Latest News - page 34


MMA Offshore Clinches $10,3M Offshore Decommissioning Contract in Timor-Leste

Nov 20, 2023

Australian offshore vessel operator MMA Offshore said Friday it had secured a contract with Timor Gap Drilling and Services, Unipessoal, LDA (a subsidiary of Timor Gap E.P.) in association with Santos, to provide offshore decommissioning services in Timor-Leste…

Reach Subsea Buys Australian Marine Survey Firm

Nov 17, 2023

Norwegian subsea services company Reach Subsea has completed the acquisition of the Australian marine survey company Guardian Geomatics Pty. Reach Subsea had announced the proposed acquisition of Guardian Geomatics in October.It said at the…

UK's Octopus Energy Launches $3.7B Offshore Wind Fund with Tokyo Gas

Nov 17, 2023

Britain's Octopus Energy said on Friday that its renewables investing arm had launched a dedicated fund with Japan's Tokyo Gas to invest 3 billion pounds ($3.7 billion) in offshore wind projects by 2030.The Octopus Energy Offshore Wind fund…

ABS Grants Approval for Bumi Armada FLNG Design

Nov 16, 2023

The American Bureau of Shipping has awarded an approval in principle (AIP) to Malaysian floating production firm Bumi Armada for a floating liquefied natural gas (FLNG)  infrastructure design. The new concept incorporates a barge-based liquefaction…

Tekmar Group to Provide Equipment for Middle East Subsea Project

Nov 16, 2023

Tekmar Group said Thursday it had secured a £2.5 million contract to provide equipment for a subsea project in the Middle East.'The contract is for the design and supply of TekDuct, one of Tekmar Group's cable protection products, ballast modules…

Court Battle Between Santos and Traditional Owners Continues

Nov 15, 2023

Santos has issued a statement after the decision of the Federal Court of Australia on November 15 ruling that pipelay activities can commence on an 86-kilometer section of pipeline for the Barossa Gas Export Pipeline (GEP) – but not south of kilometre point 86 (KP86)…

Aussie Court Halts Santos' Barossa Pipeline Near Tiwi Islands

Nov 15, 2023

Santos was told by a court on Wednesday to halt its pipeline project around 70 kilometers north of the Tiwi Islands pending a final ruling, although it was allowed to begin laying gas pipelines for a section of its $3.6 billion Barossa gas project…

Petronas Launches Offshore Seismic Survey to Explore Langkasuka Basin

Nov 15, 2023

Malaysia's Petronas said Wednesday it had undertaken a new offshore multi-client 2D seismic survey in the northern area of the Straits of Melaka (Straits of Malacca) to explore and map the hydrocarbon potential in the open blocks of PM320 and PM321 of the Langkasuka Basin…

Indonesia Moves Ahead with CCS Talks with US Oil Majors, Eyes Petrochemical Project

Nov 14, 2023

Indonesia's state energy company Pertamina and U.S. oil majors Exxon Mobil and Chevron Corp. are moving ahead with their discussions to invest in carbon capture facilities, while Exxon eyes a petrochemical project in the country.Pertamina and…

CNOOC Starts Production at First Phase of Bozhong 19-6 Gas Condensate Field

Nov 14, 2023

China's CNOOC has begun production at the first phase of its Bozhong 19-6 gas condensate field, according to a statement released by the company on Tuesday. The project, located in the central Bohai Sea off the coast of eastern China, is expected to achieve peak production of approximately 37…

Lamprell Delivers Newbuild Jack-up Rig 'Kingdom 1' to IMI

Nov 10, 2023

Offshore energy engineering and construction services company Lamprell said Friday it had delivered the first of two new build jack-up rigs to its client, International Maritime Industries (IMI). The jack-up rig, Kingdom 1, which has been built collaboratively between ARO…

Barossa Project: BW Offshore's Massive FPSO Hull Sets Sail for Singapore

Nov 09, 2023

FPSO leasing company BW Offshore said Thursday that the hull of BW Opal, one of the largest FPSO hulls ever built and destined for Santos' Barossa gas project in Australia, had set sail from a yard in South Korea and was en route to Singapore for topside integration…

Inpex Raises Full-year Profit Guidance Despite Prelude Impairment Loss

Nov 09, 2023

Japan's top oil and gas producer Inpex on Thursday increased its full-year net profit forecast to 340 billion yen ($2.3 billion) on expectations of higher oil prices and a weaker yen and after record nine-month earnings.Inpex had earlier forecast net profit for the year at 320 billion yen…

Electrical Incident Curtails LNG Output at Chevron's Gorgon Facility in Australia

Nov 09, 2023

An 'electrical incident' last month has curtailed the output of liquefied natural gas (LNG) at Chevron's Gorgon facility in Western Australia, a company spokesperson said on Thursday. The incident on Oct. 31 at a substation that provides power…

ADNOC to Cut 2024 Upper Zakum Oil Supply to Some Term Buyers -sources

Nov 09, 2023

Abu Dhabi National Oil Company (ADNOC) has notified some term customers that it will reduce the volume of Upper Zakum crude oil supply in 2024, three sources with direct knowledge of the matter said on Thursday.The move could affect supplies to China…

Current News

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

TMC Books Compressors Orders for FPSO and LNG Vessels

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

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