Maritime News - page 29


TGS, PGS, and Schlumberger in 6,885 sqm 3D Seismic Survey Offshore Malaysia

May 30, 2023

TGS, in partnership with PGS and SLB (ex-Schlumberger), has secured pre-funding for a 6,885 square kilometer multi-client 3D seismic survey offshore Malaysia in North Luconia Province of the Sarawak Basin. This new acquisition is set to kick off in June 2023…

Russia's Sakhalin-1 Oil Production Back at Peak 200,000 bpd, ONGC Says

May 29, 2023

India's state-run Oil and Natural Gas Corp said oil output from the Sakhalin-1 project in Russia has bounced back to its plateau level of about 200,000 barrels per day (bpd) from zero, according to a company presentation.ONGC hopes to reclaim…

Petronas Says Malaysian Anti-graft Probe Found No Wrongdoing by the Firm

May 29, 2023

Malaysia's state oil firm Petronas said on Saturday an anti-corruption probe into the firm's dealings involving a $90 million project had not found any wrongdoing by the company. Malaysia's Anti-Corruption Commission (MACC) said on Friday it…

Australia's Santos Rejects Allegations of Human Rights Violations

May 26, 2023

Australian gas producer Santos Ltd said on Thursday it was categorically rejecting the allegations of human rights violations at its Barossa Gas project, Darwin LNG Life Extension project and Narrabri Gas project.The company said some of its…

Malaysia's Anti-graft Agency Says Probing Petronas, International Oil Firm

May 26, 2023

Malaysia's Anti-Corruption Commission (MACC) on Friday said it is investigating allegations of corruption involving state oil firm Petronas and an international oil and gas company.Petronas has cooperated fully with the commission in the investigation…

LS Cable & System to Supply Subsea Cables for Ørsted's Giant Offshore Wind Farms in Taiwan

May 26, 2023

South Korea-based power cable supplier LS Cable & System on Thursday signed a subsea cable supplier agreement with offshore wind developer Ørsted for Ørsted’s Greater Changhua 2b and 4 offshore wind projects in Taiwan.The 920MW projects Changua 2b and 5…

Floating Solar Market Set to Surpass 6 GW by 2031, Says Wood Mackenzie

May 25, 2023

The global floating solar market is expected to pass the six-gigawatt (GW) threshold by 2031, as PV developers struggle to meet growing solar demand and look to alternate development technologies, energy intelligence firm Wood Mackenzie said in a report Wednesday…

Dorado Field Development Receives Boost with Carnarvon Energy's Bedout Divestment Progress

May 25, 2023

The Australian offshore oil and gas company Carnarvon Energy is nearing completion of the divestment of a portion of its assets in the Bedout Basin, off Australia, with the closing of the transaction targeted for mid-year.Carnarvon Energy in…

Hibiscus Petroleum Sets Record with Longest Well Drilled Offshore Malaysia

May 24, 2023

Malaysia's Hibiscus Petroleum said Wednesday its subsidiary Hibiscus Oil & Gas Malaysia Limited, had completed the longest well drilled in Malaysia at the Bunga Orkid field in the northern area of the PM3 CAA PSC.The PM3 CAA PSC is a commercial arrangement area between Malaysia and Vietnam…

Shell Faces Tense Shareholder Meeting as Profits and Climate Collide

May 19, 2023

Shell will likely face one of its most acrimonious annual meetings next week as it struggles to balance investor pressure to capture profits from oil and gas and a vocal minority saying it must move faster to tackle climate change. Big Oil firms…

Helix Q7000 Sets Sail Ahead of Severe Storm Forecast, Embarking on Tui Oil Field Decommissioning

May 18, 2023

Helix Energy Solutions' semi-submersible vessel Helix Q7000 which earlier this week arrived in Port Taranaki, New Zealand, ahead of its planned decommissioning work at the Tui offshore field, has already set off from the port ahead of a forecasted significant storm event…

Aramco Names Presidents for Upstream and Downstream Businesses

May 18, 2023

Saudi Arabian oil giant 2 Aramco on Thursday named Nasir al-Naimi and Mohammed Al Qahtani as presidents of its upstream and downstream businesses, respectively, in a move designed to support the company's growth plans. The newly created positions and appointments…

Vietnam Bets Big on LNG, South China Sea Gas Fields Amid Supply, Security Risks

May 17, 2023

Vietnam's plan to quadruple by 2030 its gas processing capacity, turning it into its first source of energy, marks a big bet on imported liquefied natural gas (LNG) and its reserves in the South China Sea, despite supply and geopolitical risks…

Jadestone Energy Gets NOPTA Nod for CWLH Title Transfer, Key to Drawing RBL

May 17, 2023

Asia-pacific focused oil and gas company Jadestone Energy has received approval from Australia’s National Offshore Petroleum Titles Administrator (“NOPTA”) for the title transfer relating to the acquisition of the interest in the Cossack, Wanaea…

Beach Energy Boosts Gas Supply to Australian East Coast Market with Two Otway Basin Wells

May 17, 2023

Australian oil and gas company Beach Energy said Wednesday it had connected the offshore Otway Basin Thylacine North 1 and 2 development wells to the Otway Gas Plant and is now delivering additional gas into the Australian East Coast gas market…

Current News

Seatrium and Cochin Shipyard Form Alliance to Deliver India’s Jack-Up Rigs

Makin' a List ... Trump Prioritizes Energy Exploration, Production, Export

Velesto Completes Removal of Wrecked Naga 7 Jack-Up Rig Off Malaysia

BP Greenlights $7B CCUS Scheme Tied to Indonesia LNG Facility

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

Velesto’s Drilling Rigs Up for Automatization Overhaul Under New Tech Alliance

US Firm Finds Chinese Partner to Deliver Mobile Offshore Drilling Units

TotalEnergies and Oil India to Jointly Tackle Methane Emissions Issues

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Global Offshore Wind Stumbles to the End of '24

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