Maritime News - page 113


Chevron Bets on Middle East Gas Riches and Reconciliation

Oct 26, 2020

After years of focusing on U.S. shale, Chevron Corp is staking its natural gas future on the Middle East, a volatile and divided region where energy majors have long tread warily.CEO Michael Wirth's pivot away from home is underpinned by a bet…

Former Petronas Exec to join EnQuest Board

Oct 23, 2020

UK-based, the North Sea and Malaysia focused, oil and gas company EnQuest said Friday it intended to appoint Farina Khan as a Non-Executive Director of the EnQuest Board with effect from November 1, 2020. On joining the Board, Farina Khan will…

Bangladesh Cancels LNG Import Tender over High Prices

Oct 23, 2020

Bangladesh is canceling another tender to import liquefied natural gas (LNG) in December, as it received one offer to supply the shipments that were too expensive, a senior energy ministry official said on Friday.The offer from the Asian unit of Vitol to supply 138…

Australia: Santos 3Q Revenue Drops on Lower Gas Prices

Oct 22, 2020

Australia’s Santos Ltd said on Thursday third-quarter revenue slid nearly 23%, hit by a drop in realized gas prices because of the COVID-19 pandemic.The country’s no. 2 independent gas producer said sales revenue came in at $797 million for the quarter ended September…

CNOOC: Production Starts from Bozhong 19-6 Offshore Field

Oct 22, 2020

China's CNOOC has started production from its Bozhong 19-6 condensate gas field pilot area development project in the Bohai Bay, offshore China.That Bozhong 19-6 condensate gas field pilot area development is located in the central Bohai with an average water depth of approximately 23 meters…

Shearwater Wins Deal for Large 3D Seismic Survey

Oct 22, 2020

Shearwater Geoservices said Thursday it had won a contract for a large 3D seismic acquisition and depth processing.Norway-based offshore surveyor said the contract was in the Europe, Africa, and Middle East (EAME) region. According to Shearwater…

PXP Energy, CNOOC in Talks on S. China Sea Work after Exploration Moratorium Lifted

Oct 19, 2020

The Philippines' PXP Energy Corp said it was in ongoing negotiations with China National Offshore Oil Corp (CNOOC) relating to a memorandum of understanding between Manila and Beijing on joint oil and gas development in the South China Sea.In a market disclosure…

China, Philippines Eyeing Joint Offshore Oil Projects

Oct 16, 2020

The Philippines energy secretary said on Friday the government's decision to lift a six-year-old moratorium on oil and gas exploration in the South China Sea was a unilateral move, as China said it hoped the nations could work together on projects…

Prelude FLNG Won't Restart in 2020

Oct 16, 2020

Royal Dutch Shell said on Thursday its Prelude floating liquefied natural gas (FLNG) project off Australia, off line since early February, is working on restarting operations but would not resume full production this year. The troubled Prelude…

The Philippines: Duterte Lifts Offshore Drilling Moratorium

Oct 16, 2020

Philippines President Rodrigo Duterte has lifted the moratorium on petroleum exploration in the South China Sea, paving the way for three projects to resume, including a possible joint venture with China.Energy Secretary Alfonso Cusi said on…

IEA: Pandemic Could Delay Energy Demand Recovery. Upstream Spending to Grow

Oct 13, 2020

A slow economic recovery from the pandemic threatens to delay a full rebound in world energy demand to 2025, the International Energy Agency said on Tuesday.In its central scenario, a vaccine and therapeutics could mean the global economy rebounds in 2021 and energy demand recovers by 2023…

Malaysia's Handal Nets Offshore Crane Maintenance Work with Carigali Hess

Oct 13, 2020

Malaysian offshore services firm Handal Energy has won a contract with Carigali Hess Operating Company to provide crane maintenance services.Handal said Tuesday that the contract had been awarded to its subsidiary Handal Cranes.Under the contract…

Civmec Bags Long-term Deal with Woodside in Australia

Oct 13, 2020

Australian engineering and construction services firm Civmec has won a contract to support Woodside's onshore and offshore oil and gas facilities in Australia.'The Woodside contract is a term contract for five years, plus two one-year extension…

Golar Unit Names New Boss as Former CEO Steps Down Amid Bribery Probe in Brazil

Oct 12, 2020

Golar LNG said on Monday Hygo Energy Transition Ltd, a joint venture between Golar and U.S. private equity firm Stonepeak Infrastructure Partners, has appointed Paul Hanrahan as chief executive officer after Eduardo Antonello stepped down, following a corruption investigation in Brazil…

Australia: Hibiscus Enters Gippsland Basin Block

Oct 09, 2020

Malaysian oil and gas company has Hibiscus Petroleum has completed the acquisition from 3D Oil of a 50% interest in an oil and gas exploration permit in the prolific Gippsland Basin, off Victoria, AustraliaThe completion of the acquisition of…

Current News

CNOOC Brings Online Another Oil and Gas Project in South China Sea

Technip Energies Gets FEED Job for Inpex’ Abadi LNG Project in Indonesia

Keppel, Seatrium in $53M Arbitration Case Over Brazil Corruption Scheme

Subsea7 Secures Work at Black Sea Field off Türkiye

CIP, Petrovietnam Team Up for Offshore Wind Project in Vietnam

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

EnQuest Enters Indonesia with Operatorship PSCs for Two Exploration Blocks

PXGEO Nets First Seismic Survey off Malaysia

SPE Offshore Europe 2025 set to drive transformational change for the energy sector

Shipbuilder Delivers Fast Crew Boat Pair to Aesen

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