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Malaysia: Petra Energy Wins Work for Accommodation Workboat

Mar 17, 2023

Bursa Malaysia-listed Petra Energy has secured a contract with Petronas Carigali to provide accommodation workboat Petra Galaxy.The value of the contract is based on work orders issued by PCSB throughout the contract duration, Petra Energy said Friday…

Thailand Rushes to Avert Spill After Fatal Accident on Oil Storage Ship

Mar 16, 2023

Authorities in Thailand on Thursday were working to avert a leak from a storage vessel carrying 400,000 barrels of crude oil.One crew member was killed after seawater entered the hull of the Benchamas 2 when a seal malfunctioned during maintenance earlier this week…

DNV Supports KEPCO's Project to Bring Offshore Wind Power to South Korea

Mar 16, 2023

DNV said Thursday it was assisting Korea Electric Power Corporation (KEPCO) Research Institute in the development of a long-term offshore power grid plan to deliver renewable offshore wind power to South Korea. The project is scheduled for completion by mid-2025…

Shell Completes Sale of Baram Delta and SK307 Offshore Blocks to PSEP

Mar 15, 2023

Shell's Malaysian subsidiary Sarawak Shell Berhad has completed the previously announced sale of its stake in two offshore production sharing contracts (PSC) in the Baram Delta to Petroleum Sarawak Exploration & Production Sdn. Bhd. (“PSEP”)…

Philippine Firm Targets New Gas Wells, Solar Investment

Mar 15, 2023

Philippine holding firm Prime Infrastructure Capital Inc aims to put new wells at the country's only major natural gas project into commercial operation in 2026, and is seeking other fields to ensure long-term output, its CEO told Reuters on Wednesday…

Japan's Emerging Offshore Wind Market Attracting Norwegian Supply Chain and Developers

Mar 14, 2023

Offshore wind organizations Norwegian Offshore Wind in Norway and JWPA in Japan signed an MOU in Tokyo to get business going between the two countries' offshore wind companies. 'Both the Norwegian supply chain and developers are interested in the emerging Japanese market…

Malaysia's Petronas Posts Higher Q4 Profit, Sees Lower Oil Prices in 2023

Mar 13, 2023

Malaysia's state oil firm Petroliam Nasional Berhad on Monday posted a 55% jump in quarterly profit on higher energy prices and bigger sales volume, but warned of moderating prices for this year due to an expected slowdown in the global economy…

Indonesia Invites Oil Firms to Set Up Carbon Capture Facilities

Mar 10, 2023

Oil and gas companies operating in Indonesia are being encouraged to install carbon capture facilities in their working areas, the Energy Ministry said on Friday.The resource-rich country, which is also one of the world's biggest greenhouse gas emitters…

Alaska's Qilak LNG Targets Asia with $5B Project to Compete with Russia

Mar 08, 2023

Qilak LNG plans to invest $5 billion in a proposed liquefied natural gas (LNG) facility in Alaska's North Slope to compete with Russia's Yamal project for Asian customers towards the end of this decade, its chief executive said. Major LNG importers such as Japan…

Shearwater GeoServices Wins 3D Survey Contract Offshore South Korea

Mar 08, 2023

Marine seismic survey contractor Shearwater GeoServices has secured a 3D streamer survey offshore South Korea.The contract, of an undisclosed value, was awarded by Korea National Oil Corporation (KNOC).The award of the 1,200 sq. km survey marks…

ONGC, TotalEnergies Sign Deepwater Exploration Deal

Mar 06, 2023

India's top explorer, Oil and Natural Gas Corp has signed a memorandum of understanding with French major TotalEnergies for exploration of deep-water blocks, the company tweeted on Monday.India, the world's third biggest oil importer and consumer…

MMA Offshore's Vessel Trio Nets Offshore Wind Contracts in Taiwan

Mar 03, 2023

Australian offshore support vessel owner MMA Offshore said Friday it had secured three contracts supporting offshore wind farm developments in Taiwan during 2023.The three contracts, with firm periods totaling 370 days, will increase the company’s…

CNOOC Confirms Third Oilfield Discovery with 100 Million Tons of Reserves in Southern Bohai Sea

Mar 02, 2023

Chinese oil company CNOOC Limited has informed it has discovered the Bozhong 26-6 oilfield in the Bohai Sea, off China, saying the discovery 'brings another hundred million tons of reserves.'Bozhong 26-6 oilfield is located in the south of the Bohai Sea…

Oman to Offer Offshore Oil and Gas Blocks in 2023 - Tweet

Mar 02, 2023

Oman is in the preparation process to offer a new batch of oil and gas concession areas by the end of the first quarter of 2023, the energy ministry said in a tweet on Thursday.While the first batch will target onshore blocks, the Gulf-state…

Singapore's Keppel Completes $3.34B Sale of Offshore Unit to Sembmarine

Feb 28, 2023

Singapore's Keppel Corp said on Tuesday that Sembcorp Marine (Sembmarine) has completed a S$4.50 billion ($3.34 billion) buyout of its offshore & marine unit after receiving the necessary shareholder approvals. ($1 = 1.3484 Singapore dollars) (Reuters - Reporting by Jaskiran Singh in Bengaluru…

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