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Asia News

 

Petronas Awards Six Offshore Blocks in Malaysia Bid Round 2021

Dec 22, 2021

Malaysia's Petronas has awarded six of the 13 offshore exploration blocks offered in the recently concluded Malaysia Bid Round (MBR) 2021, an event held annually where Petronas offers oil companies exploration blocks, undeveloped discovered resources…

Yinson, Enauta Pen LoI for Atlanta Field FPSO

Dec 20, 2021

Malaysian FPSO contractor Yinson has signed a Letter of Intent with the Brazilian oil company Enauta Energia for the provision, operation, and maintenance of an FPSO at Enauta's Atlanta field in the Santos Basin, offshore Brazil.Enauta has been…

Chevron Taps InterMoor for SPM Removal in Thailand

Dec 20, 2021

InterMoor, Acteon’s moorings and anchors subsidiary, has been awarded a contract with Chevron in Thailand for the disconnection and removal of Single Point Mooring (SPM) Buoy 1 and 2 in the Gulf of Thailand.InterMoor will provide project management…

Borr Drilling Secures Work for Two Jack-Up Rigs

Dec 17, 2021

Jack-up drilling rig contractor Borr Drilling has won a contract with BW Energy for its jack-up drilling rig Norve for work in Gabon. The contract is scheduled to start in the second half of 2022 after the completion of the rig's current contract…

Japanese Oil Firm Buys into Dutch Offshore Wind Farms

Dec 16, 2021

Japanese oil and gas company Inpex has agreed to enter a stock transfer agreement with Diamond Generating Europe B.V. a Dutch-registered subsidiary of Mitsubishi Corporation and acquire a 50% stake in the Luchterduinen offshore wind farm and…

Siem Offshore Nets More Offshore Wind Work for OSCV Duo

Dec 13, 2021

Norwegian offshore vessel owner Siem Offshore said Monday it had signed a contract with an undisclosed client for operations in South East Asia for the Siem Barracuda offshore subsea construction vessel (OSCV), and an extension for OSCV Siem Stingray…

Seaway 7 Confirms Sizeable Offshore Installation Contract in Taiwan

Dec 10, 2021

Seaway 7, a subsidiary of Subsea 7 focused on the offshore renewable energy industry, has this week confirmed the award of a 'sizeable' contract in Taiwan. For Seaway 7, sizeable contracts are worth between $50 million and $150 million.The contract…

Gazprom Neft Expects Record Production This Year

Dec 09, 2021

Gazprom Neft, the oil arm of Russian gas giant Gazprom, expects its hydrocarbon production to exceed 100 million tonnes of oil equivalent this year, reaching a record high, it said on Thursday.Gazprom Neft had aimed to reach the 100 million…

Financial Close Reached for 298MW Offshore Wind Project in Taiwan

Dec 08, 2021

The Zhong Neng offshore wind project in Taiwan has reached financial close, Copenhagen Offshore Partners said Wednesday.The process for reaching financial close on the Zhong Neng project started 14 months ago and the large-scale offshore wind project will now be financed through CI IV…

Centus Marine Orders Another Fast Crew Boat from Strategic Marine

Dec 07, 2021

Singapore-based shipbuilder Strategic Marine has won a new contract from Centus Marine for a 42m Fast Crew Boat (FCB).'The vessel will be the latest bespoke design FCB Strategic Marine delivers for Centus Marine, with two vessels successfully…

Malaysia: T7 Wins $71M Worth of Contracts with Petronas, Hess, and Repsol

Dec 06, 2021

Malaysia-based energy industry services firm T7 Global has secured three letters of appointment and award worth a combined value of approximately RM300 million (~$70,9 million) under its energy division for operations and maintenance (“O&M”) segment and specialist products segment…

Udenna: Philippines' Malampaya Gas Project can be Extended for Several Years

Dec 06, 2021

The life of the Philippines' Malampaya natural gas field, which had been projected by the government to run dry by 2027, can be extended for several more years, the president of Udenna Corp, which now controls the project, said on Monday.'We…

Petronas Awards FEED Contracts for Third LNG Floater

Dec 02, 2021

Malaysian oil and gas giant Petronas has awarded two Front End Engineering Design (FEED) contracts to a JGC Corporation-Samsung Heavy Industries consortium and to Saipem as part of an international dual FEED design competition for a nearshore liquefied natural gas (LNG) project in Sabah…

China Told Indonesia to Stop Drilling for Oil and Gas in Disputed South China Sea Area

Dec 02, 2021

China told Indonesia to stop drilling for oil and natural gas in maritime territory that both countries regard as their own during a months-long standoff in the South China Sea earlier this year, four people familiar with the matter told Reuters…

China's SPIC Connects New Offshore Wind Farms to National Grid

Dec 01, 2021

China's State Power Investment Corp (SPIC), the country's top green power operator, connected two newly built offshore wind farms off south China's Guangdong province to the state grid on Tuesday, the company said on its official Wechat account…

Current News

Velesto Gets Shell’s Deepwater Job Offshore Malaysia

Velesto Gets Shell’s Deepwater Job Offshore Malaysia

Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal

Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal

Asia’s Oil Reliance on Middle East Explained

Asia’s Oil Reliance on Middle East Explained

Oil Prices Go Up 3% as Iran Crisis Disrupts Supply

Oil Prices Go Up 3% as Iran Crisis Disrupts Supply

Petronas Picks OceanSTAR Elite FPSO for Asian Oil and Gas Project

Petronas Picks OceanSTAR Elite FPSO for Asian Oil and Gas Project

Velesto Inks Five-Year Drilling Deal for Jack-Up Rig with Petronas

Velesto Inks Five-Year Drilling Deal for Jack-Up Rig with Petronas

Arabian Drilling Reactivates Fleet as GCC Offshore Contract Starts

Arabian Drilling Reactivates Fleet as GCC Offshore Contract Starts

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