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Shelf Drilling Secures $200M Contract Extensions with Chevron for Thailand Ops

Nov 04, 2024

Offshore drilling contractor Shelf Drilling has secured contract extensions for two of its jack-up rigs with Chevron Thailand Exploration and Production for operations offshore Thailand.The contract extensions are for Shelf Drilling Chaophraya and Shelf Drilling Krathong jack-up rigs…

Equinor Tries Again for a Japan Offshore Wind Lease

Oct 22, 2024

Norwegian energy company Equinor has submitted a bid to develop an offshore wind farm together with other companies in the latest round of Japan's state auctions, two sources said, as it seeks a foothold in the fledgling market.Equinor's bid…

Yinson Production Concludes Minority Stake Sale in FPSO Anna Nery

Oct 22, 2024

Yinson Production has completed the sale of minority stake in floating, production, storage and offloading (FPSO) unit Anna Nery, working for Petrobras offshore Brazil, to “K” Line for $49 million.Yinson Production sold its 11.8% stake in Yinson Boronia Consortium…

Sunda Energy Pushes Back Chuditch-2 Appraisal Well Drilling Date

Oct 22, 2024

Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia formerly known as Baron Oil, has delayed the start of drilling operations for the Chuditch-2 appraisal well off Timor Leste to the second quarter of 2025Sunda Energy…

CNOOC Starts Production at Another Oil Field in South China Sea

Oct 22, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought onstream another oilfield development in South China Sea ahead of schedule.The development, the Xijiang 30-2 oilfield Xijiang 30-1 block development project…

ABS Takes Charge of Digital Twin Project for Petrobras’ FPSOs

Oct 17, 2024

American Bureau of Shipping (ABS) has secured a contract to provide and test a digital twin solution for real-time condition monitoring for a Petrobras floating production, storage and offloading (FPSO) unit.The ABS solution will provide a digital twin of the asset…

Petronas to Proceed with South China Sea Oil and Gas Exploration

Oct 15, 2024

Malaysia's Prime Minister Anwar Ibrahim on Tuesday reiterated that state energy firm Petronas will continue to conduct oil and gas exploration activities in Malaysia's exclusive economic zone (EEZ) in the South China Sea, despite objections from China…

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…

East Timor Eyes Chinese Partners for Stalled Greater Sunrise Gas Development

Oct 09, 2024

East Timor has talked with Chinese firms including state-owned Sinopec about developing the stalled Greater Sunrise gas field, President Jose Ramos-Horta said on Wednesday, after disagreements with Australia over the shared field's future.The field…

CNOOC Kicks Off Production from Bohai Bay Field

Oct 08, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at the Bozhong 19-2 oilfield development project in Bohai Bay.The project is located in central Bohai Bay, with an average water depth of about 20 meters…

Eni Strengthens LNG Ties with Japan

Oct 07, 2024

Eni and the government agency Japan Organization for Metals and Energy Security (JOGMEC) have signed a memorandum of cooperation with the aim of collaborating in the gas and LNG field to increase diversification of supply sources.The memorandum…

Velesto Teams Up with SLB to Enhance Drilling Rig Capabilities

Oct 04, 2024

Malaysia-based Velesto Energy, through its subsidiary Velesto Drilling, has signed a memorandum of understanding with SLB to enhance performance of its drilling rigs.The three-year collaboration will see SLB deploy its DrillOps Intelligent Well…

MCDermott Gets Pipelines and Cables Job at Qatar's Giant Gas Field

Oct 03, 2024

McDermott has secured an engineering, procurement, construction and installation (EPCI) contract by QatarEnergy LNG for the North Field South (NFS) offshore pipelines and cables project, part of the world's largest liquefied natural gas (LNG) project…

Nong Yao C Development Bolsters Valeura’s Production Rates Off Thailand

Oct 03, 2024

Canada-based oil and gas company Valeura Energy has informed that the Nong Yao C extension, which started production in mid-August 2024, boosted the output from Nong Yao field offshore Thailand for 66%.In early August 2024, Valeura Energy completed drilling operations on the Nong Yao C extension…

ABS Gives Its Blessing to SHI’s Ammonia FPSO Design

Oct 02, 2024

American Bureau of Shipping (ABS) has issued an approval in principle (AIP) to Samsung Heavy Industries (SHI) for its new design of an ammonia floating production storage and offloading (FPSO) unit.Called Samsung Ammonia Blue, the concept features…

Current News

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Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

Velesto’s Drilling Rigs Up for Automatization Overhaul Under New Tech Alliance

US Firm Finds Chinese Partner to Deliver Mobile Offshore Drilling Units

TotalEnergies and Oil India to Jointly Tackle Methane Emissions Issues

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Global Offshore Wind Stumbles to the End of '24

Seatrium Delivers Fifth Jack-Up to Borr Drilling

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