Ventures (PTVSB) part of the Malaysian oil and gas company Petronas, to commercialise TCP in the industry and scale its utilisation across Petronas facilities…

Oil Up Again on Tight Supply, Steady Demand

Mar 29, 2022

Oil prices rose on Tuesday, recovering some of the previous session's losses as Kazakhstan's supplies continued to be disrupted and major producers showed no sign of being in a hurry to boost output significantly.Brent crude LCOc1 rose $1.54…

Report: India's ONGC Sells Russia's Sokol Oil to Indian Refiners

Mar 28, 2022

India's ONGC Videsh Ltd has sold at least one cargo of Russian Sokol oil to India refiners Hindustan Petroleum Corp and Bharat Petroleum Corp after failing to draw interest in a tender earlier this month, sources familiar with the matter said…

Oil Prices Drop on Concerns of Weaker Chinese Demand

Mar 28, 2022

Oil prices tumbled more than $6 on Monday as fears over weaker fuel demand in China grew after financial hub Shanghai lockdown efforts to curb a surge in COVID-19 infections.Brent crude LCOc1 futures slid as low as $113.72 a barrel and were trading down $5…

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