Latest News - page 200

 

Bangladesh Cancels LNG Import Tender over High Prices

Oct 23, 2020

Bangladesh is canceling another tender to import liquefied natural gas (LNG) in December, as it received one offer to supply the shipments that were too expensive, a senior energy ministry official said on Friday.The offer from the Asian unit of Vitol to supply 138…

BW Offshore Liquidates Subsidiary after FPSO Stuck in New Zealand for Months

Oct 23, 2020

Oslo-listed FPSO leasing specialist BW Offshore is liquidating its New Zealand subsidiary operating the FPSO Umuroa, stuck in New Zealand for months after the termination of the charter and the liquidation of its client Tamarind Resource. Tamarind…

Report: Mitsui Hires Crude Oil and Condensate Traders

Oct 23, 2020

Mitsui Energy Trading Singapore, a unit of Japanese trading house Mitsui & Co , has hired two traders to trade crude oil and condensate, two sources with knowledge of the matter said on Friday.Wei Xiyu, previously a crude oil trader and charterer at Petrowin Resources…

The Pipeline Repair Busters: Being ready for the worst case

Oct 22, 2020

Pipeline repair isn’t a frequent activity but when it is needed it’s a critical activity. New tools are being developed and demonstrated to also make it safer and more efficient, and yet challenges remain, such as higher pressure, deeper water…

Pipeline Inspection with Fast(ER) Results

Oct 22, 2020

Finland’s Rocsole is hoping to provide operators with better, faster insight into their pipelines through a new compact inline sensor and a large dose of data analytics. Its inspection tool uses electrical tomography and digital signal processing…

Barcodes to Drive Down Pipeline Inspection Costs

Oct 22, 2020

Three French companies are working on a pipeline inspection solution that combines ROVs and the use of visual markers - barcodes - directly integrated on subsea pipelines.The solution, being developed by tubular solutions firm Vallourec, smart…

Australia: Santos 3Q Revenue Drops on Lower Gas Prices

Oct 22, 2020

Australia’s Santos Ltd said on Thursday third-quarter revenue slid nearly 23%, hit by a drop in realized gas prices because of the COVID-19 pandemic.The country’s no. 2 independent gas producer said sales revenue came in at $797 million for the quarter ended September…

CNOOC: Production Starts from Bozhong 19-6 Offshore Field

Oct 22, 2020

China's CNOOC has started production from its Bozhong 19-6 condensate gas field pilot area development project in the Bohai Bay, offshore China.That Bozhong 19-6 condensate gas field pilot area development is located in the central Bohai with an average water depth of approximately 23 meters…

Shearwater Wins Deal for Large 3D Seismic Survey

Oct 22, 2020

Shearwater Geoservices said Thursday it had won a contract for a large 3D seismic acquisition and depth processing.Norway-based offshore surveyor said the contract was in the Europe, Africa, and Middle East (EAME) region. According to Shearwater…

Offshore Equipment Hydraulic Maintenance Tip-of-the-Day: Oil Cleanliness

Oct 21, 2020

Tip #3: Oil Cleanliness - Don't add regular filter changes to your maintenance scheduleMost filters have switches indicating when the element is full, and sometimes waiting for that may be too late. Changing filters on a regular service interval…

Baker Hughes Takes Offshore Energy's Digital Path to "The Next Level"

Oct 21, 2020

'We are doing something amazing in Baker Hughes,” said Alex Seinuah, the leader of Baker Hughes’ Growth Initiatives Hub. “I call the hub a start-up business. Within the hub we look at disruptive technologies and services that we believe will deliver value to our customers…

Japan's JERA Launches LNG Bunkering Business

Oct 21, 2020

JERA, the world's biggest liquefied natural gas(LNG) buyer, said on Wednesday that it has begun LNG bunkering business in central Japan through its joint venture with Kawasaki Kisen Kaisha, Toyota Tsusho and Nippon Yusen KK.The move is aimed…

Singapore: MENCK Assembles Pile Driver for Offshore Wind Projects in Asia

Oct 21, 2020

Germany-based MENCK, an Acteon offshore engineering firm specializing in hydraulic pile-driving services, has delivered a 175-ton ram weight to its Singapore premises.The ram weight is part of an MHU3500S hydraulic hammer to be assembled in…

China Crude Storage Flows Accelerate as Last of Cheap Oil Offloads

Oct 21, 2020

China's flow of crude oil into storage accelerated in September, reversing two months of declines, as the world's biggest importer of the fuel continued to work its way through massive volumes purchased during a brief April price war.The flow…

Total Ships First Carbon-Neutral LNG Cargo to CNOOC

Oct 20, 2020

French oil and gas major Total said Thursday it had delivered its first shipment of carbon-neutral liquefied natural gas (LNG) to the Chinese National Offshore Oil Corporation (CNOOC).Total explained that the carbon footprint of the LNG shipment…

Current News

PTTEP Greenlights $320M Offshore CCS Project at Arthit Gas Field in Thailand

Marco Polo Picks Salt Ship Design for Next-Gen Offshore Energy CSOV

CNOOC Brings Online Another Oil and Gas Project in South China Sea

Technip Energies Gets FEED Job for Inpex’ Abadi LNG Project in Indonesia

Keppel, Seatrium in $53M Arbitration Case Over Brazil Corruption Scheme

Subsea7 Secures Work at Black Sea Field off Türkiye

CIP, Petrovietnam Team Up for Offshore Wind Project in Vietnam

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

EnQuest Enters Indonesia with Operatorship PSCs for Two Exploration Blocks

PXGEO Nets First Seismic Survey off Malaysia

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