Chinese offshore oil producer CNOOC said Friday it had begun producing oil from its Bozhong 19-4 project in the south of the Bohai Sea. Located in an average water depth of about 21 meters, the project uses the existing processing facilities of Bozhong 25-1 oilfield…
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…
Renewable energy companies are betting that the leading contender in the race to become Japan's next prime minister, Taro Kono, will unleash changes allowing more market access and a fairer playing field after years of neglect.The 58-year-old…
CRP Subsea is launching its new Motion Stabilizer technology, specifically designed to protect cables, umbilicals and flowlines from motion instability and damage from uncontrolled movement. Engineered to mitigate instability in both axial and lateral directions…
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…
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…
China's refining giant Sinopec Corp said on Wednesday it has jointly certified the country's first carbon-neutral crude oil cargo with shipping giant Cosco Shipping and China Eastern Airlines.The 30,000-tonne cargo was produced by Sinopec in…
State oil giant Abu Dhabi National Oil Co (ADNOC) has increased to 11% of share capital the size of the initial public offering (IPO) of its drilling unit, ADNOC Drilling, because of oversubscription, the firm said on Wednesday.ADNOC had previously targeted a minimum stake of 7…
Shell has awarded a contract to a Singapore-based firm Penguin International Limited, to design, build and operate at least three fully electric ferries which, when operational, will be the first fully electric ferry service in Singapore and a first for Shell globally…
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…
Australian oil and gas company expects to spud the Buffalo-10 well in the Timor Sea in early November, using the Valaris JU-107 jack-up drilling rig.'The previous field proved the existence of very high deliverability reservoir containing high…
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…
Italian energy industry engineering and construction firm Saipem has signed a Memorandum of Understanding (MoU) with the Saudi oil giant Saudi Aramco to explore the possibility of forming a new entity for engineering and construction activities…
Marine seismic data acquisition firm Shearwater GeoServices has won a contract in South East Asia.The company said the deal, with an unnamed client, was for a 3D survey project.The project, starting in early October 2021, will be conducted by the 107 meters long SW Duchess vessel…
A third tanker has sailed from Iran carrying Iranian fuel for distribution in Lebanon, TankerTrackers.com reported on Twitter on Sunday.Lebanese Prime Minister Najib Mikati said on Friday the Iranian fuel shipments, imported by the Hezbollah movement…
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