Latest News - page 186

 

Offshore Wind Consultancy OWC Names APAC Director

Jan 12, 2021

International offshore wind consultancy firm OWC has appointed Tom Whittle to its newly created role of Asia Pacific regional director.In 2018, OWC, an independent consultant offering project development services, owner’s engineering and technical due diligence to the offshore renewables sector…

India: McDermott Wraps Work on Reliance's Project Offshore India

Jan 11, 2021

Offshore oil and gas services company McDermott recently completed work on an offshore field development project in India, operated by Reliance Industries, and made it ready for start-up.The project, in the Krishna Godavari Basin, located off the east coast of India…

Seajacks Wins Offshore Wind Gig in Japan

Jan 11, 2021

Jack-up vessel services provider Seajacks has won a contract with Kajima Corporation to transport and install offshore wind turbines for a project in Japan.The contract, awarded to Seajack's Japanese subsidiary Seajacks Japan, is for the transport and installation of 33 MHI Vestas V117 – 4…

Hamworthy Names New CEO

Jan 11, 2021

Singapore-based marine and offshore pump manufacturer Hamworthy Pumps has appointed Hans Christiaan Laheij, 48, as its new CEO.The new CEO will join the company on January 15, 2021. He has recently worked with German propulsion specialist Schottel in the position of Deputy CEO & President Marine…

Malaysia: Petronas Takes over Operatorship of E11 Gas Hub from Shell

Jan 08, 2021

Malaysian oil and gas company Petronas has become the operator of the E11 gas hub, located 130km offshore Bintulu, Sarawak, Malaysia, effective 1 January 2021.  The E11 hub which has been producing since 1982 under the MLNG Production Sharing…

Japan Faces LNG Shortage Amid Supply crunch, Cold Weather

Jan 07, 2021

JERA, Japan's biggest electricity generator and the world's largest buyer of liquefied natural gas (LNG), is operating gas- power plants at lower rates as it runs down inventories amid rising heating demand as temperatures drop.The company joins…

Subsea Technology: Remote Power, On Demand

Jan 06, 2021

Taking the power to where you want it is another option – perhaps not for compression or pumping system, but potentially for monitoring, inspection, and even intervention systems, such as resident robotics concepts.It’s an idea some have been looking at…

Swinging Again, Saudi Arabia Sacrifices Market Share to Protect Oil Price

Jan 06, 2021

Saudi Arabia’s announcement that it will reduce oil output by 1 million barrels per day in February and March has boosted prices and helped paper over divisions within the producer alliance, at least temporarily.The unilateral cut, announced on Tuesday…

McDermott Lands Offshore Platform Engineering Deal in Qatar

Jan 06, 2021

Offshore engineering and construction firm McDermott has won a contract from Qatargas to deliver front-end engineering and design (FEED) work for Qatar Petroleum's North Field South (NFS) project.The contract scope includes the replication of five offshore wellhead platforms…

Indian Oil Corp Buys its First Cargo of Iraqi Basra Medium Oil

Jan 06, 2021

Indian Oil Corp (IOC) , the country's top refiner, has loaded its first cargo of Iraq's newly introduced Basra Medium crude grade, according to ship-tracking data from Refinitiv Eikon and a source with knowledge of the matter.IOC loaded the cargo onto Minerva Kalypso…

Petronas: Baram Oil Production to Resume in Q3, after Ship Accident

Jan 06, 2021

Malaysia’s state energy firm Petronas said on Monday it expects to resume full production at its Baram facilities, off the state of Sarawak on Borneo island, in the third quarter after halting output in October following an accident.Petronas…

Russia: Sakhalin Energy Sets LNG Output Record

Jan 06, 2021

Sakhalin Energy, an international consortium operating an offshore gas-fed LNG plant in eastern Russia, set a record for LNG production in 2020.Sakhalin Energy said Wednesday that it had in 2020 produced and shipped a record amount of liquefied natural gas (LNG): 178…

Oil Prices Jump 5% on OPEC+ Output Talks, Iran Tension

Jan 05, 2021

Oil prices climbed nearly 5% on Tuesday after news that Saudi Arabia will make voluntary cuts to its oil output, while international political tension simmered over Iran's seizure of a South Korean vessel.Brent crude futures rose $2.51, or 4…

Chiyoda to Design Floater for Kumul Petroleum in PNG

Jan 05, 2021

Japanese engineering and construction company Chiyoda has won a deal to design, develop, and engineer a Floating, Storage, Re-gasification and Power Generation unit in Papua New Guinea ('PNG') for Papua New Guinea’s national oil and gas company Kumul Petroleum…

Petronas, T7's Tanjung Offshore Ink Offshore Platform Deal

Jan 05, 2021

Malaysian oil company Petronas Carigali has awarded Tanjung Offshore a contract for the provision of a mobile offshore production unit.Tanjong offshore will be responsible for the provision, operation, maintenance, of the offshore platform, as part of Bayan Redevelopment Project Gas Phase 2…

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