Japan, the world's top liquefied natural gas (LNG) importer, is facing its latest challenge in securing vital gas supplies from Russia after Western reinsurers said they would halt marine war insurance for ships travelling in Russian waters from Jan…
Indonesia has awarded another two oil and gas exploration blocks to domestic firms as it seeks to boost production to meet growing energy demand, the energy ministry's director general of oil and gas said on Wednesday. The Paus working area in offshore East Natuna…
Three Japanese insurance companies that are set to halt marine coverage of risks related to the war in Ukraine starting next month are in talks with reinsurers to resume those operations, they said on Monday. Tokio Marine & Nichido Fire Insurance…
Chinese oil company CNOOC Limited said Monday that its Bozhong- Kenli oil fields power from shore project had successfully started operation. The project will power 39 offshore platforms in Bohai Bay, China.The main facilities of the project…
Indonesia aims to export natural gas to Vietnam starting in 2026 from the Tuna offshore block located near the Indonesian and Vietnamese maritime border, the country's energy minister said on Friday. Southeast Asia's biggest economy may deliver…
Malaysian oil and gas company Petronas together with its Petroleum Arrangement Contractors (PACs) recorded a total of 10 oil and gas discoveries in Malaysia in 2022, following the increase of exploration activities in the country. Eight oil and gas discoveries were made off the coast of Sarawak…
Marubeni said Thursday it had started commercial operation at the Noshiro Port offshore wind farm in Japan on December 22, 2022, based on the feed-in tariff program for renewable energy.Marubeni Corporation has been implementing this first utility…
Jack-up rig leasing firm Shelf Drilling has secured three-year contracts for two of its offshore drilling rigs in India.The company said Thursday that the Indian national oil firm ONGC had awarded three-year deals for its Compact Driller and Key Singapore rigs…
Atlantic Gulf & Pacific International Holdings (AG&P) have signed a charter agreement to use ADNOC L&S 's LNG Carrier Gasha, as a Floating Storage Unit (FSU).The LNG carrier will be used at AG&P's LNG import terminal in India, which will be commissioned in the second half of 2024…
Shipbuilder Marco Polo Marine's Taiwan-based subsidiary, PKR Offshore, has signed a deal with wind turbine maker Vestas Taiwan Co., Ltd, for the maiden deployment of its new Commissioning Service Operations Vessel (CSOV).The new CSOV, which will be able to accommodate up to 110 persons…
Canada-based energy company Northland Power Inc. has signed a deal to sell 49% of its interest in the Hai Long offshore wind project in Taiwan to Gentari.Upon closing, the transaction will result in Gentari holding a 29.4% indirect equity interest in the project…
Copenhagen Infrastructure Partners (CIP) said Wednesday it had been allocated 500–600 MW of capacity in the first round of Taiwan’s Round 3 Zonal Development offshore wind auction.'On December 14, 2022, it was announced that CI IV’s [a CIP subsidiary] Fengmiao offshore wind project…
Marine fuel sales at Singapore jumped to a 22-month high in November, latest official data showed on Tueday, as lower prices lifted buying interest at the world's largest bunkering hub.November bunker sales totalled 4.37 million tonnes, climbing 3% month-on-month and up 4% year-on-year…
Shell Plc said on Tuesday it would sell its stake in two offshore production sharing contracts in Malaysia's Baram Delta for $475 million to Petroleum Sarawak Exploration & Production Sdn Bhd. The announcement comes after Shell announced in…
Wah Seong Corporation's Singapore-based subsidiary, WS Engineering & Fabrication Pte. has won a contract to build FPSO topside modules from Malaysian FPSO supplier Yinson.The contract is worth around $127 million.According to Wah Seong, the scope of work of the contract involves engineering…
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