Offshore News


Saipem’s Castorone Vessel on Its Way to Türkiye’s Largest Gas Field

Dec 30, 2024

Saipem’s pipelay vessel Castorone has crossed the Bosphorus Strait in Türkiye, continuing its journey toward the Black Sea for a pipeline installation job as part of the second phase of the Sakarya project for Turkish Petroleum - Offshore Technology Center (TP – OTC)…

Shell Shuts Down Oil Processing Unit in Singapore Due to Suspected Leak

Dec 27, 2024

Shell has shut down one of its oil processing units at the Shell Energy and Chemical Parks at Pulau Bukom in Singapore, to facilitate investigation into a suspected leak in the system, Singapore's Maritime and Port Authority (MPA) and National Environment Agency (NEA) said…

ABS Approves Hanwha Ocean’s FPSO Design

Dec 19, 2024

American Bureau of Shipping (ABS) has awarded Hanwha Ocean an Approval in Principle (AIP) for its Pre-FEED standard FPSO design intended to create an asset optimized for deployment in the deep waters of West Africa.The FPSO design is 340 meters long and capable of storing approximately 2…

Sembcorp Signs 10-Year LNG Supply Contract with Chevron

Dec 06, 2024

Sembcorp Industries has signed a Sale and Purchase Agreement (SPA) with Chevron’s Singapore branch to import up to 0.6 million tonnes of liquefied natural gas (LNG) year, starting from 2028.The LNG deliveries will take place over the course of 10 years as agreed by the companies…

Yinson and PetroVietnam JV Get FSO Contract for Vietnamese Field

Dec 02, 2024

PTSC Asia Pacific, a joint venture between Yinson Production and PetroVietnam Technical Services Corporation (PTSC), has secured a contract for the provision, charter, operation and maintenance of the floating storage and offloading (FSO) vessel for the Lac Da Vang project offshore Vietnam…

Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

Nov 13, 2024

Ocean energy company Global OTEC unveiled the OTEC Power Module concept, a system that employs ocean thermal energy conversion (OTEC) technology to provide clean power for remote offshore platforms and wells.Designed as an alternative to traditional long subsea tiebacks…

Floating Wind and the Taming of Subsea Spaghetti

Oct 31, 2024

Preparing for industrialization, the floating offshore wind industry is tackling its unique mooring and cabling challenges.The idea of keeping floating offshore wind platforms in place using dynamic positioning has been considered. The trouble…

Fugro Names Annabelle Vos Director for Middle East & India

Oct 14, 2024

Fugro’s Board of Management has appointed Annabelle Vos as Group Director for the Middle East & India, effective January 1, 2025.Vos has been part of the Fugro family since 2016, when she joined as General Counsel and Chief Compliance Officer…

Korea's Hanwha Raises Offer for Singapore's Dyna-Mac Takeover

Oct 14, 2024

South Korean conglomerate Hanwha Group on Monday raised its offer for the remaining stake it does not already own in Singapore's Dyna-Mac, valuing the offshore oil and gas contractor at S$790.6 million ($605.41 million).The improved offer of S$0…

DOF Subsea Grows Its APAC Backlog

Aug 30, 2024

DOF Subsea (DOF) on Friday announced a contract extension and a contract award securing further backlog for the Asia-Pacific (APAC) region.A contract extension has been secured for dive support vessel Skandi Singapore with the vessel fully committed…

China's First Purpose-built Offshore Wind SOVs Delivered

Aug 28, 2024

Shanghai Electric earlier this month celebrated the combined naming and delivery of two service operation vessels (SOV) at ZPMC, Qidong base, China. The vessels are based on two different ship designs from Ulstein Design & Solutions AS and are…

SLB, Palo Alto Networks Expand Cyber Connection

Aug 19, 2024

SLB and Palo Alto Networks said the two will expand their collaboration to strengthen cybersecurity for the energy sector, combining SLB’s cloud and edge technologies and domain experience in the energy industry with Palo Alto Networks’ cross-industry…

Environmental Group Backs Out of Scarborough Litigation

Aug 19, 2024

Woodside and the Australian Conservation Foundation (ACF) have agreed to dismiss the ACF’s challenge to a primary environmental approval for Woodside’s Scarborough Energy Project.The Scarborough Energy Project has all primary environmental approvals in place and offshore work is progressing well…

South Korea's KOMIPO Cancels Plans for LNG Import Terminal

Jul 22, 2024

South Korea's Korea Midland Power (KOMIPO) has cancelled plans to build a liquefied natural gas (LNG) import terminal on the western coast of the country due to high costs and declining demand for the fuel.KOMIPO said in a statement to Reuters…

Current News

CNOOC Boosts Dongfang Gas Fields Output with New Platform Coming Online

Petronas to Retain National Authority After Sarawak Gas Deal

Yinson Production Scoops $1B Investment to Upscale FPSO Business

Petronas Greenlights Hidayah Field Development Off Indonesia

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

BP Targets 44% Oil, 89% Gas Increase from India’s Mumbai High Field

US Operator Finds Oil Offshore Vietnam

BP to Help Boost Oil and Gas Output at India’s Largest Producing Field

Europe's Gas Uncertainty Help Drive Asian LNG Spot Prices Higher

CNOOC’s South China Sea Oil Field Goes On Stream

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