Latest News - page 124

 

HMH to Deliver Pressure Control System for GMGS Drillship

Dec 14, 2021

Offshore drilling solutions provider HMH has been awarded the contract to deliver a pressure control system to Guangzhou Marine Geological Survey (GMGS) drillship.The system will comprise of a blowout preventer (BOP) stack, including the new SeaONYX V…

Santos Takes Over Oil Search. Names CFO

Dec 13, 2021

Santos Ltd on Monday named a new chief financial officer in its first move since sealing its $6 billion takeover of Oil Search, who will play a key role in selling stakes in assets in Papua New Guinea and Alaska.Santos promoted Anthea McKinnell…

Siem Offshore Nets More Offshore Wind Work for OSCV Duo

Dec 13, 2021

Norwegian offshore vessel owner Siem Offshore said Monday it had signed a contract with an undisclosed client for operations in South East Asia for the Siem Barracuda offshore subsea construction vessel (OSCV), and an extension for OSCV Siem Stingray…

Carnarvon Faces Another Buffalo Drilling Start-up Delay

Dec 13, 2021

Australian oil and gas firm Carnarvon Energy expects to spud its Buffalo-10 well in the Timor Sea in late December and not in mid-December as previously expected.The company said Monday that the Valaris JU-107 jack-up drilling rig was 'still on its current operations…

Heavy Blow to UK Fraud Office: Conviction of Ex-Unaoil Executive Quashed

Dec 10, 2021

The conviction of Ziad Akle, a former Unaoil executive jailed last year for bribery, has been quashed and the UK Serious Fraud Office (SFO) was accused of a 'serious failure' in a damning judgment by London's Court of Appeal.Senior judges refused an SFO request for a retrial for the 46-year-old…

Seaway 7 Confirms Sizeable Offshore Installation Contract in Taiwan

Dec 10, 2021

Seaway 7, a subsidiary of Subsea 7 focused on the offshore renewable energy industry, has this week confirmed the award of a 'sizeable' contract in Taiwan. For Seaway 7, sizeable contracts are worth between $50 million and $150 million.The contract…

Japan Launches Auction for Happo-Noshiro Offshore Wind Farm

Dec 10, 2021

Japan's industry ministry said on Friday it had launched a public auction to select an operator for the 356 megawatt (MW) offshore wind power project in Happo-Noshiro, off Akita prefecture in northern Japan.The Happo-Noshiro area was selected…

Chevron's Shipping Unit Joins Initiative to Cut Emissions

Dec 09, 2021

Oil major Chevron Corp said on Thursday, its shipping unit has joined the Sea Cargo Charter, an initiative launched last year to cut and track emissions from ships, as efforts intensify to reduce the maritime industry's carbon footprint.Under the Sea Cargo Charter…

Gazprom Neft Expects Record Production This Year

Dec 09, 2021

Gazprom Neft, the oil arm of Russian gas giant Gazprom, expects its hydrocarbon production to exceed 100 million tonnes of oil equivalent this year, reaching a record high, it said on Thursday.Gazprom Neft had aimed to reach the 100 million…

ConocoPhillips Sells Indonesia Assets in Asia-Pacific Revamp

Dec 09, 2021

U.S. oil and gas producer ConocoPhillips will quit Indonesia, selling its assets there for $1.355 billion to domestic energy company Medco Energi Internasional, and beef up in Australia as it continues to reshape.The deals follow ConocoPhillips move to double down on U…

Financial Close Reached for 298MW Offshore Wind Project in Taiwan

Dec 08, 2021

The Zhong Neng offshore wind project in Taiwan has reached financial close, Copenhagen Offshore Partners said Wednesday.The process for reaching financial close on the Zhong Neng project started 14 months ago and the large-scale offshore wind project will now be financed through CI IV…

Offshore Renewable Energy: A Port Puzzle for Floating Offshore Wind

Dec 08, 2021

After being very much on the margins of the offshore wind industry, floating offshore wind now appears to be ready to hit the mainstream. With gigawatt scale developments already on the horizon, what will the infrastructure needed to build and support them look like…

ADNOC Taps Technip Energies to Optimize Ghasha Project Costs, Add Carbon Capture

Dec 08, 2021

Abu Dhabi National Oil Company (ADNOC) has awarded Technip Energies a contract to update the Front-End Engineering Design (FEED) for the Ghasha mega project including accelerating the integration of carbon capture into the development.This project…

Australia's Santos Awards Long-term Charters for Solstad Offshore Vessel Duo

Dec 08, 2021

Norwegian offshore vessel owner Solstad Offshore has secured long-term contracts with Santos for two of its offshore vessels in Australia.The AHTS Far Senator and PSV Far Seeker have been awarded a contract by Santos in support of its drilling activities…

Offshore Wind Could Power Alcoa's Smelter in Australia

Dec 08, 2021

Australia's Alinta Energy said on Tuesday it is considering building a A$4 billion ($2.8 billion) offshore wind farm to supply Alcoa Inc's (AA.N) Portland aluminum smelter and the country's east coast grid.The project is at a very early stage…

Current News

Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan

CNOOC Brings New Offshore Gas Field On Stream

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

PTTEP Buys Chevron's Hess Unit Share of Southeast Asia’s Offshore Block for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

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