Latest News - page 151

 

Pharos Wraps Seismic Survey Off Vietnam. Eyes Drilling Partner

Jul 30, 2021

Pharos Energy said Thursday it had completed its 3D seismic program on the western part of Block 125 in the Phu Khanh Basin, 'the last unexplored frontier offshore Vietnam.' The company hopes the data will help it attract a drilling partner…

Kent Acquires Majority of SNC-Lavalin's Oil and Gas Business

Jul 30, 2021

Bluewater-backed energy services firm Kent, formerly known as Kentech, has completed the acquisition of the majority of SNC-Lavalin’s oil and gas division, with a minority portion to follow at a later date. 'The Company now harnesses the strength…

Singapore LNG Wants to Extract Chemicals from LNG

Jul 29, 2021

Singapore LNG Corp, operator of the city-state's liquefied natural gas (LNG) terminal, is designing a new facility to extract chemicals from the super-chilled fuel, in a project that could help boost the island's energy security.The company…

Siem Offshore's Anchor Handler Secures Charter Extension in Australia

Jul 29, 2021

Norwegian offshore vessel owner Siem Offshore has been awarded a six-month extension for the AHTS Siem Topaz in Australia. Siem Offshore shared the news on Wednesday, without disclosing the identity of the client.The Siem Topaz is a low emission anchor handler that is suitable for anchor handling…

Shell, Petronas Carigali, Petros Get Hold of Offshore Block in Sarawak, Malaysia

Jul 28, 2021

Malaysia's Petronas has awarded Block SK437 offshore Sarawak, Malaysia to Petronas Carigali, Sarawak Shell Berhad, Petroleum Sarawak Berhad (Petros).Block SK437 is located to the southwest of the prolific Central Luconia province, measuring 2…

Santos: First Well of Bayu Undan Infill Drilling Program Beats Output Forecast

Jul 28, 2021

Just a few days after it said a new well at its Van Gogh offshore oil field in Australia had achieved a production record, Australian oil and gas firm Santos is back with more positive news when it comes to its output.Santos, as the operator of the Bayu-Undan field in the Timor Sea…

Malaysia to Lead Global Gas Output from New Offshore Projects in 2025

Jul 27, 2021

Malaysia is expected to contribute about 12% or 3.1 billion cubic feet (bcf) of global natural gas production in 2025 from key offshore planned and announced projects that are expected to start operations between 2021 and 2025, according to data and analytics firm GlobalData…

ONGC, Coast Guard Prevent Disaster as LPG Tanker Goes Adrift Near Offshore Installations

Jul 27, 2021

Indian oil and gas explorer ONGC said Monday it had, together with Coast Guard, helped avert a possible disaster relating to an empty LPG Tanker ‘Gas Yodla’ which went adrift after engine failure in the Arabian Sea on  July 24, 2021. 'At 6:35 PM on that day…

T7's Tanjung Offshore Bags ROV Deal with Pioneer Pegasus

Jul 26, 2021

Malaysia-based energy industry services firm T7 Global has won a contract for the provision of mini-ROV subsea services for Pioneer Pegasus.T7's subsidiary Tanjung Offshore Services seacured the contract for remotely operated vehicle services earlier this month…

Santos' New Well at Van Gogh Offshore Oil Field Hits Output Record

Jul 26, 2021

Australian oil and gas company Santos has started oil production from the Van Gogh Phase 2 Infill Development, offshore W. Australia, hitting a production record.Santos had announced a Final Investment Decision (FID) on the Van Gogh Infill Development Phase 2 Project in March 2020…

An Overview of the Work Class ROV Market

Jul 25, 2021

Demand for work-class ROVs (WROV) has traditionally been determined by the state of the global offshore oil & gas industry. This is likely to remain the case in the short to medium-term. However, there’s a new kid on the block – offshore wind…

GTT Tanks for Korean-built LNG Carrier Duo

Jul 23, 2021

French engineering company GTT has won orders from South Korean shipyards Hyundai Samho Heavy Industries (HSHI) and Daewoo Shipbuilding & Marine Engineering (DSME) to design tanks for two new LNG carriers.GTT will design the tanks of the vessels which will each offer a cargo capacity of 174…

Sapura Energy Nets $284M in Offshore Contracts

Jul 23, 2021

Malaysia's offshore services firm Sapura Energy has won new contracts worth RM1.2 billion (around $284 million) in its Engineering and Construction (E&C), Operations and Maintenance (O&M) and Drilling divisions.In Engineering & Construction…

Jan De Nul Installs Export Cables for Formosa 2 Offshore Wind Farm in Taiwan

Jul 23, 2021

Offshore installation firm Jan De Nul has installed four export cables for the 376MW Formosa 2 offshore wind farm in Taiwan. Jan De Nul used its cable-laying vessel Willem de Vlamingh to install with cables of total length of 34 kilometers.'Thanks to her shallow draft design…

Shell Eyes Sale of Stakes in Malaysian Offshore Oil and Gas Fields

Jul 22, 2021

Royal Dutch Shell launched the sale of its stakes in oil and gas fields it does not operate off the coast of Malaysia, according to a document seen by Reuters.The Anglo-Dutch company announced in March that it was considering selling its stakes…

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