Malaysian state energy giant Petronas announced a flip to a second-quarter profit on Friday on the back of a recovery in prices and demand, but said it will be a 'long, drawn out process' before the industry returns to pre-pandemic levels.Petronas…
When Cambodian officials commemorated the start of the country's first oil project in June by preserving the first drops of production at a high-profile ceremony, they heralded the country's emergence as a budding oil exporter at the heart of Asia…
The Cambodian government is seeking the return of an oil tanker and its crew who have been detained in Indonesia, alleging that the ship had loaded oil illegally from an offshore oil field, a government official said on Thursday.The Bahamas…
Chinese national offshore oil and gas company CNOOC has started production from its Bozhong 26-3 oil field expansion project in the south of Bohai Sea, The field is located in an area with an average water depth of around 21 meters. 'In addition to fully utilizing the existing processing facilities…
Malaysia's Sapura Energy has won the FEED contract for the design, construction, and installation of the Wellhead Platform (WHP) for Dorado offshore development in Western Australia.The WHP will be an unmanned installation, located in 90 meters water over the Dorado oil and gas field…
China's state-run offshore oil and gas explorer and producer CNOOC said Monday it had started production from its Luda 6-2 oil field ahead of schedule.Luda 6-2 oilfield is located in Liaodong Bay of Bohai Sea, with an average water depth of about 30 meters…
Japanese utility Kansai Electric Power Co Inc and German utility RWE have agreed to jointly study the feasibility of a large-scale floating wind project off the Japanese coast, the companies said on Monday.Japan's offshore power market is expected…
Thai oil company PTTEP has appointed its President Montri Rawanchaikul as the new Chief Executive Officer (CEO) and Director.He will replace Phongsthorn Thavisin who will end his roles with PTTEP on September 30, 2021. The appointment of the new CEO and Director will be effective from October 1…
China's top offshore oil and gas driller CNOOC Ltd said it would channel up to 10% of annual spending to green energy by 2025, and announced interim net profit more than tripled from last year as oil prices rebounded.That doubles a previous…
China's top offshore oil and gas driller CNOOC Ltd said on Thursday its first-half net profit more than tripled from a low base last year, supported by rebounding oil prices and recovering energy demand after the pandemic.CNOOC Ltd, a listed branch of China National Offshore Oil Corp…
Russian liquefied natural gas producer (LNG) Sakhalin Energy said on Wednesday post-shutdown commissioning was continuing at the second LNG train at its Prigorodnoye production complex.Comprehensive maintenance work, which began on July 9, had been initially due to last around 37 days…
TotalEnergies nad Macquarie’s Green Investment Group (GIG) and have recently secured an electricity business license (EBL) for their floating offshore wind project located off the coast of Ulsan, South Korea.This is the first floating offshore…
Oslo-listed ocean bottom node seismic data acquisition firm Magseis Fairfield has said it has secured a large OBN survey in Asia for an undisclosed customer. The survey will take about five months to complete and will begin in the fourth quarter of 2021…
Norway's Aker Offshore Wind said Thursday it has, with its partner Mainstream Renewable Power, been selected as the preferred bidder to acquire an initial 50 percent stake in Progression Energy’s 800MW floating offshore wind project in Japan…
South Korean subsea cable firm LS Cable & System said Wednesday it would soon acquire the largest submarine cable laying barge in Korea, targeting offshore wind opportunities.'LS Cable & System is planning to strengthen its position in the submarine…
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