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COSCO Orders Three LNG Carriers at Hudong-Zhonghua

Jun 30, 2020

Hudong-Zhonghua Shipbuilding Co, a unit of China State Shipbuilding Corp, has signed contract to construct three liquefied natural gas (LNG) carriers worth 3.9 billion yuan ($551.62 million), reported the state-backed Jiefang Daily on Tuesday.The LNG carriers, each with a capacity of 174,000 cubic metres, will be operated by China COSCO Shipping and be deployed for LNG shipping services for PetroChina International Co…

Hyundai Heavy Bags Double VLCC Order

May 21, 2020

South Korea's shipbuilding giant Hyundai Heavy Industries has secured an order to build two very large crude carriers for unnamed European shipowners.The value of the orders for two 300,000-ton VLCCs, which will be equipped with scrubbers to meet IMO emission regulations…

Early Terminations for Borr Drilling Offshore Rigs

Apr 14, 2020

Jack-up drilling contractor Borr Drilling has received early contract terminations for five offshore drilling rigs, and has warned that more terminations might be forthcoming. On the bright side, the company has been awarded letters of award for two premium jack-ups…

Solstad Lines Up Contract for Far Stream

Mar 09, 2020

Norwegian ship owner Solstad Offshore said it has secured work for its 2006-built anchor handling tug supply vessel (AHTS) Far Stream supporting a six-well drilling program for a major Malaysian operator.The 285-day contract is due to commence…

Carimin's Accommodation Workboat for Petronas Carigali

Feb 10, 2020

Malaysia's Petronas Carigali has signed a long-term charter deal with Carimin Marine Services for the provision of an accommodation workboat.Carimin said that Monday that the contract, signed January 21, would keep the offshore accommodation unit busy for almost two years (716 days…

ENA Shogun Signed On One-year Deal

Jan 03, 2020

Anchor-handling tug supply (AHTS) vessel ENA Shogun will commence a one-year project (+options to proceed further) with a Bruneian oil company, primarily supporting semi-submersible rigs in their fleet.VOS Singapore said it has secured a third…

Sapura Esperanza Extended in Malaysia

Jan 03, 2020

Oil and gas services firm Sapura Energy said it has been awarded a contract extension by Sarawak Shell Berhad / Sabah Shell Petroleum Company Limited, for the provision of a semi-submersible tender assist drilling rig, Sapura Esperanza.The contract…

Polarcus Wins Seismic Project in APAC

Dec 23, 2019

Polarcus has been awarded an XArray marine seismic acquisition project in the Asia Pacific region, the company announced on Monday.According to Polarcus, the work is slated to commence in the second quarter of 2020 with a duration of approximately four months.

DOF Subsea Bags APAC Contracts

Nov 21, 2019

Norway-based international subsea operating company DOF Subsea announced several contract-awards in the Asia Pacific region, securing 130 days vessel and resource utilization into the first quarter of 2020.  The contracts, for undisclosed clients in New Zealand and South East Asia…

Thunder Cranes Wins Chevron Contract

Nov 20, 2019

The Thunder Cranes Group said it has secured a contract to support Chevron on a three-year plug and abandonment project in the Gulf of Thailand that will include some 3,000 wells.The multimillion-dollar contract will see Thunder Cranes add a further three brand new TC90XL cranes to its fleet…

Wintermar Charters PSV Duo in Indonesia

Nov 18, 2019

Wintermar announced on Monday it has secured contracts for two platform supply vessels (PSVs) to a major oil and gas company for a total of seven years including options.The PSVs will provide deck and cargo supply runs to support the drilling operations in Eastern Indonesia…

Indonesia Inks 20-year PSC for Corridor Block

Nov 11, 2019

Indonesia's government signed on Monday a production sharing contract with units of ConocoPhillips, PT Pertamina and Repsol SA for the Corridor natural gas blocks, Energy and Mineral Resources Minister Arifin Tasrif told reporters.The contract…

Weatherford Wins Russia Contracts

Oct 31, 2019

Oilfield services firm Weatherford announced it has signed two contracts totaling $67.4 million for drilling services with two major operators in Russia.The first contract spans two-and-a-half years. Operations began in July 2019 and will last through the end of 2022…

Seaway 7 Scores Taiwan Job

Oct 31, 2019

Seaway 7, Subsea 7's renewables and heavy lifting business unit, has won a contract from Jan de Nul for the Formosa 2 Offshore Wind Farm project in Taiwan.The contract scope includes the transportation, pre-piling and installation of 47 jacket foundations for wind turbines…

CNOOC Orders MacGregor Pull-in System

Oct 29, 2019

MacGregor has received an order from the China National Offshore Oil Corporation (CNOOC) to supply the riser pull-in system for a deepwater floating production unit (FPU) located in the Lingshui 17-2 gas field, offshore China.MacGregor, part of Cargotec…

Current News

Gazprom Aims to Increase Gas Supplies to China

Gazprom Aims to Increase Gas Supplies to China

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Offshore Wind Spending Hits Record High, Despite Covid-19

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MOL Makes 13th Discovery in Pakistan

OPEC Expects Record Rise in Oil Demand in 2021

OPEC Expects Record Rise in Oil Demand in 2021

First Taiwan-built Offshore Installation Vessel to Sport Wärtsilä Gear

First Taiwan-built Offshore Installation Vessel to Sport Wärtsilä Gear

KPMG Flags Oil Trader ZenRock's Questionable Deals

KPMG Flags Oil Trader ZenRock's Questionable Deals

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Woodside Expects $4.37B Loss after Asset Write-down

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