Latest News - page 68


AIP for C-Claw Fastener for Marine and Offshore

Nov 02, 2022

Bureau Veritas delivered an Approval in Principle to COLD PAD, an industrial start-up, for its C-Claw technology, a heavy-duty fastener for steel structures that is non-intrusive (no hole and no hot work is required). It was designed as an alternative…

Japan's TEPCO to Buy Scottish Floating Wind Firm Flotation Energy

Nov 02, 2022

Japan’s electricity utility Tokyo Electric Power Company (TEPCO) is set to acquire the Scottish floating wind specialist Flotation Energy. This is TEPCO's first investment in overseas wind power.Floation Energy founders Allan MacAskill and Lord Nicol Stephen developed Kincardine…

ADIPEC: Fugro, AD Ports Pen Deal for Remote & Autonomous Tech Use in Middle East

Nov 02, 2022

During the ADIPEC exhibition in Abu Dhabi, Dutch firm Fugro and UAE's AD Ports Group signed an agreement that sets out combined goals to utilize remote and autonomous technologies in the region. The agreement was signed by Captain Mohamed Juma Al Shamisi…

DPS Safety Alert Follows DP3 Drillship Blackout Investigation

Nov 01, 2022

The United States Coast Guard issued the following Marine Safety Alert rergarding Dynamic Positioning Systems.Dynamic positioning (DP) systems1 meeting equipment class 2 (DP2) and equipment class 3 (DP3) have control features and redundancies…

Jadestone Buys BP's Stake in Cossack, Wanaea, Lambert, and Hermes Oil Fields Off Australia

Nov 01, 2022

Asia Pacific-focused oil and gas company Jadestone Energy has completed the acquisition of a non-operated 16.67% working interest in the Cossack, Wanaea, Lambert, and Hermes ('CWLH') oil fields development offshore Australia from BP.The fields are part of the North West Shelf Oil Project…

Saudi ACWA Power to Build Two Floating Solar Plants in Indonesia

Nov 01, 2022

Indonesia's state-owned electricity utility PT Perusahaan Listrik Negara (Persero) or PLN, has selected Saudi developer ACWA Power Company to develop two floating solar PV projects.The projects will contribute to Indonesia's goal of achieving its renewable energy target of 23% by 2025…

ADNOC Awards $4B Worth of Integrated Drilling Fluids Services

Nov 01, 2022

Abu Dhabi National Oil Company (ADNOC) on Tuesday announced the award of three framework agreements valued at $4 billion (AED14.68 billion) for integrated drilling fluids services (IDFS) to support the ongoing expansion of its 'lower cost and…

ADIPEC: Kongsberg Digital App to Optimize Drilling and Well Ops in Real Time

Nov 01, 2022

Norway's Kongsberg Digital has launched a new application at ADIPEC, which promises to enable oil and gas operators to follow their key performance indicator (KPI) progress on drilling and well operations in real time.According to Kongsberg Digital…

Japan Gov't to Retain Stake in New Sakhalin-1 Operator

Nov 01, 2022

Japan has decided to retain its stake in the new Russian operator of the Sakhalin-1 oil and gas project and has asked Japanese consortium members to stay to ensure the country's energy security, the industry minister said on Tuesday. 'The Sakhalin…

The Philippines: Shell Sells Stake in Malampaya Offshore Field

Nov 01, 2022

Shell has completed the sale of its stake in the Malampaya offshore gas field in the Philippines to Malampaya Energy XP Pte Ltd  (MEXP), a subsidiary of Prime Infrastructure Capital Inc (Prime Infra).  Shell Petroleum signed an agreement to sell interest in Malampaya…

ConocoPhillips Joins QatarEnergy's North Field South Expansion as Final International Partner

Oct 31, 2022

QatarEnergy has selected ConocoPhillips as its third and final international partner in the North Field South (NFS) expansion project. The project comprises two LNG mega trains with a combined capacity of 16 million tons per annum (MTPA).The…

'Sizable' Contract in Asia Pacific for Subsea 7

Oct 31, 2022

Offshore installation company Subsea 7 said Monday it had won a sizeable contract in Asia Pacific.Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million.Engineering work will start immediately, and offshore activity is scheduled for 2024 and 2025…

Kashagan's Oil Processing Complex to Restart in Coming Days

Oct 31, 2022

Kazakhstan's energy company KazMunayGas said on Saturday that it expects the Bolashak onshore processing complex at the giant Kashagan offshore oilfield to resume operations in the coming days after repair works at a complex unit. 'At the moment…

Large Explosions Hit Taiwan's CPC Dalin Oil Refinery

Oct 28, 2022

An explosion hit Taiwan's state-backed CPC Dalin Refinery in the southern city of Kaohsiung on Thursday night, videos and images from the Fire Department showed with heavy fire seen above the plant, officials said, adding nobody was hurt in the incident…

China CNOOC Q3 Profit Climbs 89% to $5.1B as Energy Prices Surge

Oct 27, 2022

CNOOC Ltd's third-quarter net profit soared by 89% from a year earlier to 36.9 billion yuan ($5.11 billion), driven by stronger oil and gas prices, the Chinese offshore oil and gas major said on Thursday. Third-quarter revenue rose 54% on the year to 89…

Current News

Valeura Boosts Production at Jasmine Field with Five New Wells Now Onstream

Saipem Gets $1B Job at BP’s Indonesian Gas and CCUS Project

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

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