French engineering company GTT has won orders from South Korean shipyards Hyundai Samho Heavy Industries (HSHI) and Daewoo Shipbuilding & Marine Engineering (DSME) to design tanks for two new LNG carriers.GTT will design the tanks of the vessels which will each offer a cargo capacity of 174…
Malaysia's offshore services firm Sapura Energy has won new contracts worth RM1.2 billion (around $284 million) in its Engineering and Construction (E&C), Operations and Maintenance (O&M) and Drilling divisions.In Engineering & Construction…
Offshore installation firm Jan De Nul has installed four export cables for the 376MW Formosa 2 offshore wind farm in Taiwan. Jan De Nul used its cable-laying vessel Willem de Vlamingh to install with cables of total length of 34 kilometers.'Thanks to her shallow draft design…
Royal Dutch Shell launched the sale of its stakes in oil and gas fields it does not operate off the coast of Malaysia, according to a document seen by Reuters.The Anglo-Dutch company announced in March that it was considering selling its stakes…
Singapore's Sunseap Group says it plans to spend $2 billion to build the world's largest floating solar farm and energy storage system in neighboring Indonesian city Batam, which will double its renewable power generation capacity.The floating photovoltaic system is expected to have a capacity of 2…
Maersk's Svitzer, a maritime towage provider, has recently signed a 10-year deal with FGEN LNG, a First Gen subsidiary, for towage and other vessel support services required by FGEN LNG’s Offshore LNG Terminal in the Philippines.The LNG Terminal…
Japan's JFE Engineering Corporation is set to build a factory for the construction of monopile foundations and transition pieces for the offshore wind industry. The company also has plans to build jacket-type foundations in the future.'The monopile…
Norwegian offshore vessel owner Solstad Offshore said Tuesday it had secured two contracts for its large construction vessels.The medium-term contracts are for the vessels Normand Navigator and Normand Frontier.The Normand Navigator, a 142,6 meters long vessel built in 2015…
Offshore wind developer La Gan Wind, owned by Copenhagen Infrastructure Partners (CIP), Asiapetro, and Novasia, has awarded an offshore geotechnical contract to a consortium led by Vietsovpetro, PTSC G&S, and Fugro.The award is part of CIP’s…
The Adani Group will offer a 50% discount on charges to liquefied natural gas (LNG)-fuelled ships at Mundra, India's largest commercial port, according to a notice seen by Reuters, as the country seeks to cut emissions under its green ports plan…
South Korean shipbuilder Samsung Heavy Industries is joining the offshore wind industry through the development of an independent offshore wind floater model able to operate in extreme marine environments.The company said Monday it had received Approval in Principle (AiP) for its 9…
Oil Search rejected an unsolicited takeover proposal from Santos Ltd that valued the Papua New Guinea-focused oil and gas producer at A$8.8 billion ($6.5 billion), the two companies said on Tuesday.Oil Search said the offer was not in the best interests of shareholders…
China's Hudong-Zhonghua Shipbuilding Group last week delivered its first 174,000 cubic-meter floating liquefied natural gas storage and regasification unit (LNG-FSRU).The 294 meters long LNG FSRU named Transgas Power was delivered to the Greek company Dynagas on Thursday…
Oil Search Managing Director Keiran Wulff has resigned 17 months after taking charge over a long-term medical condition that the Papua New Guinea-focused company said had recently deteriorated.The board had been in discussions with Wulff over complaints about his behavior…
CS Hunan Venture very large crude carrier, dubbed one of the most advanced and energy-efficient VLCCs ever built in China, was recently launched by Dalian Shipbuilding Industry Group (DSIC).The vessel is owned by China Shipbuilding Consulting…
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