Maritime News - page 93


BW Offshore's Barossa FPSO JV Gets Regulatory Approval

Sep 24, 2021

FPSO supplier BW Offshore has received regulatory approvals for the Joint Venture Partnership consisting of BW Offshore Limited, ICMK Offshore Investment Pte Ltd, and Macquarie Bank Limited for the Barossa FPSO project.As previously informed…

Offshore Seismic Vessel Utilization Hits Pre-pandemic Levels, Rystad Says

Sep 23, 2021

Vessel utilization in the offshore oil and gas seismic data acquisition sector has reached pre-pandemic levels in the third quarter of 2021, Rystad Energy has found.Rystad, a Norway-based energy industry intelligence firm, said that, after several devastating quarters caused by the pandemic…

CNOOC Powers Bohai Bay Oil Fields from Shore

Sep 23, 2021

Chinese offshore oil and gas company CNOOC said Thursday that a project to power Bohai Bay offshore fields from shore has kicked off operation successfully.'This onshore power project is located in the mid-western Bohai Bay,  containing two parts…

Shearwater GeoServices in Bass Strait 3D Seismic Survey

Sep 22, 2021

Seismic survey company Shearwater GeoServices has secured a 3D seismic exploration survey contract with Beach Energy in Australia.Using the Geo Coral seismic vessel, Shearwater will conduct the Prion 3D seismic survey starting in late October…

Sapura Energy CFO to Step Down

Sep 21, 2021

Malaysian oil and gas producer and energy services provider Sapura Energy said Tuesday that Reza Abdul Rahim would step down from his position as Chief Financial Officer.He will step down on October 1, 2021, after more than five years in the role…

BP Gambles Big on Fast Transition from Oil to Renewables

Sep 20, 2021

Deep in the Oman desert lies one of BP's more lucrative projects, a mass of steel pipes and cooling towers that showcases the British energy giant's pioneering natural gas extraction technology.The facility earned BP Plc more than $650 million in profits in 2019…

Safety Milestone for Japan Drilling Company's Jack-up Rig

Sep 20, 2021

Offshore drilling firm Japan Drilling Company said last week that its jack-up drilling rig Hakuryu-11 had reached a safety milestone.Namely, the rig has managed to achieve a three-year milestone of No Recordable Incident Record - for the September 14…

Tanjung Offshore Taps Handal for Offshore Crane Services

Sep 20, 2021

Malaysian offshore services firm Handal Energy has recently secured a contract from Tanjung Offshore Services for the provision of portable crane equipment and services package.Handal said Friday that it had reached a contract agreement with TOS April 27…

ONGC Awards 3-year Contract for Shelf Drilling's Jack-up Rig

Sep 20, 2021

Jack-up drilling rig contractor Shelf Drilling has secured a three-year drilling contract with India's ONGC for the Parameswara jack-up rig.The contract is for operation in the Mumbai High area, offshore India's west coast. The planned start-up of operations is Q1 2022…

Investors Managing $10 Trillion Set Tough Climate Blueprint for Big Oil

Sep 17, 2021

Investors managing more than $10 trillion on Wednesday published an ambitious blueprint for energy companies seeking to tackle climate change, including sharp cuts to greenhouse gas emissions and a winding down of oil and gas production.The…

Malaysia's Kimanis Oil Exports Hit by Issue at Shell Offshore Field

Sep 16, 2021

Exports of Malaysia's flagship crude oil Kimanis will fall in October and November after a production issue at an offshore oilfield operated by Royal Dutch Shell, three sources with knowledge of the matter said.Petroleum Brunei, one of the stakeholders…

Saudi Aramco, McDermott Sign MoU for Use of SAFIRA Yard

Sep 15, 2021

Saudi Arabia's national oil company Saudi Aramco has signed a memorandum of understanding with energy industry construction and installation firm McDermott to explore the use of McDermott's SAFIRA fabrication yard for construction services for Saudi Aramco's upstream and downstream projects…

Chevron to Triple Low-carbon Investments

Sep 14, 2021

U.S. oil producer Chevron Corp on Tuesday pledged to triple to $10 billion its investments in low-carbon fuel and projects through 2028 amid pressure to boost clean-energy markets.Oil producers globally have stepped up plans to transition to a less carbon intensive production…

Japan to Open Bidding for Akita Area Offshore Wind Farm

Sep 14, 2021

Japan's industry ministry will open bidding for an area off Akita, northern Japan, for the development of an offshore wind farm while designating four 'promising areas' and identifying 10 as potentially suitable for development, it said in a statement…

Ampelmann First to Deploy Motion-Compensated Gangway in China's Offshore Wind Sector

Sep 14, 2021

Dutch offshore access provider Ampelmann has signed its first contract offshore China, to provide the A-type gangway to Guangdong Safety New Energy for the offshore wind works off Guangdong province. Ampelmann said it was able to secure this…

Current News

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

South Korean Firm Buys Into Indonesian Offshore Oil Block

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

Yinson Production Cuts First Steel for Vietnam-Bound FSO

CNOOC Makes Major Oil Discovery in Bohai Sea

DOF Bags Two Deals in Asia-Pacific Region

CNOOC Launches New Offshore Oil Development in Southern China

Saipem Nets Multibillion-Dollar Job at World's Largest Offshore Gas Field

Indonesia Tenders Eight Oil and Gas Blocks as Output Declines

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