Latest News - page 29


Sembcorp Utilities Signs Green Hydrogen Export Deal

Oct 24, 2023

Sembcorp Industries on Tuesday said its unit, Sembcorp Utilities, had signed a deal to explore the feasibility of green hydrogen production in Indonesia for export to Singapore.The green hydrogen facility deal with Indonesia state-owned utility firm PT PLN (Persero) could produce up to 100…

China CNOOC's Q3 Profit Down 8% on Yr Despite Higher Output

Oct 24, 2023

Chinese national offshore oil and gas major CNOOC Ltd, on Tuesday posted an 8.13% fall in third quarter profit on lower realised oil prices despite higher output.Net profit fell to 33.88 billion yuan ($4.64 billion), CNOOC said in a filing to the Hong Kong Stock Exchange…

Indigenous Group Seeks to Block Santos Gas Pipeline Offshore Australia

Oct 24, 2023

Australia said on Tuesday it was reviewing an emergency application by an indigenous group seeking to block pipeline construction on Santos Ltd's $3.6-billion Barossa gas project off northern Australia.Six indigenous elders on the Tiwi Islands…

China Draws on Crude Oil Stockpiles While Boosting Refining

Oct 23, 2023

Chinese refiners dipped into crude stockpiles for the second time in three months in September as they processed record volumes of oil even as imports dipped.Refiners drew about 240,000 barrel per day (bpd) from inventories in September, a sharp reversal from August when they added about 1…

CNOOC Says Finds Large Coal Seam Gas Field in North China

Oct 23, 2023

China's CNOOC announced on Monday the discovery of a large deep-reservoir coalbed methane field in the north of the country with proven geological reserves of over 100 billion cubic meters (bcm) of gas.It is the second sizeable gas discovery onshore for the offshore oil and gas producer…

DEME Group Secures New Taiwan Offshore Wind Contract

Oct 20, 2023

Belgium-based offshore installation company DEME Group said Friday it had won a new offshore wind contract in Taiwan, through its Taiwan-based affiliate CDWE.Offshore wind developer Ørsted has awarded CDWE a contract to carry out seabed levelling…

Mubadala, Inpex Among Suitors for Malaysia's SapuraOMV in $1.2-bln Deal -Sources

Oct 20, 2023

Abu Dhabi state fund Mubadala Investment and Japanese oil and gas explorer Inpex are among firms competing to acquire SapuraOMV in a deal expected to be worth about $1.2 billion, according to two sources with direct knowledge.The sale of the…

VIDEO: Woodside Removes Nganhurra Riser Turret Mooring

Oct 20, 2023

The Australian oil and gas company Woodside has removed the Nganhurra Riser Turret Mooring (RTM) from the Enfield field, located approximately 52 km northwest of Exmouth in Western Australia.According to Woodside, the RTM has been lifted onto…

Transocean's Quarterly Rig Fleet Report: $745 Million in Drilling Contracts Secured

Oct 19, 2023

Deepwater drilling contractor Transocean shared Thursday its quarterly offshore rig fleet status report, in which it said it had secured $745 million worth of drilling contracts.During the period, the company secured contracts for three drillships: Dhirubhai Deepwater KG1…

Indonesia's Expanded Tangguh LNG Facility Begins Full Commercial Operations

Oct 19, 2023

BP, on behalf of the Tangguh production sharing contract partners in Indonesia, said Thursday that the first cargo of liquefied natural gas (LNG) produced by the new third liquefaction train at the Tangguh LNG facility, in Papua Barat, Indonesia…

Dolphin Drilling Wins Letter of Award for Offshore Drilling Project in India

Oct 19, 2023

Offshore drilling contractor Dolphin Drilling said Thursday it had received a Letter of Award (LOA) for a drilling campaign from Oil India Limited for a 14-month firm period, with another 7-month extension option.This follows Dolphin Drilling's mid-September announcement…

Middle East Conflict Threatens Regional Gas Market, Could Affect Europe's LNG Supplies - Rystad

Oct 19, 2023

The ongoing conflict between Israel and Hamas, the Palestinian militant group, poses a serious threat to the regional natural gas market and could have knock-on effects on Europe’s liquefied natural gas (LNG) supply as winter approaches, Rystad Energy…

Apex Aviation and NHV to Offer Helicopter Services to Taiwan's Offshore Wind Industry

Oct 19, 2023

Offshore helicopter services company NHV Group has announced a collaboration in Taiwan with Apex Aviation, a local Taiwanese company, with the aim of providing helicopter transportation services to Taiwan's growing offshore wind industry.'Given…

Australian Energy Regulator Accuses Santos of Record-keeping Violations

Oct 19, 2023

Australia's energy regulator initiated on Thursday a lawsuit against Santos Ltd saying the oil and gas producer breached auction record-keeping rules between March 2019 and June 2021.The Australian Energy Regulator (AER) started the proceedings…

Shell's Australian FLNG Facility Poised for Mid-November Restart

Oct 18, 2023

Shell is expected to complete maintenance at its flagship Prelude liquefied natural gas (LNG) facility off Australia by mid-November, two sources close to the project told Reuters on Wednesday.The British energy giant started maintenance work at the 3…

Current News

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

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Malaysia's FPSO Firm Bumi Armada Eyes Merger with MISC’s Offshore Unit

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