Latest News - page 62

 

Shell Launches Its First Electric Ferry at Singapore Plant

Apr 17, 2023

Shell Plc on Monday launched its first electric ferry globally at its Singapore refinery and said it would work with the city-state's port authority to cut emissions from ships.The move is a step towards meeting the Singapore port authority's…

Britain Wants to Take Part in Japan's Offshore Wind Development

Apr 17, 2023

Britain wants to take part in developing Japan's offshore wind power via options ranging from the participation of its energy companies to providing financing and insurance, Energy Security Secretary Grant Shapps told Reuters. The Group of Seven…

Qatar Energy Lifts June Al-Shaheen Term Price - Traders

Apr 14, 2023

Qatar Energy set the term price for cargoes of al-Shaheen oil loading in June at a higher level than for May, indicating stronger demand for crude for the summer amid tightening supply after producers agreed to cut output. Qatar set the price for June cargoes at a premium of about $2…

World's Largest FSRU Arrives in Hong Kong

Apr 14, 2023

The world's largest floating storage and regasification unit (FSRU) has arrived in Hong Kong to serve the city's first liquefied natural gas (LNG) import terminal, said CLP Power Hong Kong Ltd and Hong Kong Electric Co. Ltd.The FSRU arrived…

ADNOC Drilling to Provide Drilling Services for ADNOC's Largest Producing Offshore Field

Apr 14, 2023

ADNOC Drilling has won a five-year contract for the provision of Integrated Drilling Services (IDS) totaling $412 million from ADNOC Offshore starting in the second quarter of 2023.ADNOC Drilling will provide IDS for the development of the Upper Zakum field…

UTC 2023: Securing Global Energy

Apr 13, 2023

Global subsea energy leaders will convene in Bergen, Norway at the Underwater Technology Conference (UTC) in mid-June to meet, greet and exchange ideas on the crucial underwater technology topics. Stig Instanes, TechnipFMC and Rune Vesterkjær…

Markets: The Challenges of Developing Floating Wind at Scale

Apr 13, 2023

Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain.There has been much focus on the emerging floating wind market of late.The U.K. is forging ahead with commercial scale…

ADNOC L&S Adds Five New Very Large Gas Carriers to Fleet

Apr 13, 2023

United Arab Emirates' ADNOC Logistics & Services (ADNOC L&S) has expanded its fleet with the deployment of five new-build Very Large Gas Carriers (VLGC), state news agency WAM reported on Thursday.The carriers of the shipping and maritime logistics…

TGS, DUG Start 2nd Phase of Peninsular Malaysia 3D Reprocessing Project

Apr 13, 2023

Norway-based offshore seismic data firm TGS on Thursday announced the start-up of the 20,347 square kilometers Peninsular Malaysia Stage 2 Regional 3D reprocessing. This second phase of the Peninsular Malaysia reprocessing project is part of…

Drill the Well on Simulator: Petronas Turns to Digital Twin Tech to Train Drilling Crew

Apr 12, 2023

Malaysian national oil firm Petronas has awarded a contract to 3t Energy Group's Drilling Systems to provide its ‘Drill the Well on Simulator’ (DWOS) solution to support Petronas' training and development program over a three-year period.'The…

China's Sinopec Becomes First Asian Shareholder in Qatar's NFE Project

Apr 12, 2023

Qatar's state-owned energy firm QatarEnergy has signed a definitive partnership agreement with China Petrochemical Corporation (Sinopec) for the North Field East (NFE) expansion project, dubbed the largest project in the history of the LNG industry…

Japan Climate Group Urges More Renewable Energy, Effective Carbon Pricing

Apr 12, 2023

Japanese companies and climate groups called on the nation's government on Wednesday to step up the introduction of renewable energy and quickly adopt carbon pricing to tackle global warming.The Japan Climate Initiative (JCI), an alliance of companies…

Petrofac Expects Wider Loss for 2022 after Portfolio Review

Apr 12, 2023

Petrofac Ltd said on Wednesday it expects to report a wider operating loss of about $150 million to $170 million for 2022, after a review of its portfolio of contracts and contractual and commercial issues revealed increased costs. The oilfield…

Chevron Awards InterMoor Decommissioning Contract

Apr 10, 2023

Acteon announced its engineering, moorings and foundations division InterMoor has been awarded a decommissioning contract by Chevron Thailand Exploration and Production, Ltd. (CTEP).Following InterMoor’s completion of Phase 1 decommissioning work in 2021 in the Gulf of Thailand…

Saudi Aramco to Supply Full Oil Volumes to Some Asian Refiners in May

Apr 10, 2023

Saudi Aramco has told at least four customers in North Asia they will receive full contract volumes of crude oil in May, several sources with knowledge of the matter said on Monday, despite the extra output cut announced by the oil majors earlier this month…

Current News

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

Yinson Production, “K” LINE Target Europe's CCS with FSIU and LCO2 Solutions

Woodside Agrees Long-Term LNG Supply with Petronas Unit

MODEC and Terra Drone Renew FPSO Drone Inspection Partnership

Yinson Production Closes $1B Investment to Drive Further Growth

Petronas-Eni Upstream Joint Venture to Take Up to Two Years to Set Up

Wood JV Gets EPC Job for Shell off Brunei

Chuditch Gas Field Drilling Ops Get Delayed to Next Year

French Oil Major Acquires Interests in Multiple Blocks in Southeast Asia

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