Asia Oil & Gas News - page 97


Solstad Nets Offshore Wind Deal for Normand Baltic Vessel

Aug 12, 2020

Solstad Offshore's construction support vessel Normand Baltic has won an offshore wind gig in Taiwan.The Norwegian offshore vessel owner said Wednesday the contract for the use of the 2010-built  Normand Baltic was with undisclosed EPIC contractor…

SMD to Supply ROV for Petrovietnam Subsidiary

Aug 10, 2020

U.K.-based Soil Machine Dynamics Limited (SMD) said it has won a multimillion-dollar contract to supply a medium-sized work class remotely operated underwater vehicle (ROV) to PTSC GEOS & SUBSEA SERVICES CO., LTD., (PTSC G&S), a subsidiary of Petrovietnam Technical Services Corporation (PTSC)…

DOF Subsea Wins 'Key Award' with Chevron in Australia

Aug 07, 2020

Oslo-listed subsea services and vessels company DOF Subsea has been awarded an IMR Services contract with Chevron in Australia. It has also won a moorings replacement deal in Southeast Asia.DOF Subsea will support Chevron's North-West Shelf and near-shore subsea assets in Australia with DP Vessels…

Indonesia's Price Cap Obstructing Gas Projects

Aug 06, 2020

Indonesia's natural gas price cap is affecting the development of gas projects as contractors are being disincentivized, an official at oil and gas regulator SKK Migas said on Thursday.The energy ministry in April lowered the price of natural…

Repsol, Vestigo Tap Alam Maritim for Subsea Services

Aug 06, 2020

Malaysian offshore services provider Alam Maritim has this week secured work with the Spanish oil firm Repsol, and Malaysia's marginal fields development company Vestigo.First, Alam Maritim on Tuesday said it had won a five-year deal with Repsol in Malaysia for the provision of subsea inspection…

Shell to Charter Six Newbuild LNG Carriers

Aug 04, 2020

Oil and gas giant Shell has signed long-term charters for six newbuild liquefied natural gas (LNG) carriers.Shell has signed separate agreements for two LNG ships each with affiliates of Knutsen LNG, Korea Line Corporation, and ICBC Financial Leasing and institutional investors advised by J…

Jan De Nul Installs Cables, Upgrades Substation for Changhua Offshore Wind Farm

Aug 04, 2020

Belgium-based offshore installation contractor Jan De Nul has completed the installation of four medium-voltage export cables connecting the TPC Changhua offshore wind farm to the shore in Taiwan. The company has also upgraded the onshore substation in Changhua County…

Pharos Energy Secures Two-Year License Extension at TGT Field

Aug 04, 2020

Pharos Energy, and oil and gas company formerly known as Soco International, has been granted a two-year license extension for the TGT offshore field license in Vietnam.The company said Tuesday the license had been formally granted to the Joint…

Indonesia to Offer More Flexibility to Oil and Gas Explorers

Aug 03, 2020

Indonesia announced over the weekend that it had made revisions to a 2017 law that will give oil and gas investors more flexibility when choosing their contract options for exploration.The revisions, which came into effect on July 16, allow…

ABS Class for First Taiwan-built Offshore Installation Vessel

Aug 03, 2020

Marine classification society American Bureau of Shipping (ABS) will provide classification services to the first floating heavy lift and installation vessel to be built in Taiwan.The vessel named the Green Jade has been commissioned by CDWE…

Mitsubishi Heavy, CIP JV to Develop Offshore Wind Farms in Hokkaido, Japan

Jul 31, 2020

Mitsubishi Heavy Industries (MHI) and Copenhagen Infrastructure Partners (CIP) have entered into a 50-50 joint venture regarding the development of offshore wind projects in Hokkaido, Japan.'The partners have high ambitions to be significant…

Japan Aims at 10 GW Offshore Wind Capacity by 2030, up to 45 GW in 2040

Jul 31, 2020

The Japan Wind Power Association said on Thursday it aims to expand the country's offshore wind power installed capacity to 10 gigawatts(GW) in 2030 and 30-45 GW in 2040.Offshore wind power currently provides only a tiny fraction of Japan's electricity supply but is set to grow after a law…

Sakhalin Energy Starts Maintenance Work at Molikpaq Offshore Platform

Jul 31, 2020

Russian oil and gas company Sakhalin Energy has started seasonal maintenance of its Molikpaq offshore oil and gas platform, at the Russian far east.Sakhalin Energy said Friday that over 300 people, including about 160 maintenance contractor personnel…

OHT Enters Offshore Wind Turbine Installation Business

Jul 30, 2020

Offshore Heavy Transport (OHT), a company specializing in, well, offshore heavy transport, has decided to diversify its offering and dive into the offshore wind turbine generator installation business.OHT said Thursday it had entered into a…

Headache for OPEC as Oil Market Structure Signals Return of Glut

Jul 30, 2020

Rising OPEC and U.S. oil supply, coupled with stalled economic and crude demand recovery, have pushed the futures market structure back to indicating a surplus, last observed during oil's collapse in April and May amid the coronavirus pandemic…

Current News

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

Mitigate SCC & HE to Keep Offshore Metal Structures Ship Shape

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

CNOOC Puts Into Production New Oil Field in South China Sea

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

Petrovietnam, Petronas Extend PSC for Offshore Block

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