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Asia News

 

Jan De Nul's Newbuild Jack-up Voltaire Suffers 'Limited Damage' in China Typhoon

Sep 16, 2022

Offshore installation specialist Jan De Nul Group said Thursday that the shipyard in China where its flagship jack-up installation vessel Voltaire is being built, was hit by typhoon Muifa in China during the night of 14 to 15 September 2022…

CNOOC Brings Online 7,100 BPD Offshore Oil Field in China

Sep 13, 2022

Chinese offshore oil company CNOOC Limited has started oil production from its Kenli 6-1 Oilfield 10-1 North Block Development Project, offshore China.The development project locates in the south of Bohai Sea, with an average water depth of about 19 meters…

Shell, Petronas Develop Rosmari-Marjoram Gas Fields in Malaysia Using Solar-powered Offshore Platform

Sep 05, 2022

International oil major Shell has, together with Malaysia's Petronas, reached a final investment decision (FID) to develop the Rosmari-Marjoram deepwater sour gas fields, discovered in 2014, offshore Bintulu, Sarawak, Malaysia.Shell,which is the operator of the project with an 80 percent stake…

Philippines Open to New Oil Exploration Talks with China

Aug 31, 2022

The Philippines is open to new talks with China on oil and gas exploration, the Southeast Asian country's foreign minister said on Wednesday.A deal with China or any other country on joint oil and gas exploration, however, should comply with Philippine laws…

KNOT Takes Delivery of Dual-Fuel Shuttle Tanker. Charter Secured with Eni

Aug 31, 2022

Knutsen NYK Offshore Tankers (KNOT), an affiliate of NYK,  has taken delivery of a dual-fuel LNG shuttle tanker built at Daewoo Shipbuilding & Marine Engineering yard in South Korea. The vessel has been named “Sindre Knutsen.”Like its sister ship “Frida Knutsen…

Petronas Carigali Taps Handal for Offshore Crane Work

Aug 29, 2022

Malaysia's Handal Energy said that its Handal Cranes subsidiary had received two letters of award from Petronas Carigali (“PCSB”).The LOAs are in relation to the companies' master service agreement for lifting equipment operation and maintenance services…

Asia LNG Price Hits Record High Ahead of Nord Stream Pipeline Outage

Aug 29, 2022

Asian spot liquefied natural gas (LNG) hit a fresh record high [last week] as South Korean and Japanese buyers restocked for the winter and a planned outage at the Nord Stream 1 pipeline next week pushed up European demand.The average LNG price…

Chinese Defense Firm Takes Over Lifting Venezuelan Oil for Debt Offset

Aug 26, 2022

China has entrusted a defense-focussed state firm to ship millions of barrels of Venezuelan oil despite U.S. sanctions, part of a deal to offset Caracas' billions of dollars of debt to Beijing, according to three sources and tanker tracking data…

China's CNOOC Aims for 28% Oil Output Growth at Home by 2025

Aug 26, 2022

Chinese offshore oil and gas major CNOOC expects its annual domestic crude oil production to reach 1.2 million barrels per day by 2025, 28% above its current level.The targeted output compares to first-half production offshore China in 2022 of 169…

Japan's JERA Pens New LNG deal with Russia's Sakhalin-2

Aug 26, 2022

Japan's JERA has signed a deal with the new operator of the Sakhalin-2 energy project in Russia to maintain long-term deliveries of liquefied natural gas (LNG), a spokesperson for the country's biggest power generator said on Friday.Russian…

Velesto Nets $13,4M P&A Work at Petronas' Tembungo Offshore Field

Aug 26, 2022

Malaysian oil and gas company Petronas has awarded a contract to the offshore services firm Velesto for the plugging and abandonment services at Tembungo A & B platforms offshore Sabah, Malaysia.Velesto said Thursday that the contract had an…

Helix Wins Offshore Decommissioning Work in Thailand

Aug 26, 2022

Helix Robotics Solutions has won a 180-day contract by a local Thailand contractor to perform decommissioning services using the subsea construction vessel Grand Canyon II.The company, a robotics branch of the Helix Energy Solutions Group, said…

Australia: Santos Limits Barossa Gas Drilling Pending Court Decision

Aug 26, 2022

Santos Ltd has agreed to pause some drilling on the Barossa gas project in waters off northern Australia pending a court decision on a challenge by a group of Indigenous land owners seeking to stop the $3.5 billion project.Hearings on the case concluded on Friday at the Federal Court in Darwin…

Japan's Windy Network Acquires Saab Seaeye Falcon ROV

Aug 25, 2022

Windy Network, a Japanese 3D survey company, has chosen a Saab Seaeye Falcon underwater remotely operated vehicle for its operations.The company plans to deploy the ROV on a wide range of missions, including academic research, marine archaeology…

Myanmar Earns $800M from April-July Gas Exports

Aug 25, 2022

Military-ruled Myanmar earned $800 million from natural gas exports mainly to China and Thailand, between April and July, the junta said in the state newspaper on Thursday.The country has been embroiled in chaos since the military overthrew…

Current News

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

Qatar LNG Halt Forces Asia to Seek Alternative Supplies

Qatar LNG Halt Forces Asia to Seek Alternative Supplies

China Looks Best Placed to Weather Iran Energy Shock

China Looks Best Placed to Weather Iran Energy Shock

Qatar Stops LNG Output, Other O&G Fields Shut as War Rages

Qatar Stops LNG Output, Other O&G Fields Shut as War Rages

Oil Up 8% as Middle Eastern War Rages

Oil Up 8% as Middle Eastern War Rages

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