Latest News - page 156


DNV to Certify Offshore Wind Turbines for South Korea

Jan 10, 2022

Korean Energy Agency (KEA) has selected assurance provider DNV to deliver Type Certification services for the South Korean wind energy market. 'This new DNV service for the Korean market will result in a convenient and cost-effective process…

Petronas Makes Gas Discovery Offshore Malaysia

Jan 07, 2022

Petronas announced a new gas discovery off the coast of Malaysia.The Malaysian company said Friday that its Petronas Carigali Sdn Bhd (PCSB) subsidiary found gas at the Hadrah-1 wildcat exploration well of Block SK411, located in the shallow…

Shell Greenlights $7B Shares Buyback 'At Pace' Despite LNG Woes

Jan 07, 2022

Royal Dutch Shell said it will pursue 'at pace' a $7 billion share buyback largely funded from the sale of its U.S. shale business as it faces liquefied natural gas (LNG) outages and slower fuel sales due to the economic hit from Omicron.Shares in Shell…

Eco Wave Power: First Floaters Arrive in Jaffa Port

Jan 05, 2022

The first set of floaters and supporting structures for Eco Wave Power’s grid-connected EWP-EDF One project have been delivered to the Jaffa Port project site in Israel, marking what EWP said was a key milestone in the development of the wave energy array…

Fred. Olsen Windcarrier Reels In $90,5M in New Contracts

Jan 05, 2022

Offshore wind installation firm Fred. Olsen Windcarrier (FOWIC) said Tuesday it had recently executed three new contracts and reservation agreements with combined revenue of up to 80 million euros (~$90,5 million).The contracts, with undisclosed clients…

Indonesia's Tangguh, Bontang Plants to Sell 58 LNG Cargoes for Local Ppower Plants

Jan 05, 2022

Indonesia's Tangguh and Bontang plants are committed to selling 58 cargoes of liquefied natural gas to state utility firm Perusahaan Listrik Negara in 2022, upstream oil and gas regulator SKK Migas said in a statement on Wednesday.The statement…

BW Ideol, Jera, ADEME Pen Investment Deal for Floating Wind Projects

Jan 05, 2022

BW Ideol, a company specializing in floating offshore wind solutions has signed an investment agreement with Japan's JERA, and France's ADEME Investissement to create an investment company for financing the co-development of offshore wind projects…

McDermott to Deliver Platform Topsides for Mega Project Offshore Qatar

Jan 05, 2022

Qatari national oil and gas company QatarEnergy has said it has awarded a major engineering, procurement, construction, and installation (EPCI) contract for the offshore scope of its North Field Expansion Project to McDermott.The expansion project…

ADNOC Offshore Taps NPCC for Umm Shaif Field Work Worth $946M

Jan 05, 2022

Abu Dhabi National Oil Company (ADNOC) on Wednesday announced the award of a $946 million Engineering, Procurement, and Construction (EPC) contract for the strategic long-term development of its Umm Shaif offshore field. The contract. dubbed…

Yinson Gets Charter Extension for FPSO in Vietnam

Jan 04, 2022

Malaysian FPSO supplier Yinson announced on Monday it secured a six-month extension for the bareboat charter contract for the FPSO PTSC Lam SonThe 243 meters long Lam Son FPSO, able to produce 15,000-20,000 barrels of oil per day (bopd), with a storage capacity of up to 650…

FSRU: Morocco Picks Mohammedia for Potential Floating Gas Facility

Jan 04, 2022

Morocco has invited bids to perform a study for the upgrade of Mohammedia port near Casablanca to host a liquified natural gas (LNG) floating storage and regasification unit (FSRU), the Moroccan ports agency said on Tuesday.The deadline for bids has been set at Jan…

Russian Annual Oil Output Recovers in 2021 after Slump

Jan 03, 2022

Russia's annual oil production rose by more than 2% last year thanks to the easing of output cuts by the OPEC+ group of leading oil producers after a pandemic-induced decline in 2020, data showed on Sunday.Russian oil and gas condensate output rose to 10…

Hamel takes the Helm as GECF Secretary General

Jan 03, 2022

Mohamed Hamel from the People's Democratic Republic of Algeria has assumed office as the fourth Secretary General of the Gas Exporting Countries Forum (GECF), the global platform of leading gas exporting countries.He was appointed to the helm…

OPEC+ to Stick with Planned February Output Increase, Sources Say

Jan 03, 2022

OPEC+ is expected to stick to its plans for a February output increase when it meets on Tuesday, predicting a mild and short-lived impact on demand from the Omicron coronavirus variant, three sources from the group of oil producers told Reuters on Monday…

Carnarvon Spuds Buffalo-10 Well

Dec 31, 2021

Carnarvon Energy announced drilling has commenced at the Buffalo-10 well in the Timor Sea as the Australian oil and gas company aims to confirm sufficient hydrocarbons to support an economic development at the shut in Buffalo field north of Australia…

Current News

Indonesia's Jangkrik FPU Set for Major Gas Output Boost

PTTEP, Eni Launch Joint Venture for ADNOC-Operated Ghasha Offshore Project

Oil India Discovers Gas in Shallow Waters of Krishna-Godavari Basin

Masirah Oil Starts Yumna Offshore Drilling Ops After Months of Delays

Sunda Energy Gets Chuditch License Extension After Termination Warning

Finder Energy Selects Eneos’ Rig for Drilling Job off Timor-Leste

Inpex-Led Bonaparte CCS Project Gets Australian Offshore Storage Approval

Seascape Energy Expands Temaris Gas Acreage Offshore Malaysia

Oil Markets Brace for Years of High Prices as Iran War Drags On

Seadrill Secures Offshore Drilling Deals Across Four Countries

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