Malaysian oil and gas company has Hibiscus Petroleum has completed the acquisition from 3D Oil of a 50% interest in an oil and gas exploration permit in the prolific Gippsland Basin, off Victoria, AustraliaThe completion of the acquisition of…
Offshore Heavy Transport (OHT) has signed the firm order for the construction of an offshore wind turbine generator installation vessel, which will mark the heavy-lift and transportation company's entry into the offshore wind turbine installation business…
Aker Offshore Wind, an offshore wind energy spin-off of Aker Solutions, has installed Light Detection and Ranging buoys (LiDARs) offshore Ulsan, South Korea. The company said the operation was a major milestone for the company’s KFWind consortium…
Bursa Malaysia-listed offshore vessel provider Icon Offshore has struck a deal to buy the Perisai Pacific 101 jack-up drilling rig.The 2014-built rig, owned by a subsidiary of Perisai Petroleum Teknologi Bhd (PPTB), is an asset mortgaged to Oversea-Chinese Banking Corporation (OCBC)…
The founder of one of Singapore's biggest marine fuel suppliers has been charged for his involvement in a large-scale oil theft from Shell's refinery in the city-state, according to a charge sheet reviewed by Reuters.Pai Keng Pheng, the founder and managing director of Sentek Marine & Trading…
Norwegian offshore vessel operator Solstad Offshore has won a long-term charter in Australia for its Normand Skimmer platform supply vessel.Solstad said Thursday that the contract was for five-years firm, with an unnamed 'major international company…
Japan's biggest refiner, Eneos Corp, permanently shut the 115,000 barrels-per-day (bpd) crude distillation unit at its Osaka refinery on September 30 as planned, a company spokeswoman said on FridayThe refiner, which was formerly known as JXTG…
Battery solutions provider Corvus Energy has won a contract with Vard Electro to supply lithium-ion battery-based Energy Storage Systems (ESS) for the new vessel being built at Vard Vung Tau yard in Vietnam for the Greater Changhua wind farms in Taiwan…
Commissioning has been completed at the third field at the Liwan gas project offshore China, Canadian oil company Husky Energy has said.'As a result of strong cooperation between Husky and its long-time partner CNOOC, the seven-well Liuhua 29-1 project was completed safely…
Italy's Eni is expected to take over the Indonesian Deepwater Development (IDD) project as operator Chevron sells its interest in the gas venture, the chairman of the country's upstream oil and gas regulator said on Wednesday.Chevron confirmed…
Swedish company Alfa Laval has said it has won orders to deliver Framo pumping systems for three FPSOs to be built in China.The orders comprise marine pumping systems for crude oil offloading, produced water, slop and ballast duties.The company…
Norwegian offshore engineering and construction firm Aker Solutions has completed the construction of subsea structures for China-based CNOOC's Lingshui 17-2 project in the South China Sea.The structures were built and tested at the China Offshore…
The first steel cutting ceremony was held in Taiwan Wednesday for the Green Jade DP3 heavy lift and installation vessel, the first such vessel built in Taiwan.The vessel has been commissioned by CDWE, a joint venture between Taiwanese company CSBC and Belgian offshore contractor DEME…
Oilfield services giant Baker Hughes has received a large order from Qatar Petroleum to supply multiple main refrigerant compressors (MRCs) for Qatar Petroleum’s giant North Field East (NFE) project. The North Field is the world’s single largest non-associated offshore natural gas field…
Singaporean conglomerate Keppel Corp said on Tuesday it had identified assets worth S$17.5 billion ($12.8 billion) that could potentially be monetized, including through sales, and started a review of its loss-making offshore and marine (O&M) business…
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